Hormuz Closure Boosts Russian Crude to Record Highs
We already know the winner in the war with Iran and that's Russia. The closure of the Straits of Hormuz has swung Russian crude from pariah to prized commodity. Urals oil price is the highest since right after the Ukraine invasion. Putin is loving this... https://t.co/0Q1tRBlJvs https://t.co/Vj8GsBWMI5
Commodity Exporters Rebound as Brent Spikes, EM Currencies Rally
Friday marked a turning point. Brent rose 9% (CO1), but - instead of a broad sell-off across EM - South Africa (ZAR), Brazil (BRL) and Chile (CLP) rallied. Markets are transitioning to rewarding commodity exporters like in 2022 after the...
Iran Keeps Shipping Oil to China Amid Conflict
PHOTO OF THE DAY: China is still getting (some of) its oil. Nine days into the war, Iran continues loading oil supertankers from Kharg Island. Tehran has sent some of them across the Strait of Hormuz into the high seas wihthout any...
US Oil Independence Shifts Gains to Industry, Hurts Drivers
“The US is roughly speaking oil independent… on net, we export petroleum products.” That’s why this is less an ‘America is poorer’ story than an ‘Americans reshuffle who wins’ story. Oil industry wins. Drivers lose. https://t.co/Efd22aQEeK
Government Subsidizes Industry Energy Costs, Shifts Burden to Households
Latest cunning plan from Government is to spend £1bn to give big industry lower Energy Bills. Of course, the catch is that it will be paid for by increasing domestic Bills. Genius.
Energy Prices Expected to Surge Beyond Last Week
Brace yourself - energy prices may well rise quite a bit higher than last week. https://t.co/PwzU61UTCt
BYD's Flash Charger Boosts EV Range 10%‑70% in 5 Minutes
BYD’s new flash ⚡️ charging station can charge an EV from 10% to 70% in 5 minutes 🚀 via @XH_Lee23 #EV #solar https://t.co/wTMqoUmnMo
Gulf Nations Cut Output to Avoid Irreversible Shutdown
On the oil production shut in: By curbing oil output early, Persian Gulf nations are trying to lengthen the time before they reach full storage. Their plan is to try to keep output low but running — avoiding full shutdowns. The former...
California Solar‑Battery System Doubles Nuclear Output Reliably
California’s solar and batteries can now produce almost twice the constant output, day and night, as its nuclear plant, at the same reliability as the nuclear plant https://www.youtube.com/shorts/pGwQu57-khk
South Korea Mulls First Oil Price Cap in 30 Years
South Korea is considering to introduce an oil price cap for the first time in 30 years 🇰🇷 🛢️ It is being considered carefully because of possible side effects including market distortions and fiscal burdens, according to Yonhap https://t.co/r66h5y13D6
IEA‑Trump Alliance Risks Oil Glut, Markets Unconvinced
Looks like the start of a beautiful “oil glut” partnership between the IEA and the Trump administration. Markets may have other ideas. #OilMarkets #EnergyPolicy #IEA #Geopolitics #EnergySecurity https://t.co/IPd77wk6Q7
Hormuz Crisis Proves Oil Supply Far From Abundant
Claims that the world is “well supplied with oil” during a Hormuz crisis are obviously false @SecScottBessent With 35% of maritime oil flows offline, your comments are at best out-of-touch with reality. At worst, they're lies #OilMarkets #Hormuz #EnergySecurity #IranWar #Geopolitics
SFO Leads Diesel Prices at $5.96/gal Nationwide Map
Map of average diesel prices by market (updated each morning). SFO has the highest at $5.96/gallon https://t.co/DgH7FMrsx0
Bluetti Unveils Elite 300, Tiniest 3 kWh Power Station
Bluetti launching Elite 300, world’s smallest 3 kWh portable power station #energysky -- via pv magazine global: https://t.co/2LslwEAOQq
Reservoirs Face 6‑12‑Month Failure Risk Before Upgrade
"There is a 6- to 12-month window of extreme vulnerability where the reservoirs could fail before the new infrastructure is online."
China Faces Energy Crisis as Gulf Oil Imports Halt
China imports crude oil based on the day, between 65 and 85% of its total, and about three-quarters of that comes specifically from the Persian Gulf. And that has now dropped to zero. Unlike countries like the United States, which...
