China Lithium Prices Surge, Inventories Decline, 3× June Lows
While most eyes are focused on hydrocarbons in the Middle East, keep an eye on #Lithium in China as well... Some data providers flagged a weekly reduction in inventories, and prices have bounced over the past few days. We seem to be establishing a reasonable trading range at these levels which is nearly 3x the June lows...
Thailand May Hike Power Rates 18% Amid Middle East Conflict
Thailand is hiking power prices due to the conflict in the Middle East 🇹🇭 ⚠️ Power rates may be increased by as much as 18% for the May-Aug. billing period due to higher fuel costs Other gas importers are...
SLN Secures Funding, Yet New Caledonia Nickel Remains Risky
SLN stabilised with fresh funding, but New Caledonia nickel supply still faces deep structural risks. https://www.metalnomist.com/2026/03/new-caledonia-nickel-supply-gains-time.html
US-Israeli Conflict Boosts Iran's Oil Sales and Prices
My take on @AJEnglish on how the US-Israeli war has backfired and is benefiting Iran: “Iran is getting more oil out, they’re selling it at higher prices, and at lower discounts than prior to the US-Israeli attacks.” https://t.co/ySeIcR0lFS
Weak Refining Economics Heighten Strategic Pressure on US Smelters
US copper smelters face rising strategic pressure as weak refining economics reshape the copper supply chain. https://www.metalnomist.com/2026/03/us-copper-smelters-face-strategic.html
Asia Cuts LNG Imports to Free Gas for Europe
This is why there is so much focus on gas demand destruction 👇 Importers (particularly those in emerging Asia) will need to take less LNG to free-up more for Europe and other richer nations the longer Hormuz/Qatar is shut
OPEC+ March Crude Supply Hits 2020 Low
OPEC+ crude supply in March will be the lowest since the major production cuts during COVID lockdown in 2020.
Oil Demand Peaks by 2030, Gas Demand Rises Onward
Yes. This has been my model for a decade. Oil is approaching peak demand. Perhaps 2030. Natural gas demand will continue to grow well beyond oil.
Trump‑Iran Talks Spark Hormuz Oil Fears, Lift Prices
Trump Iran talks revived Strait of Hormuz oil flow fears and pushed global energy prices higher. https://www.metalnomist.com/2026/03/trump-iran-talks-put-strait-of-hormuz.html
Australia Faces Fuel Shortage as Hormuz Disruption Persists
Australia is RUNNING OUT OF FUEL. As the Strait of Hormuz remains disrupted, hundreds of gas stations across the country are running dry. THE GAS STATIONS SHOULD SEND A BILL FOR DAMAGES TO TRUMP AND NETANYAHU. https://t.co/9LMx4BprMq
China Gas Prices Surge 20% Since Iran War
Gas prices in China jumped 20% since the war in Iran began. This is big. It affects 300 million drivers. CHAIRMAN XI SHOULD SEND A BILL FOR DAMAGES TO TRUMP & NETANYAHU. https://t.co/5AEwfc2iWb
Hormuz Crisis Opens Historic Window for Canadian Oil
🇨🇦The ongoing Hormuz crisis presents a historic opportunity for Canada’s oil and LNG industries. 🇨🇦This is the moment. If we miss it, there may not be another. 👇👇👇 Daily Energy Report Link: https://t.co/9c26JYBjru
SPR Release Trivial, Hormuz Shock Permanently Alters Oil Market
SPR releases are a rounding error against a 10–17 mb/d disruption, says @ericnuttall Paper oil is still pretending everything’s fine. Even if this ends tomorrow, you’re left with a $10+ security premium Damaged infrastructure takes years, not weeks to recover This is a...
Relief Fails in Panic: Trump, IEA Miss Oil Reality
What Trump and the IEA Missed About the Oil Market: Relief Does Not Work When Markets Are in Panic Mode Daily Energy Report https://t.co/9c26JYBjru
Kazakhstan's Export Surge Signals Shifts for OPEC+
Kazakhstan's oil exports recovered: What are the implications for OPEC+ and the oil market? (SEE CHART) DAILY ENERGY REPORT https://t.co/3Iw9dtfnRU
White House Wins Jawboning, yet Oil Prices Defy Expectations
The White House is (truly) winning the oil jawboning battle against Tehran — still to be seen if Trump would win the physical oil market war. But to see Brent trading at sub-$100 a barrel (and WTI below $90) after...
