European Energy Traders Brace for 21‑Hour Volatility Surge
Europe energy traders brace for 21-hour day as volatility surges https://t.co/lLXIQjQymB via @priazrocha @MaznevaElena https://t.co/BPlqCQG5sx
Rail Grain Shipments Hit 1993 Peak, Driven by Exports
Rail grain shipments have surged this year, hitting the highest levels since 1993, all thanks to exports.
Jet Fuel Premium Hits Record, 68% Above Brent
New record for the Singapore jet fuel premium versus spot Brent. Jet fuel in Asia now trades 68% above Brent. Physical crude matters more than paper crude & Refined products matter even more, because the global economy runs on refined...
Silver Poised for Bounce to 88.84 Amid Bear Market
$Silver - The bounce out of the March low should continue into late April. The target could be as high as the 78.6% retracement of the March down leg at 88.84. Overall, it's just another bounce in a developing bear...
Brent Front‑month Crashes, 12‑month Spread Narrows
Brent futures 12-month spread narrowed $16.45 (48%) 6-month spread widened $15.36 (54%) for the week ending April 10 Front-month price fell $13.83 (13%) from $109.03 to $95.20 #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities #commoditiesmarket https://t.co/gqclIvmfUr
Gold Poised to Rise to 5028‑5280 by Late April
$Gold - The bounce out of the March low should continue into late April. The target is the 61.8%-78.6% retracement of the late January to late March downtrend at 5028-5280. https://t.co/YIo7oWw7FV
US-Israeli Conflict Severely Disrupts Gulf Fertil
Fertilizer flows from the Gulf continue to be disrupted. THE US-ISRAELI WAR ON IRAN = MAJOR DAMAGE. https://t.co/jiYKxSmV7U
Steady Lithium Price Rise Preferred Despite Deficit
Mr @Sw197843: Yes, the deficit is here but don’t expect an explosion too soon. A slow & steady price rise is the best thing for #lithium. https://t.co/4cJkLGIYRb
Oil's $100 Benchmark Marks Beginning of Further Gains
The oil markets have seen a 15% correction. However, oil at $100 is the start. It's likely to go higher in the coming years. A must-watch video from @JoshYoung: https://t.co/mq89LrvTON
U.S. Oil Production Increases Vulnerability to Price Shocks
Being a top producer doesn’t insulate the U.S. from oil shocks It amplifies exposure. Oil is priced globally, and the U.S. economy is more oil-intensive than its peers, so higher prices hit harder. Those who think the US is less affected are...
Ceasefire News Drops Oil Futures, Defying Shortage Expectations
There was lots of talk how acute "physical" shortage in the spot market would pull up futures prices of oil. That turned out to be totally wrong. News of a ceasefire pulled down futures, which in turn pulled down spot...
Capstone Ends Strike, Boosts Output Amid Tight 2026 Copper Market
Capstone ended the Mantoverde strike and began ramping output as copper markets stay tight in 2026. https://www.metalnomist.com/2026/04/capstone-mantoverde-strike-ends-as.html
Energy‑GDP Link Means Hormuz Blockade Threatens Global Economy
Here is what data tells over 50 years of my tracking. Energy and world GDP track perfectly 1:1. Full shock incoming if Hormuz still stays choked. War not only risks global shortages, but exposes the fragility we’ve ignored. More information in the...
US Extends Russian Oil Waiver Amid Iran War Shock
US likely to extend Russian oil waiver to temper Iran war shock, sources say https://t.co/0Xr3HV1riR
Governments Subsidize Oil for Bottom 70% Starting 27th
Governments around the world are providing subsidies to help mitigate impact of higher energy prices. Such efforts counter recessionary pressures, but to what extent and for how long? Government Launches High Oil Price Support for Bottom 70% Starting 27th https://t.co/EWO71DrdHN
WA Households Miss Negative Pricing, Boosting Solar‑battery Push
In Western Australia, domestic customers don't have access to negative pricing events - because? @SynergyEnergy How about it @RogerCookMLA - a further incentive to put solar into batteries - and into batteries on wheels?
Central Banks' Gold Reserves Now Surpass US Dollar Holdings
JUST IN: Central banks' gold reserves hit a record $3.87 trillion, topping adjusted US Dollar reserves at $3.73 trillion by $140 billion, as gold assets tripled since 2022 while USD reserves fell $300 billion due to geopolitical tensions.
