By Tyler Durden, By John Kemp, Senior Market Analyst at Reuters Global stocks of diesel and other middle distillates have fallen to the lowest seasonal level since 2008, when similar shortages of these transport and industrial fuels helped to propel oil prices to a record high. Distillate fuel oil inventories in the United States are 30 […]

By Tyler Durden, Authored by Michael Maharrey via Libertarian Institute/Tenth Amendment Center The government of the United States has intervened militarily in other countries for decades, against the council of founders like George Washington who advised America should “observe good faith and justice towards all nations; cultivate peace and harmony with all.” But the U.S. doesn’t only project […]

Global Intel Hub — Charlotte, NC — 3/10/2022 — As the COVID false flag narrative has completely unfolded a new and much more vicious one has replaced it: Russia.  The average American doesn’t know the difference between a Gold Coin (worth about $2,000) vs. a $20 or even $5 bill (See Mark Dice asking people […]

By Tyler Durden, Finally, after months of pressure from entrepreneurs and venture capitalists, the White House is taking a leading role in developing US crypto regulation. Optimism surrounding the actual statement – which was released this morning – was parked last night when Treasury Secretary Janet Yellen appeared to accidentally praise the new executive order… before […]

By Tyler Durden, Stocks have staged a remarkable surge as the market’s attention turns to a report from AFP which quotes President Volodymyr Zelensky saying “he is no longer pressing for NATO membership for Ukraine, a delicate issue that was one of Russia’s stated reasons for invading its pro-Western neighbor.” The AFP also noted that “in another […]

By Tyler Durden, Consumer goods companies are raising prices of ‘essential everyday’ items on Americans as inflation soars to multi-decade highs. The latest to do so is Colgate-Palmolive, an American multinational consumer products company, announced a new expensive line of toothpaste, according to Reuters. Last week, Colgate-Palmolive CEO Noel Wallace told an industry conference that its […]

By Tyler Durden, Another day, another flashing red headline that the White House is considering a ban on Russian oil imports – something it has repeatedly said earlier this week – although it has yet to make a decision: *WHITE HOUSE CONSIDERING BAN ON RUSSIAN OIL IMPORTS *WHITE HOUSE SPOKESPERSON SAID NO DECISION HAS BEEN […]

By Tyler Durden, One month after Turkey’s president Erdogan fired his statistics chief for reporting that inflation hit 36%, his current replacement must be dreading every incoming phone call after earlier today Turkey reported that annual inflation again soared more than expected, hitting a two-decade high of 54.4% in February, above the 52.5% consensus, fuelled by a […]

By Tyler Durden, As discussed yesterday in “Buyers Balk At Russian Oil Purchases Despite Record Discounts, Sanction Carve Outs” the bevy of Russian sanctions have had the unintended consequence of also freezing Russian oil exports – despite explicit carve outs in terms set by Western nations – as buyers balk and boycott Russian crude sales […]