Europe Braces for Iran War Fuel Shortages
Europe will soon face the same kind of fuel supply disruptions as Asia due to the war in Iran, says Shell’s CEO 🇪🇺 ⚠️ “If you look through the slate, jet fuel is already being impacted. Diesel will be next...
Uncertain Govt Action; Physical Oil Markets Soon Prevail
I’m asked frequently about whether governments are intervening in futures markets already, and I have no idea nor have I seen any evidence. But, if they are and if Hormuz remains shut, it’ll only work for a bit longer before physical...
Everyone Navigates Iran War Oil Market Differently
No judgment. We’re all dealing with the Iran War oil market in our own way.
Aluminum Prices Surge 12‑40% Amid US‑Israel Conflict
As a result of the US-Israeli war in Iran, ALUMINUM prices are UP 12-40% THROUGHOUT THE WORLD. The world’s biggest carmakers are reportedly “panic buying.” CARMAKERS SHOULD SEND A BILL FOR DAMAGES TO TRUMP & NETANYAHU. https://t.co/yRInvBpEdm
Gold ETF Hits $411 Amid Ceasefire News
$GLD trading at 411 AH on the 30day ceasefire news-- should be interesting day tomorrow if it holds to be true https://t.co/0vrW5jToHm
Oil Surplus Dwarfed by Massive Asian Capital Excess
Three big picture observations about the oil surplus (petrodollars/ petroeuros/ petroequities are all downstream of this) pre Hormuz A) The oil surplus is modest relative to the surplus in Asia. Chinese state banks and offshore deposits of Chinese exporters are...
High Oil Prices and Weak Loonie Boost Canadian Producers
Soaring oil prices, tight WCS differentials, and a lagging Loonie is a fantastic combination for Canadian oil producers.
Gold's 10-Day Decline Hits Record, Yet GLD Rises
Physical gold down 10 straight days... a record... but $GLD was up today by 0.03% @stockcharts https://t.co/VFPXaVWobA
Hormuz Crisis Sparks Global Oil Shockwave Across Time
I've been describing the Hormuz crisis as a detonation in spacetime. It hit spot crude markets in the Middle East and refined products markets in Asia first. Then the shockwave travels further through time down the delivery curve, and out geographically toward...
Oil Shortage Anywhere Hits All Nations Equally
The trouble with looking at the current Hormuz crisis through the lens of which countries have historically imported the volumes is that all of these countries will now be rabidly bidding for all the other barrels. A barrel of oil lost...
World Still Faces 6M‑Barrel Daily Oil Shortfall
Even after assuming the release of global oil stockpiles (which can not be sustained), the world is still short over 6 million barrels of oil per day, @Rory_Johnston finds https://t.co/pZBkSir3aa
BTU Must Stay Above $39 Amid Strong Coal Rally
$BTU Daily. $39 looks like the level to hold above for Peabody, as coal plays are strong across the board today with sound technical charts to boot. https://t.co/n2Llt8kZcs
Rising $5 Diesel Squeezes Truckers, Hits Economy
"$5 Diesel is Crushing Truckers. It Will Soon Be Felt Across the Economy." https://t.co/u6Z4qcVLci https://t.co/m3UrTU1L2r
Kuwait's Shutdown Could Cost over 100M barrelsKuwait's Shutdown Could Cost over 100M Barrels
Helpful timeline info from @Amena__Bakr on restart timelines for shut-in production. At lest count Kuwait had already shut in 1.6 MMbpd of production (likely higher by now), roughly 30 million barrels unproduced by end-March. Let's be generous and use 3 months from...
US Yield Rise Threatens Debt Spiral Amid Oil Tensions
Update: 10y UST yields (blue, RS1) USDJPY*oil (red, LS) USDCNY*oil (green, RS2) Hormuz is still closed; China still has several years of oil inventories; 10y UST yields are ~20-30 bps from triggering a US & global debt spiral. What happens first? Let's watch. https://t.co/ixdOHnatCg
Iran's Transit Fee Hikes Oil, LNG, and Shipping Prices
Factoring in Iran’s “transit” fee. And what it does to the price of oil, LNG, and anything else moving thru the Strait.
QatarEnergy Invokes Force Majeure on Key LNG Contracts
JUST IN: 🇶🇦 QatarEnergy declares force majeure on LNG contracts with China, Italy, South Korea, and Belgium.
