Economist's Forecast Proven: Hormuz Strait Still Closed
The Economist cover is right this time [if Hormuz remains closed, which is still is] https://t.co/s9dyaHjaCU
Iran Blockade Prediction Matches Current Brent Surge; Little Upside Left
In this post from back in March, I calculated that an Iran blockade would cause Brent to rise 80% from pre-war levels. That's exactly where we are now based on the July Brent future. The case for oil prices to...
Belgium to Nationalize All Nuclear Reactors, Stop Decommissioning
Belgium plans to nationalize all the country's nuclear power reactors, and says that plans to decommission the plants are now "halted with immediate effect."
China Boosts May Fuel Exports, Still Below Last‑year Average
China is allowing more exports of jet fuel, diesel and gasoline in May. Were reporting about 500,000 tons. A big improvement but well off the monthly average last year
Rising Gas Prices May Be Price for Nuclear Deterrence
You can argue that high gas prices are a price worth paying, vis-a-vis the possibility of a nuclear Iran. Reasonable people can disagree on that. You can't argue that gas prices aren't at their highest rate in 4 years, and climbing....
July Oil Futures Hit $108, Pricing Gulf Shortfall
The June Brent future (black) expires today, so a better gauge for oil prices is the July future (pink) that is $108 and up 80% since the start of the year. By any stretch of the imagination, this fully prices...
Brent Crude Poised for Peak After Slingshot Reversal
Slingshot reversal in Brent Crude and The Economist telling us oil is too low. Could be the top in crude. https://t.co/uw1b5IxUUm
US Gas Prices Surge to $4.30, Adding $70 Monthly
Oof. The US national gas average just hit $4.30, according to AAA. That's the highest since July 2022. Gas prices have shot up $1.40 since the war in Iran began. That's adding ~$70 extra a month to household costs. #gas #inflation...
US Becomes Top Crude Exporter, Overtaking Saudi Arabia
Clearly an anomaly that will end when the Strait of Hormuz re-opens. Still, noteworthy: tanker tracker @Petro_Logistics reckons the US was the world's largest crude oil exporter (note: crude) in April, overtaking leader Saudi Arabia (and ahead of Russia, the...
Mission 300 Partners Scale Finance to Electr
Mission 300, the initiative to electrify 300 million people by 2030 is underway. @WorldBankGroup @AfDB_Group @SEforALLorg @RockefellerFdn & @EnergyAlliance are partnering with governments & key stakeholders to scale finance and close #energyaccess gaps. https://t.co/pRD9VwwERF https://t.co/kPN48yxtdl
Economist Predicts Oil Still Undervalued, Prices Set to Rise
Oh dear, the curse of The Economist's oil cover: "... Why oil prices are not yet high enough..." You know what that means, don't you? https://t.co/fWwZunxd0P
Brent Futures Hold Tight Within $13 Range, No News
The (expiring) front-month Brent oil contract has traded today within a ~$13 range in absolutely no-news.
Energy Drives 2026 Commodity Rally, Metals Lag Behind
Energy Shifts Commodity Sectors - 2026 Performance Energy is pulling other commodity sectors higher in 2026 -- the key question is how far and for how long. Sector performance has reversed from 2025, with energy leading and precious metals lagging. Full report...
Oil Prices Swing $15 in 48 Hours, Threatening Economy
Crazy price volatility in the oil market: In less than 48 hours, Brent crude has swung from a local low of $111 to a high of $126 and is currently trading at around $116 (Bloomberg chart below). This level of instability is...
Market Bets on 2026‑27 Lithium Prices, Ignores LT Re‑rating
From a private discussion yesterday in the eucalyptus tree Market seems to believe in 2026/27 lithium prices but not re-rating “LT pricing” yet Plus the usual Aussie premium for assets in the homeland https://t.co/7gAh4ZnV41
Oil Prices Set to Rise Amid Strait Uncertainty
My comments to CNN as Brent climbed to $125 Thursday afternoon in Asia: Oil prices have “nowhere to go but up,” until the permanent reopening of the strait comes into view, said Vandana Hari, founder of energy market analysis firm Vanda...