Rising Costs Force Southeast Asian Rice Farmers to Skip Planting
The war in the Middle East hits food staples ⚠️ 🌾 Rice farmers in Southeast Asia are deciding to skip planting for the next season due to rising fuel & fertilizer costs Some Thai farmers are leaving the crop in the ground...
Two‑Month Hormuz Reopening Too Late for Global Economy
Two months: that’s how long it might be before the Strait of Hormuz opens and resumes transit akin to before the war (from National Economic Council Director Kevin Hassett). Translation: We F’d up so bad and had zero plans to deal...
US Industrials Set to Boom as Gas Prices Plunge
Natural gas drives the US industrial economy, not oil. US natural gas prices are -20% since the Iran war broke out. This will be tremendous for US industrials. https://t.co/4k1zWGD9Ix
US Industry Relies on Natural Gas, Now 20% Cheaper
For the most part, the US industrial segment runs on natural gas, not oil. And US natural gas prices have dropped by 20% since March 1st.
Oil Headlines Mislead; Brent Stuck Near $100
I can’t be the only one who sees these headlines day in and day out yet sees Brent crude struggle to hold $100/barrel and thinks there must be magic supplies of oil out there somehow.
Anglo Cuts 2026 Copper Outlook Amid Lower Collahuasi Grades
Anglo cut 2026 copper guidance as lower ore grades at Collahuasi weaken Chilean production expectations. https://www.metalnomist.com/2026/04/anglo-2026-copper-guidance-falls-as.html
Oil Futures Lag Behind Spot Prices Amid Supply Shock
From The New York Times : “The futures and spot prices are rarely exactly the same, but the gap between them has grown unusually big in the past few weeks, so much so that oil executives and analysts say futures prices...
China Halts Jet Fuel Exports, Triggering Global Shortage
Jet fuel supply disruptions continue. China has halted jet fuel exports; Asia is running out of fuel. Major shortages could soon spread to Europe and the US. THE US-ISRAELI WAR ON IRAN = MAJOR DAMAGE. https://t.co/1BeaFpUw8i
Energy Price Surge Drives up U.S. CPI Inflation
First Wave of Energy Price Spikes Hit CPI Inflation. Energy that Americans pay for directly: Gasoline, propane, fuel oil, other fuels, utility natural gas, and electricity https://t.co/SiGQSZV2zn https://t.co/uO9XHnvFt8
Global Oil Trade Hits Record Amid Saudi Disruptions
🇺🇸US crude oil exports to increase to highest on record 🇮🇳India's Imports from Russia are Near Record High 🇸🇦Saudi Arabia's damaged oil facilities: What is the impact? Daily Energy Report https://t.co/pyGKWXbmpg
Oil Prices Drop After Iran Ceasefire, Hormuz Still Closed
🛢️ OIL & IRAN WAR CONTEXT WEEKLY 🛢️ Crude prices collapsed following the announcement of an Iran War ceasefire, during which attacks have continued, to reopen the Strait of Hormuz, which remains closed; all eyes on weekend negotiations Summary below, full report...
Platinum Surges 7%—Could Breach $2,300, Eye $3k
Platinum $PLAT. Monthly. +7.2%. Inflation returns ... and it begs the question: 'Will Platinum take out $2,300/oz resistance and head back higher toward $3K?" https://t.co/Oi2arghgMa
Energy Spot Index Surges 50% in 2026
Time to get excited about energy markets? The Bloomberg Energy Spot Subindex is up almost 50% in 2026, to unchanged since 2005! https://t.co/mPF44O7Vkt
Commodities Hit Record Highs, 83% in Uptrends
Commodities (per the Bloomberg Commodity Spot index below) are at new highs, driven largely but not exclusively by energy. Some 83% of the components in the BCOMSP are in uptrends. https://t.co/p7ml7lMWnw
Empty VLCCs Rush to US, Relieving Hormuz‑Starved Markets
Very cool seeing the wave of empty tankers heading to the US to pick up some desperately needed crude for Hormuz-starved markets. All the tankers on the map below are empty VLCCs (~2 million barrel capacity each) currently heading for the...
East Coast Gasoline Imports Dip; West Coast Imports Surge Early
East Coast vs. West Coast - Gasoline Imports Edition: Interesting trend developing in weekly data. The U.S. East Coast, typically the region that imports the most, has imports falling counter-seasonally. The West Coast, which has growing imports, has imports increasing...
Hormuz Closure Threatens Global Supply Chain Collapse
We said if Hormuz stayed close until mid-April, global supply chains were mathematically certain to begin collapsing, including in the US. Right on cue, on April 10👇 Things will rapidly get much worse from here if Hormuz stays closed “What’s the trade?” =...
