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Piper Sandler Sounds Alarm: Shrinking Oil Buffers To Collide With Winter Demand
Piper Sandler Sounds Alarm: Shrinking Oil Buffers To Collide With Winter Demand
Piper Sandler global energy strategist Jan Stuart wrote in a note on Friday that the physical oil market is flashing major warning signs, including disrupted exports, depleted inventories, and an ongoing diesel shortage crisis, all converging ahead of stronger fourth-quarter demand.
Saudi Arabia's export squeeze is becoming a major problem. The kingdom's crude shipments remain halved as Iran-backed Houthis begin to dent Red Sea loadings while Persian Gulf shipments remain depressed. Houthis overnight seized Mokha in the Bab el-Mandeb Strait, suggesting commercial traffic...
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Permanent Switch To Daylight Saving Time Easily Passes US House
Permanent Switch To Daylight Saving Time Easily Passes US House
The movement to liberate Americans from changing their clocks twice a year cleared a key hurdle on Tuesday, as the US House of Representatives advanced the Sunshine Protection Act by a lopsided 318-117 margin. While many Americans would like to stop the spring and fall time changes, not all of them are on board with the Sunshine Protection Act's specific approach, would would make daylight saving time permanent.
President Trump has backed the proposal, and the White House issued a statement as...
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Speculation Surges That Pakistan Talks Are A Delay Tactic Ahead Of Expanded US Action On Iran
Speculation Surges That Pakistan Talks Are A Delay Tactic Ahead Of Expanded US Action On Iran
President Trump has made clear that American forces will still be "hanging around" the Persian Gulf area with an eye on Iran, while demanding that the Strait of Hormuz be opened to global energy transit once again.
Trump has vowed to keep troops positioned for a fight "until such time as the REAL AGREEMENT reached is fully complied with." As direct US-Iran talks are set for Islamabad Saturday morning, there's been an avalanche of speculation...
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