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The EIA's data for implied demand for U.S. gasoline production in the week ending May 8 was 9.8019 million barrels per day, compared to 9.6689 million barrels per day in the previous week.

2026-05-13

The EIA's data for implied demand for U.S. gasoline production in the week ending May 8 was 9.8019 million barrels per day, compared to 9.6689 million barrels per day in the previous week.

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2026-05-13

US President Trump: When fake news media claim that Iran is militarily behaving well for the United States, it's practically tantamount to treason, because such claims are completely false and even absurd. The Iranian navy, which once had 159 ships,

US President Trump: When fake news media claim that Iran is militarily behaving well for the United States, it's practically tantamount to treason, because such claims are completely false and even absurd. The Iranian navy, which once had 159 ships, is now completely sunk. They have no navy, no air force, all their technological capabilities have been destroyed, their "leader" is gone, and the country is now in economic disaster.
2026-05-13

South Korean stocks quickly erased losses Wednesday as local retail investors bought into foreign fund selling. The rose 0.3% after dropping as much as 3.2% intraday. briefly fell up to 6.1% after failing to reach a wage agreement with its largest la

South Korean stocks quickly erased losses Wednesday as local retail investors bought into foreign fund selling. The rose 0.3% after dropping as much as 3.2% intraday. briefly fell up to 6.1% after failing to reach a wage agreement with its largest labor union, while reversed early losses amid concerns over overheating in AI-related stocks following a US tech selloff. Foreign investors have sold more than $45 billion of Kospi stocks so far this year, but local institutional and retail buying has supported the index, which is still up 82% year-to-date. Morgan Stanley raised its 12-month Kospi target to 8,500 from 6,500, citing structural reform support, while noting external risks from geopolitical tensions.
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