Silver Miners Poised to Outpace Upcoming Price Rally
Silver Miners $SILJ vs Price of Silver $SLV. Are Silver stocks coiling ahead of their next advance? https://t.co/euKkgG5sKP
Futures Can Diverge From Spot Prices Long-Term
While phys/spot crude $ HAS to reflect immediate supply/demand pressures, and the spread to future cargoes needs to reflect scarcity (backwardation) or surplus (contango), futures $ never NEED to converge—and can remain steeply below—to those same levels in the short/medium-term
2026 European Gas Shock Pales Beside 2022 Crisis
CHART OF THE DAY: The European natural gas crisis of 2022 vs the 2026 (so far) mini-shock. The chart starts in July (both for 2021 and 2025) and tracks prices over 2022 and YTD 2026. Of course, full caveat: the Persian...
Gulf Shut‑ins Suggest Negative Prices, Futures Mislead
Here's something to think about and chew on: The mass production shut-ins across the Gulf (~13 MMbpd) imply effectively negative crude prices West of Hormuz—otherwise they could and would still be selling to someone. But futures markets are "implying" (as far as...
Europe Faces Imminent Jet Fuel Shortage, Economic Risk
Europe is running out of jet fuel Shortages loom in weeks if Hormuz stays constrained Diesel is the hemoglobin of the economy so Europe will be on economic life support soon https://t.co/52nJDPZ2vH #Energy #OilMarkets #Aviation #Geopolitics
Gas and Diesel Prices Rise Despite Trump's Oil Rhetoric
US gas price increase. Trump talks of US oil. So why are gas— and diesel — prices increasing like this?
OPEC+ Supply Chains Crippled, US Fuels Global Allies
So, the oil and gas infrastructure of major OPEC+ producers in the Gulf and Russia is being blocked, disrupted, and damaged... While China is forced to halt exports of petroleum products, and the US is supplying fuel to satellite countries like...
USDA Confirms 2025/26 Soybean Meal, Corn Export Deals
USDA confirms the following U.S. export sales for delivery in 2025/26: ▪️100,000 metric tons of soybean meal to Italy ▪️125,640 metric tons of corn to unknown destinations
Gasoline CPI Hits Record Rise; Supercore Climbs 0.18%
-Gasoline CPI up the most on record -Supercore CPI MoM +0.18%, now 3.14% YoY h/t @livesquack @macromicrome
Gas CPI Component Spikes 21.2%, Biggest Rise Since 1967
Biggest monthly rise in the gas index component of CPI since 1967 - up 21.2%. The fuel oil component is up 30% https://t.co/3U67sTDxMt https://t.co/HDIylsibXc
India Postpones Coal Plant Upkeep Amid LNG Shortage
India is delaying maintenance on its coal power plants because of a gas supply crunch 🇮🇳 ⚠️ India’s LNG imports have dropped because of the war in the Middle East And with hot summer weather coming fast, India needs more coal...
IMF Graphic Reveals Iran War’s Massive LNG Impact
😬Known info but still a stunning #IranWar #LNG graphic via the IMF's wider analysis of the war's impact. Link in next post. https://t.co/KokCb7gPBa
Higher Crude Delivery Costs Keep $4 Gasoline Persistent
"$4 gasoline looks like it’s here to stay" (for a while, at least) https://t.co/J5FTsSS3ko "The more refiners have to pay for crude deliveries, the more they have to charge for fuel, even if contracts for future oil shipments are cheap by...
Iran’s Pipeline Strike Turns Chokepoint Into Pricing Leverage
Iran didn’t just hit barrels—it hit the workaround. ~700K bpd knocked out of the Saudi bypass pipeline and ~600K bpd off production Both flow and supply are under pressure. That’s how chokepoints turn into pricing power. https://t.co/8MpkdDc8Q3 #Oil #Energy #Hormuz
European Gas and Power Prices Slide to One-Month Lows
European wholesale natural gas (TTF) and power prices (Germany) are heading toward a 1-month low. The German 1-year forward electricity contract is now at the same level it was back in November. Meanwhile, TTF gas is at the level it...
Forties Crude Hits Record $147, Supply Squeeze Persists
NORTH SEA FORTIES crude prices closed at a record $147 per barrel on April 9. Forties is one of the principal streams in the Brent complex and prices have doubled since before the war between the United States and Iran...