Global Scramble for Nitrogen Fertilizer Amid Severe Shortage
There's a scramble to look for more fertilizer production & stockpiles. When it comes to Nitrogen fertilizer, "it simply does not exist." - @JLinvilleFert Apple 🔊https://t.co/cMO23J6a4g Spotify📽️ https://t.co/CX48AK9HEc YouTube📽️ https://t.co/qx5Od1DJd1 https://t.co/cSMed2AreF
Brazil's Soy Exports Slow Weekly, Yet Hit
🇧🇷Through the third week of March, Brazil's average daily soybean export rate was 18% lower than the average daily rate during the full March last year. Brazil shipped 14.7 mmt of soybeans in March 2025, a record for the month. Feb...
WTI Volatility Peaks, Hinting at Trend Reversal
Short video update on $WTI #Oil Market Chaos Deepens as Volatility Signals Possible Trend Reversal https://t.co/GWWJ9vTTrK https://t.co/RpKMSg65g7
WTI Prices Shift to Systemic Risk Regime
WTI price and oil volatility From inverse correlation to systemic risk regime April 2025 - April 2026 #WTI #OilVolatility #OilMarkets #CrudeOil #Tariffs #Trump #Iran #Geopolitics #Macro #EnergyMarkets https://t.co/LIBfuivKbw
Gold Is a Buying Opportunity, Says Gundlach
Gold: time to step in. Gundlach shares the same view. Two ideas I like here: https://t.co/YjKShRTMiy https://t.co/IXZHUSswpm
Trump's Iran Conflict Pushes Oil Prices Higher Longer
Trump’s war in Iran is putting extreme pressure on global oil supplies, driving up crude prices that now may stay higher for longer. My @morningjoe Chart
Rising Energy Prices Supercharge Cash Flow and Returns
$8T+ Oil & Gas market. Goldman sees $115 crude. When prices rise, cash flow explodes across the energy stack. Here’s who wins 👇 Oil demand >104M bpd. Gas >4.2T m³. Supply stays tight while LNG demand grows. Goldman’s near-term price targets show...
War‑Driven Gas Prices Up $1 per Gallon Nationwide
Rising gas prices caused by the war are already hurting Americans’ bottom line — in both expensive and affordable states. On average, Americans are paying almost $1 more per gallon than they were last month. My @morningjoe e Chart
Unpacking Coffee's Supply Chain Costs and Dynamics
Check out this edition of the Art of Supply newsletter for a deep dive into the supply and cost dynamics of the coffee supply chain. ☕ https://t.co/JyZWYKIpxp
Sulphur Prices Surge 40% Amid Existing Deficit
Sulphur prices now up 40% since before the Iran War Unlike oil, the sulphur market was already in severe deficit https://t.co/gMiE3tcho5
Record Gas Prices Under Biden: How High Did They Reach?
Asking for a friend ... how high did gas prices climb under Joe Biden? https://t.co/sCX5DwSKWz
Middle East Turmoil Threatens Billions, Not Profits
People think high oil prices will be good for oil companies. Exxon expected to lose $5billion/yr based on Middle East damage so far. Shell's Pearl GTL will be shut for a year. Exxon gets 20% of its oil & gas...
Silver Stabilizes Above $70 per Ounce
Silver prices find new floor around $70 an ounce #energysky -- via pv magazine usa: https://t.co/uxezjzwLQq
Gold Bullion Returns to 200-Day MA After 2.5 Years
gold bullion just pulled back to the 200-day moving average, which is the first pullback to the 200-day in 2.5 years... https://t.co/dwiNknUEwy
Hormuz Closure Threatens 15 Million‑
Is the Strait of Hormuz still closed and will the global oil industry drain down ~15 million barrels of petroleum stocks outside the Middle East today alone because of it? https://t.co/YQqTHgKaN9
Oil Prices Stay High Amid Ongoing Iran Conflict
I talked to @kairyssdal on @Marketplace yesterday about the latest developments in oil and what to make of the latest switcheroo in the conflict with Iran. I don't think this conflict is over by a long shot, so I doubt...
Early 2026 Market Volatility Signals Potential Crude Oil Dump
A Tactical Traders Delight May Be Just Getting Started - 2026 - Gold, silver, copper, the S&P 500, Bitcoin and US natural gas have turned 1Q gains into declines. How sustainable are the pumps-then-dumps? Crude oil may be next. That...