Beyond Price Control: New Roles for a Full US SPR
People recoil at the idea of using the SPR just to damp prices. But now that the US has plenty of domestic oil, what other purposes would it serve? What other conditions would be an appropriate time to use it?
Oil Spikes Above $119 as Supply Cuts, War Fears Loom
LONDON, March 9 (Reuters) - Oil prices surged to more than $119 a barrel on Monday, hitting levels not seen since mid-2022, as some major producers cut supplies and fears of prolonged shipping disruption gripped the market due to the...
Aramco Cuts Output as Hormuz Disruption Escalates
March 9 (Reuters) - Saudi oil giant Aramco https://t.co/YZZv8YNZz9 has begun cutting output at two of its oilfields, two sources said on Monday, after the vital Strait of Hormuz was choked by the U.S.-Israeli war on Iran and subsequent attacks...
Seizing Iran’s Kharg Port Could Halve Oil Output
LONDON, March 9 - Iran's oil exports would stall and output halve if the U.S. and Israel were to seize its port on Kharg Island, triggering further attacks from Tehran on regional oil infrastructure, JP Morgan said in a note.
G7's 400‑Million‑Barrel Release May Mask Iran Conflict Risks
G7 countries looking at releasing oil reserves. Maybe 400 million barrels. How much impact will this have? What if the Iran war continues, and reserves are drawn down?
Arizona Solar Policy Depends on SRP Election Outcomes
Arizona solar policy hinges on this year’s Salt River Project elections #energysky -- via pv magazine usa: https://t.co/GMgOIrOqx3
EU Secures Russian Arctic LNG Ahead of Gas Ban
EU Buys 100% of Russian Arctic LNG Just 9 Months Before Planned Gas Ban. And the Iran war impact? https://t.co/235AGjQMDs
European Sodium‑Ion Battery Makers Mapped in One View
All European sodium-ion battery manufacturers at a glance #energysky -- via pv magazine global: https://t.co/quCQgjhzgj
Greek Tanker Leaves Hormuz Silent, Crew Safety Uncertain
Greek Oil Tanker Exits Strait of Hormuz With Its Signal Off. And the risk to the crew? https://t.co/Rg11lDidLH
Iran Conflict May Cement China’s Energy Dominance
How the Iran War Could Consolidate China’s Energy Dominance - Amid global oil and gas disruptions, China stands prepared for the electrostate era. https://t.co/XjVHuN91u9
U.S. Pays More for Oil Despite Domestic Production
U.S. consumers are hit harder by rising oil prices than Europeans because we use more oil. The fact we produce it here doesn't help consumers, unless we tax the oil industry https://t.co/DZQmvyBSMk
Oil Prices Surge Above $119 Amid Iran Conflict
Oil Prices Hit Highest Since 2022 at More Than $119 a Barrel on Iran War. Price keeps rising. Logistics and supply chain risk keeps rising. https://t.co/OKkcOWm7OV
Rising Oil Prices Set to Push US CPI Above 3%
Lower energy prices were keeping US inflation rates from rising. But that tailwind will turn into a headwind in March with prices spiking on a YoY basis. We could easily see CPI rise above 3% if Crude Oil stays above...
Energy Crunch at Hormuz Threatens Global Supply Chains
Chinese WSJ: Severe energy crisis with limited shipping thru the Strait of Hormuz. What kind of crisis will it bring to global logistics and supply chains? Fuel for transporting goods for manufacturing and retail. Businesses and consumers.
Iran War Doubles Oil Moves, Halves Dollar Impact
Compared to the 2022 Russia-Ukraine invasion, this Iran war has produced 2x the move in oil, but only 1/2 the move in DXY. This is exactly what I'm talking about playing out - the dollar is structurally challenged. https://t.co/H1VIqKNbr7
Hedge Funds Cash In on Oil Spike, Keep Bullish Bet
Hedge funds realise some profits as oil prices climb Hedge funds and other money managers sold Brent futures and options last week to realise some of their profits on former bullish positions as prices surged after the United States and Israel...