Tehran Fuel Depot Hit, Iran’s Domestic Supply Crippled
Strike on a Teheran fuel depot is unconfirmed @shanaka86 If true, it's about domestic fuel, not oil exports The target choice matters. It squeezes Iran internally without blowing up global oil markets. #IranWar #oilmarkets #Hormuz #EnergySecurity #Geopolitics
U.S. NatGas 12‑Month Spread Tightens as Prices Surge
U.S. natural gas 12-month spread narrowed $0.15 (24%) on higher front-month price May contract rose $0.32 (11%) from $2.88 to $3.20 week ending March 6 Front-month price increased $0.33 (11%) from $2.86 to $3.19 #energy #NaturalGas #shale #fintwit #oilandgas #Commodities #ONGT #natgas #LNG
Hormuz Traffic Stalls; Iran Maintains Chokepoint Control
The Strait of Hormuz has seen virtually ZERO movement in the past 24 hours. IRAN CONTINUES TO CONTROL THE KEY CHOKEPOINT IN THE GULF.
Greece Launches 130 MW Agrivoltaics Application Process
Greece to open applications for 130 MW agrivoltaics plan #energysky -- via pv magazine global: https://t.co/xTTD1FvrD7
Iran War's Historic Oil Disruption Hinges on Conflict Length
The war in Iran has caused the biggest disruption in oil production in history. Whether it becomes the long-feared “nightmare scenario” for energy markets (and the global economy) now depends on the duration of the conflict. My @FT column: https://t.co/uKMsVXBCQY
Chinese PV Polysilicon Prices Fall as Capacity Idles
Chinese PV Industry Brief: Polysilicon prices slide amid low operating rates #energysky -- via pv magazine global: https://t.co/JsM63FU7l1
Crude Oil ETF's 33% Surge: A 6‑Sigma Rarity
The Crude Oil ETF spiked 33% over the last week, the biggest weekly gain in its history. This was a 6-sigma event, which (assuming a normal distribution) is only supposed to occur once every 4,039,906 years. So we shouldn't see another spike...
Alberta’s Oil Outpaces Norway’s Fleeting Resource Boom
Cosh, on the Globe Ed Board Norwailing is excellent. I would add to his AB context that Norway too was expecting a very short-lived resource and their production has, indeed, declined from peak. AB is still hitting record production month...
California's High Fuel Prices Soften Price Shock Impact
One advantage for California already having high gasoline and diesel prices is that the price shocks are less shocking.
Only Staples and Energy Up: Survival Trade, Not Growth Scare
Only two sectors green on March 6th: Consumer Staples (+0.4%) and Energy (+0.2%). Tech -2.1%. Discretionary -1.8%. Financials -1.3%. When people buy Cheerios and oil but sell everything else, you're not in a growth scare. You're in a survival trade. https://t.co/8RrBLVWIBN
Iran Conflict Fuels Endless Oil‑price, Russia‑Ukraine Funding Loop
So the longer the Iran conflict lasts... 1. The longer oil prices are higher 2. The longer the Trump admin allows Russian oil to be sold without sanctions 3. The more financial firepower Russia has to support Iran to prolong the conflict ...rinse and...
Renewables Boost Ukraine’s Grid Resilience Against Attacks
Three real-world examples, all occurring at the same time, of how fossil-fuels create energy security risks and distributed WindWaterSolar reduces them 1) Ukraine builds new power grid w/solar, wind, batteries that better withstands Russian attacks https://t.co/NX5wIKD79L
World's Largest Grid-Forming Hybrid Storage Plant Debuts in China
Vanadium flow and lithium-ion combine in world’s largest grid-forming hybrid storage plant in China #energysky -- via pv magazine global: https://t.co/ClvByN9Wis
US Should Apply Venezuelan Seizure Tactics to Iranian Tankers
Okay, why is this a surprise? The Iranians have been loading at Kharg the entire time. It seems like the US could use that experience of seizing 10 Venezuelan tankers and start leveraging that capability against the 38 Iranian VLCCs.
Energy Outperformance Makes S&P 500 Returns Volatile
$XLE vs. $SPY - Forward returns for the S&P 500 pretty bumpy when energy is outperforming this much.... https://t.co/Cp4GQFvRq3
Bessent Likely to Lift Sanctions on Russian Oil
To avoid further panic in the oil markets, I anticipate that US Treasury Secretary Scott Bessent will be forced to "unsanction" more Russian oil trapped in the sanctioned shadow fleet next week. SANCTIONS CREATE NOTHING BUT TROUBLE. IT'S TIME FOR BESSENT...
