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U.S. Vice President Vance said he is 100% certain some people inside the Israeli government are trying to push U.S. policy so military operations continue. He said these actors are manipulating U.S. public opinion to keep the war going indefinitely,

2026-07-16

U.S. Vice President Vance said he is 100% certain some people inside the Israeli government are trying to push U.S. policy so military operations continue. He said these actors are manipulating U.S. public opinion to keep the war going indefinitely, not to achieve any specific objective but simply to continue fighting.

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2026-07-15

The answer is refiners, who are reaping historic profits. The WTI 3-2-1 crack spread has surged to $59 per barrel, a record high. This metric is a key indicator of how much profit refiners make per barrel of crude oil after processing it into refine

The answer is refiners, who are reaping historic profits. The WTI 3-2-1 crack spread has surged to $59 per barrel, a record high. This metric is a key indicator of how much profit refiners make per barrel of crude oil after processing it into refined products such as gasoline, diesel, and jet fuel. Since the beginning of 2026, refining margins have almost tripled. In comparison, between 1985 and 2021, this metric averaged only about $10 per barrel; even during the refining boom of 2004-2008, it never exceeded $30 per barrel. This surge in margins reflects a severe shortage of global refining capacity. The Iran war, attacks on Russian refineries, and reduced fuel exports from some countries have collectively led to a continued tightening of refined product supplies. Currently, approximately 10% of global refining capacity (about 8 million barrels per day) is shut down. This is why, despite international oil prices falling by about $40 per barrel from their March highs, fuel prices such as gasoline, diesel, and jet fuel remain high. With global oil supply tightening, refineries around the world are entering a period of substantial profits.
2026-07-15

According to the National Bureau of Statistics, the price of second-hand residential properties in Guangzhou rose 0.4% month-on-month in June (up 0.1% in the previous month) and fell 6.1% year-on-year (down 7.0% in the previous month).

According to the National Bureau of Statistics, the price of second-hand residential properties in Guangzhou rose 0.4% month-on-month in June (up 0.1% in the previous month) and fell 6.1% year-on-year (down 7.0% in the previous month).
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