Record Battery Rebates Drive Household Adoption Surge
Battery rebate smashes new record as households pile in – and size up – ahead of changes #energysky -- via Renew Economy: https://t.co/OInkQExpnO https://t.co/MyoXqu61D6
Oil Supply Deletion Drives Prices, Volatility, and Market Stress
$WTI above $100. $VIX above 33. Nikkei down 5.4%. The Strait of Hormuz is effectively closed. Zero tankers transiting. This isn't a supply disruption. It's a supply deletion. And the SPR is at 40-year lows. https://t.co/WaTisWuS4y
Iran's 70% Output Cut Predicts Oil Price Decline
Iran's oil production is down 70%, according to reports. When the fifth largest oil producing country in the world (at 5 million barrels a day) drops like this, we now know what the underlying asset price will do. https://t.co/jRLuiAK0xM
U.S. Gas Prices Hit Highest Since Summer 2024
The national average price of a gallon of regular unleaded gasoline has climbed to its highest level since the summer of 2024 @WSJmarkets https://t.co/6mDhre9ozD https://t.co/UVDG3Mq2Rd
Closed Hormuz Strait Shifts Oil Risk to Reopening
The Strait of Hormuz is closed. It's not going to get more closed than it already is. All the risk is now on the other side, i.e. when and to what extent it opens. You can bet Trump is very...
How Energy Crises Begin: Lessons From Iran
My debut in @TheFP - This Is How an Energy Crisis Starts - by Ellen R. Wald https://t.co/8Isvg3TkzQ @ACGlobalEnergy #oil #iran #oott
China Leads Global Nuclear Build, 37 Reactors Underway
Ranked: Countries Building the Most Nuclear Reactors China is also leading in fusion research and has the world's first production thorium reactor Key Takeaways -China accounts for 37 of the world’s reactors under construction—more than all other listed countries combined. -India and Russia rank...
Hormuz Closure Threatens India's Energy Supply
A 33 km waterway which is 3000 km away from you can decide how much you must pay for petrol, cylinder etc. A 33 km waterway between Iran–Oman called the Strait of Hormuz. 20% of global crude oil passes through this route,...
Bapco Refinery Halts Operations After Iranian Strike
🚨 UPDATE Bapco, Bahrain’s largest oil refinery, suspends operations due to an Iranian strike. https://t.co/QfcbADAAsR
Cobalt‑Free LFP Replaces NMC in Energy Storage
The whole world is moving away from NMC chemistries towards LFP that doesn’t use Cobalt. Long Duration Energy Storage also doesn’t use Cobalt.
Pre‑emptive Oil Purchases Could Offset Iran Bombing Price Spike
I don't think you have to Nostradamus to figure that bombing Iran might raise oil prices. And it seems pretty obvious that buying oil in advance of causing an oil price spike might just save Americans a lot of...
Oil Shock Risk‑off Still Incomplete, Metrics Lag
"Historical risk-off moves after an oil shock have generally required at least one of: Large and sustained oil price spike...Hawkish policy response...Broader macro damage:" Deutsche Bank. We're "closer than a week ago, but on several metrics we aren’t quite there...
Discussing How to Bring Oil Below $100
I’ll be coming up on @BloombergTV in a few to discuss zooming #oil prices with @lisaabramowicz1 & @FerroTV Can anything be done to bring oil under $100 in the foreseeable future? @ACGlobalEnergy #oott #Iran https://t.co/hJJBdEoPvU
Oil Surpasses $100 Amid Middle East Conflict, Markets Unsettled
Capital Markets Remain Unsettled with Oil Above $100: The Middle East war continues to dominate the investment environment. The dollar is firm. Equities are lower. Yields are higher. The disruption of trade through the Strait of Hormuz is forcing oil…...
U.S. Becomes Net Energy Exporter, Yet Oil‑Price Sensitive
One of my higher conviction views: the US is now a net energy exporter (LNG more than oil) but it is best understood as an oil importer that is uniquely sensitive to oil price swings. 1/
Brent Surge Drives Spike in VIX Correlation
BIG OIL MOVES = FUEL FOR HIGHER CORRELATIONS Front-month Brent up ~55% over the past month. VIX contingent on Brent front-month futures +/- 50% in 1M: Median: 33.9 Average: 44.4 Max: 76.5 Min: 27.6 Current: 32.2
Shadow Fleet Faces Shutdown Within Months, Europe Leads
The Belgian government has seized a tanker of the shadow fleet. With the United States, India, and now the Europeans intervening, it is only a matter of time – months at most – before the entire fleet is shut down. Full...
