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US Diesel Supplies Slump To 23-Year Lows; Oil Prices Lower After Trump's Comments, SPR Drain
US Diesel Supplies Slump To 23-Year Lows; Oil Prices Lower After Trump's Comments, SPR Drain
Oil prices extended losses this morning as investors weighed the Democratic sweep of Congress in the Midterms and what it means for President Trump's approach to Iran, amid uncertainty over whether Washington will pursue diplomacy or renew military strikes. Specifically, the results could introduce additional constraints on Trump's agenda, particularly around funding overseas military operations and other foreign policy commitments.Additionally, Qatar said Tuesday that mediation between Washington and Tehran was continuing, with both sides reviewing...
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Oct 25, 2026 / Dave DeCamp
Musk Says Ukraine Violated Starlink Terms of Service by Using It For Offensive Drone Attacks
SpaceX owner Elon Musk wrote in a post on X on Saturday that Ukraine had violated Starlink’s terms of service by using the satellite internet service for offensive drone attacks and said that the “loophole” allowing those attacks had been closed. “Ukraine military violated Starlink terms of service and used it for offensive drone strikes […]
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Nov 3, 2026 / Tyler Durden
The Chart That Should Terrify Brussels: EU NatGas Reserves Could Crater By Winter's End
The Chart That Should Terrify Brussels: EU NatGas Reserves Could Crater By Winter's End
Diplomatic signals between the US and Iran ahead of the US midterms sent Brent crude and European natural gas futures tumbling on Monday, but the relief rally has done little to resolve Europe's energy crisis ahead of the Northern Hemisphere winter.Alarmingly low NatGas storage levels at the start of the withdrawal season leave the energy-stricken continent with a very thin supply buffer, increasing its dependence on global LNG markets and its exposure to cold blasts, supply...
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Sep 9, 2026 / Tyler Durden
Data Center Revolt Accelerates Ahead Of Midterms As Wells Fargo Warns Of Fourfold Jump In Active Moratoriums
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