World‑record 15.45% Efficiency for Kesterite Solar Cell
Chinese Academy of Sciences achieves world record efficiency of 15.45% for kesterite solar cell #energysky -- via pv magazine global: https://t.co/Ek1Po8Djpf
China Shows Unexpected Insulation From Oil, Gas Price Shocks
Sensitivity to OIL price spikes JPMAM Sensitivity to GAS price spikes China is more insulated on both charts than you might have suspected https://t.co/OJm0FMOcmF
NY Wastewater Plant Swaps Diesel for Battery Backup
Batteries replace diesel backup at wastewater plant in New York #energysky -- via pv magazine global: https://t.co/7eF7S60bM9 https://t.co/SRDbgLppIC
Oil Hits $90, Yet Dollar Weakens—New Trend
Something really unusual happened yesterday. While oil was pushing above $90 per barrel, the Dollar fell. That's very significant because we'd normally expect to see the oil spike drive the Dollar higher. We've transitioned back into a weak Dollar world... https://t.co/2nXDj5db75...
Renewables Ensure Stable Costs Amid Middle East Turmoil
Geopolitical turmoil in the Middle East once again shows that reliance on volatile oil and gas exposes economies to price shocks. Renewables, electrification and storage offer more stable long term energy costs and stronger energy security. https://t.co/7ejmElNKxi
Reopening Hormuz Strait Essential to Curb Oil Price Surge
STRAIT OF HORMUZ re-opening is central to any effort to prevent another spike in oil prices: https://t.co/hWRuSylzaC
Iran Signals Possible De‑Escalation, Strait Oil Flow Uncertain
Neighbouring countries will no longer be targeted, unless attacks originate from there, Iranian President Masoud Pezeshkian says. What does this mean? — This could be the first sign of de-escalation in the one-week-old war. — Time will tell if Pezeshkian was actually speaking...
Oil Spike Not Worse Than 2022, SPX Panic Overblown
Not this shit again. 1st of all, this oil spike isn't more acute than 2022. In 2022 crude oil reached $129. Currently it's at $91 only. Secondly ,every time SPX is down 1%+ on Friday the usual suspects come up...
Croft’s Quest to Make Battery Charging Exciting
Crofty after four races trying to make charging and recharging a battery exciting #Formula1 https://t.co/kjfJX4jJZJ
Iran Conflict Spikes Oil, Pushes S&P Toward December Lows
🚨 WEEK 2 OF THE IRAN WAR — MARKET OUTLOOK Trump posted "UNCONDITIONAL SURRENDER" on Truth Social. No ceasefire. No off-ramp. The Strait of Hormuz is shut. Oil just had its biggest weekly gain in futures trading HISTORY (+35%). And the...
Aggressive EV Adopters Cushion Oil Price Shocks; US Lags
Countries that have adopted electric vehicles the most aggressively will suffer the least from oil price spikes. The US, of course, is not one of those. [Corrected graph.] https://t.co/jl1blEELO0
Oil Prices Set to Surge Without Conflict Ceasefire
Am re-upping this. 🚀 Brent settled >$92 on Friday. 🚀 Middle East marker crudes are at $100 levels. 🚀 Middle distillates are deep into triple-digit territory. Without an immediate, credible halt to hostilities, oil has only one direction to go. Guess...
Chinese Team Achieves 19.1% Ultra‑stable Polymer Solar Cell
Chinese scientists build ‘ultra-stable’ polymer solar cell with 19.1% efficiency #energysky -- via pv magazine global: https://t.co/ldPwyTjl1G
US Waives Penalty Tariffs, India Keeps Strategic Ambiguity
#IndiaWatch🇮🇳: The US reverses course. First, the US placed 25% “penalty tariffs” on India for buying Russian crude. Now, the US has granted a 30-day waiver that will allow India to buy Russian oil. MODI’S STRATEGIC AMBIGUITY REIGNS SUPREME. https://t.co/zWsRpg2QtK
China's EV Exports Boost Global Shift From Oil
China exported EVs to many countries around the world last year including Indonesia and Mexico. Many countries have plans to reduce their dependence on imported oil. This effort will be accelerated. https://t.co/7qYWV5pWKi
All Major Energy Prices up Year‑over‑year
What’s interesting about this is that electricity, gas, oil, jet fuel and gasoline prices are all higher today than a year ago.
China on Track for 100% Renewable Energy by 2051
As a result of China's rapid installation of WindWaterSolar, China can reach 100% WWS across all energy sectors by 2051 if it continues installing at this rate and electrifies all energy. The U.S. and India - only 100 years later https://t.co/Uzltn86O33
Model Shows Land‑Efficient Path for U.S. Solar Growth
New model reveals pathway for land-efficient U.S. solar expansion #energysky -- via pv magazine global: https://t.co/jILgjwj23C