Gas Turbine Firms Admit Europe Will Resist Fossil‑Fuel Data Centers
What a STUNNING quote, from a company selling fossil gas turbines at a data centre conference in Europe: “I just think the American market is ahead of us [and] the same thing is going to happen here....it just will take a...
Iran Tensions Push Oil Above $110, Market Volatility Spikes
🇮🇷 Iran Intel Brief | Pre-London ─────── U.S. oil prices surged above $110 per barrel amid potential military action against Iran. Iran maintains hardline stance on Strait of Hormuz control, increasing risk of extended blockade and oil supply disruptions. US Navy intercepted the 42nd...
China Eases Fuel Export Ban for Select Asian Buyers
Important development: China has given state-owned refiners the green light to export some gasoline, diesel and jet-fuel to a handful of regular customers (in Asia), signaling the country is effectively easing an earlier ban on shipments.
Oil Prices Surge While Renewables Remain Costless
Super techinical energy price action breakdown: Oil: wild upward hemorrhages Renewables: $0.00 for additional sun & wind
2026 European Shock Driven by Oil, Not Gas
CHART OF THE DAY: The 2022 European energy crisis was mostly about natural gas and electricity prices. The shock of 2026 is (in Europe) largely about oil. EU power markets remain largely stable (📉⤵️). A key reason is that France is...
Fossil Fuel Capitalism Threatens Humanity’s Survival
“There is inertia in the power and the economy of this archaic form of energy – fossil fuels – that lead to death. Undoubtedly, that form of capital can commit suicide, taking with it humanity and [other] life" TAFF https://www.theguardian.com/environment/2026/apr/29/capitalism-colombia-climate-summit-gustavo-petro
Shipping Stagnation Deepens Energy Crisis Chaos
I'd feel much more comfortable "looking through" this energy crisis if shipping was flowing again through the Strait - even if we would still face months of choas - but even the FLOW hasn't resumed. This is becoming an intractable...
Cap Oil Profits as Billions Rise Amid Crisis
There should be a cap on oil company profit margins. People are getting crushed, meanwhile oil companies are reporting record profits in the billions as they cash in on the world’s energy crisis.
China's Top Solar Maker Aims to Match Battery Scale
China’s biggest maker of solar equipment wants to grow its batteries business to a similar size https://t.co/GrUSgFU3Ap
Hokuriku Electric FY2026: Shika Nuclear Restart Highlights
Hokuriku Electric just dropped their FY2026 earnings. Key takeaways: nuclear restart updates at Shika plant and full-year financials. Always worth a look for energy market watchers. HokurikuElectric
India Shifts to Venezuelan Crude, Reducing Iraqi Imports
🇮🇳🇮🇳🇮🇳 12 million barrels of Venezuelan crude are sailing to India on 6 supertankers. This should replace a good chunk of the Iraqi oil India used to import Map form @Kpler
Brent Hovers Near $124, Market Awaits First Blink
Brent (June) exceeded 126/b earlier, now around $124/b. Bottom line: Who is going to blink first?
Violence Won’t Replace Failed 40-Day Strike Effort
"What 40 days of sustained strikes failed to achieve will not suddenly be accomplished through attacks in the Strait of Hormuz, high-profile assassinations, or even strikes on civilian infrastructure." -- Dennis Citrinowicz.
First Solar Sets 2025 Sales Record Amid Tariff Uncertainty
First Solar module sales hit record in 2025 as US production expands amid tariff uncertainty. https://www.metalnomist.com/2026/04/first-solar-module-sales-hit-record-as.html
U.S. Gas Prices Top $4.20, Set to Surge
Pain at the pump -- consequential and will get more so: The national average for a gallon of regular gas (petrol) in the US has surged again ... to over $4.20 (AAA table below). It’s almost impossible to imagine prices won't climb...
Brent Spikes 5% as Market Fears Military Escalation
JUNE BRENT FUTURES AT ALMOST $124, ANOTHER 5% JUMP EARLY THU AFTER A 6% RALLY ON WED. It's the last trading day for the June contract, and most volume has already shifted to July. But still, the market is getting...