German Gas Prices Surge to €60/MWh, Sixfold US Cost
Good Morning from Germany, where spot gas prices have surged to above €60 per megawatt hour. That makes natural gas roughly 6 times more expensive here than in the US. https://t.co/4kxjaKHMGh
Saudi Cuts Oil Output; Shipping Bottleneck, Not Supply
*SAUDI ARABIA STARTS OIL OUTPUT CUTS AS STORAGE FILLS UP We do not have a lack of supply of oil. We have a lack of supply of shipping
China Approves $4 Gas Price Hike Nationwide
China gives the all-clear for retail gas and diesel prices to rise in its regular price review. State media said it's likely to mean an additional ~RMB25 / US$4 to fill a tank https://t.co/x9kKlWXOn3
Record SPR Withdrawal Promises Massive Profits for Americans
"My SPR withdrawal is bigger than Biden's withdrawal. In fact, my SPR withdrawal is the biggest in history. We will make alot of money for the American people"😉
California Gas Prices Spike, Prompting Trump EO Talk
Californians: what prices are you seeing at the pump? Could be the right moment for @realDonaldTrump to issue $SOC EO. Getting oil through Hormuz past the Iranians easier than getting it to California past @CAgovernor et al.
1990
log real oil in 2026 dollars. persian gulf, early 1990s at ~$73, in 2026 dollars. underlying is PGCRARLT INDX DES https://t.co/ZaA76mNpOi
Fossil Fuel Prices Surge While Renewables Remain Unfazed
Another Monday morning, more energy market turbulence. After fossil fuel prices stabilised somewhat towards end of last week they are reaching new highs. Renewable electricity does not as the sun & the wind don’t care much for what happens in...
Qatar Delays LNG Expansion to 2027 After Drone Attack
Qatar is pushing back the start of its new LNG expansion project to 2027 🇶🇦⚠️ The move comes after the Ras Laffan facility was hit with an Iranian drone attack This threatens to further curb global gas supply and push back an...
Fortescue Ramps up Electrification, Spending $1 B Yearly
Fortescue has officially hit the accelerator on its plan to purge diesel from its operations, reaching a massive one billion dollar annual spending rate on electrification. https://t.co/NNU6MWp1YM
Iran War and Oil Surge Amplify US Labor Market Risks
FYI, my latest article in the Financial Times discusses how the war in Iran and skyrocketing oil prices can compound the spillovers from an uncertain US labor market and financial strains in three market sectors. https://www.ft.com/content/418455bc-e177-46a4-8e25-44c837f49038 #economy #markets #oil #middleeastwar @financialtimes
Oil Volatility over 100 Exceeds Human Risk Capacity
OIL: volatility ramping > 100 is not risk that humans are built to calculate using Moving Monkeys https://t.co/92Lhy22q5j
IEA Stockpiles Insufficient Due to Low Release Rates
About any IEA oil stocks release: ✔️ Volume may not be an issue. At 1.2 billion barrels government stockpiles and 0.6 bil barrels commercial stockpiles, the volume is enough *in theory* to offset the loss of 20 mil b/d for 90...
Oil Prices Hit $100, Crisis Likely Deepens
"This may be a war but it's also perhaps the biggest energy supply/logistics crisis we've ever seen in modern history:" Mizuho's Jordan Rochester. "Oil is now on a $100pb handle and it might be there to stay," with greater likelihood...
IEA Emergency Oil Releases Have Surged, 2022 Tops History
History of IEA collective oil emergecy stockpiles releases (and size; note the size was volume offered): 1991: First Gulf War (~75 million) 2005: Hurricanes Katrina and Rita (~60 million) 2011: Libya civil war (~60 million) 2022: Russia-Ukraine (~180 million in two tranches)
Gulf Bottlenecks Trap OPEC+ Capacity, Limiting Supply Boost
“Most OPEC+ spare capacity (about 4 mb/d) is trapped behind Gulf export bottlenecks, rendering near‑term policy interventions ineffective. Even Saudi Arabia’s pre‑conflict ramp‑up toward 10.9 mb/d does little to ease global supply unless export routes re‑open.” - SocGen
Brent Holds $106‑108 as IEA Stock Decision Looms
Crude in a holding pattern -- likely short-lived -- with Brent at $106-108/bbl, awaiting IEA stock release decision.
Energy Prices Fuel Inflation; Efficiency and Renewables Needed
Rising energy prices are pushing up inflation, especially in economies dependent on imported fossil fuels. The durable solution is structural: improve efficiency, accelerate electrification and scale up renewables. Energy policy is economic policy. https://t.co/hmcAVJFLOT