EBRD Funds Solar‑storage Projects in Egypt and Hungary
EBRD finances solar and storage projects in Egypt and Hungary #energysky -- via Energy Storage News: https://t.co/cgLjiqJaS2
Trump Vows to Lower Oil Prices Beyond $122 Peak
Oil peaked at $122 a barrel undere Biden, but Trump says he can beat that https://t.co/OhueRXeIHf
Briefing ≠ Action: Skepticism Over Hormuz Tweet Leak
A briefing on a Hormuz ground operation does not mean a decision or imminent action @HormuzLetter I'm always suspicious when I learn something big like this from a tweet Somehow all the news agencies in the world missed this Remarkable #Hormuz #geopolitics...
Oil Surges to Wartime Highs as US Eyes Iran
Screaming Red Headline on Bloomberg *OIL HITS WARTIME HIGH ON REPORT US EYING IRAN MILITARY OPTIONS June Brent futures (green) have doubled since the beginning of the year December Brent Futures (blue) set a new all-time high. https://t.co/MdXjetPtqJ
Hormuz Closure Fuels Looming Oil Price Spike
It’s now been a month since this posting of mine. I still don’t think it’s dawned on most investors that Hormuz isn’t opening until Iran wants it open. With oil starting to get frisky to the upside, I think we’re getting...
Batteries Drive Grid Transformation, Lower Wholesale Prices
Batteries both big and small have reshaped the grid and forced wholesale prices down, AEMO says #energysky -- via Renew Economy: https://t.co/g0deqWOAAN https://t.co/7Uk8cGmSVO
22‑Year Low: US Crude and Gasoline Stocks Plunge
Biggest weekly comparative inventory decrease in 22 years U.S. C.I. fell 19 mmb & crude fell 6.3 mmb for the week ending April 24 Crude oil and all refined products decreased #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities #commoditiesmarket https://t.co/1QZP2U0rd2
Fed Split as Oil Spikes and Yields Rise
Oil at $110, blockade tightening, inflation expectations rising. Bond yields climbing. Yet the Fed just split down the middle on whether to cut or hold rates. 🔒 Members-Only https://t.co/yK33qZsRVh
Multi-Pyranometers Boost Arctic Solar Irradiance Accuracy
Multi-pyranometer tech improves solar irradiance measurements in the Arctic #energysky -- via pv magazine global: https://t.co/zpgfSVGLNU https://t.co/8XiQ6tFcYm
State Allocates $10.8M for Electrification Amid Gas Network Closure
State stumps up $10.8 million to help customers electrify as private gas network shuts down #energysky -- via Renew Economy: https://t.co/GjuwXNG0Bj https://t.co/dloo2YlZKL
US Battery Startup Chooses China Over Kentucky Plant
US battery startup builds factory in China after nixing Kentucky plant #energysky -- via Canary Media: https://t.co/dYmy9M0Soh
Unexpected Oil Stock Drawdown Surprised Us Last Month
we couldn't have done this...last month? before drawing down all of the commercial oil stocks?
Traders Dismiss Political Optimism, Align With Physical Oil Reality
So, what is happening in the crude futures market? Simple : Traders are starting to discount the hope/expectation/sentiment shaped by de-escalatory head fakes from Washington to realign with the reality glaringly evident in the physical markets for weeks now.
US Gas Prices Signal Global Inflation Wave Arriving
A lot of attention on US pump prices. But it’s only the tip of the iceberg of systemic inflation already advancing across the globe. And the US will import it too.
New Data Center Will Triple Utah’s Carbon Footprint
Cannot express how disastrous this will be. This singular data center will use more than TWICE as much electricity as the ENTIRE state of Utah currently does, and it’s 100% powered by fossil fuels. We are going to triple the...
Australia Pivots From Fossil Exports to Renewable Partnership
Australia’s sliding doors moment: From “dig and ship” to trusted renewables transition partner #energysky -- via Renew Economy: https://t.co/vXvRGa4Cxr
PJM Reopens Queue, Prioritizing Gas Projects Again
PJM's interconnection queue is back open for the first time since 2022. And it's gas, gas, gas, and more gas... https://t.co/o95wpzqCXw https://t.co/MiEOHOp4NK
Dutch Buildings Could Support 36 GW of Façade Solar
Dutch buildings could host 36 GW of façade solar capacity #energysky -- via pv magazine global: https://t.co/IMVHeqIawc