Sultan Al Jaber’s CERAWeek Speech Highlights Energy Transition
Worth to read the speech that Sultan al Jaber, the CEO of UAE-state owned oil giant ADNOC, just delivered at CERAWeek (by video conference for obvious reasons). https://t.co/ATookvzJEA
Trump Muses Joint Control of Hormuz with Iran
Reporter: “what about the Strait of Hormuz, who is going to be in control of that?” Trump: “uhhh, be jointly controlled …” Reporter: “by who?” Trump: “maybe me … me and the Ayatollah” https://t.co/hcwRS5PbZf
Clean Energy Now Powers 90% of New US Capacity
90% of everything added to the US grid last year was clean energy. Most Americans don't know this. We're not "alternative energy" anymore. We're dominant energy. That's what @EnergyEmpirePod is here for 🗽🔌 https://t.co/v16d3ugteT
Physical Oil Scarcity Outpaces Futures Pricing, Says Chevron CEO
Chevron CEO Mike Wirth says the physical oil market is tighter than the financial oil market is reflecting, particularly for refined products. The scarcity, particularly in Asia, is “not fully priced in the oil futures curve,” he says. #CERAWeek
U.S. Oil Production Likely Plateaued, Growth Hinges on Prices
Chevron CEO Mike Wirth says that U.S. oil production probably reached a “plateau” over the last 6 months or so — too early to say whether growth would re-start as it would depend whether current prices stay or not.
WTI‑Brent Spread Reveals Iran Market Tension
one of the more useful ways to track market tension in Iran is the spread between WTI and Brent crude (nearest contract). Here a 1 yr chart, lower pane shows the spread. src: BBG https://t.co/o0tLpkaSdP
Hormuz Oil Flow Stalled, Supply Strain Persists
This is correct So much of the world now can increasingly just be driven by overconfidently posting through it—but not oil, not for long Hormuz flow still hasn't resumed and every day we're shedding more oil from the system That'll catch up—can't jawbone...
US SPR Release Targets Up to 3 Million Barrels Daily
US Energy Secretary Chris Wright says the US flow rate from the SPR exchange would amount to be 1.0-1.5m b/d and says the total IEA release would come close to 3m b/d. (Those are the first flow rates estimates publicly discussed...
Unblocking Hormuz Strait May Avert Global Depression
🤙🏻 Call me, beep me, if you want to unblock the Strait of Hormuz and unwind the largest energy supply shock in history to avoid a global depression.
Oil Prices Shift on Brief Comments, Says Wald
Watch Oil Moving on ‘A Couple Words and a Tweet,’ Atlantic Council’s Wald Says - Bloomberg @ACGlobalEnergy #oott https://t.co/YElH8A8ORG
IEA: Today's Energy Crisis Over Twice Past Crises
JUST IN: IEA official says current energy crisis is more than 2x worse than both 1970s oil crises combined
Brent at $100 Relieves Political Fear of High Oil
Brent is down to $100. The latest de-escalation signal is worth about as much as the escalation signal Saturday night, but - underneath all that - it's clear that high oil prices scare this administration as much as they scared...
US Oil Use Hits Record Low Amid Global Supply Shock
its the "biggest ever shock to global oil supply", as people keep pointing out, but the US economy is also less oil-intensive than it has ever been.. https://t.co/zk9SxpcEA5
Oil Prices Near Peak Due to Hormuz Risk Premium
In this podcast conversation with @paulkrugman from last week, we debate my view that oil prices are near their peak because large risk premia are priced into oil that embed substantially reduced tanker traffic through the Strait of Hormuz. Watch...
Both Administrations Fear High Oil, Keep Prices Low
One thing the Trump and Biden administrations share is a fear of high oil prices. That means we can't get $150 or $200, as evidenced by Trump's latest about-turn today. Important to look through the alarmist hype and remember the...
Crude Oil Forms Massive Bearish Reversal at Range Top
Crude Oil creating one of the largest monthly bearish reversal patterns in its history, as it tests the top of its trading range? $USO $SPY $TLT https://t.co/GivNir6qgu
Middle East Conflict Drives Global LNG Exports to Six‑month Low
Global LNG exports drop to the lowest level in six months due to Middle East conflict ⚠️ 🚢 This basically erases supply additions from the US and elsewhere during that period The drop is primarily from Qatar — and to a...
European Gas Dips 9% After Trump Pauses Iran Strikes
European natural gas prices drop as much as 9% after Trump said he instructed US forces to postpone all strikes against Iranian infrastructure for 5 days 🇪🇺 ⚠️ Prices still well above pre-war levels And there’s been no direct/indirect contact...
Oil Prices Have Peaked, Shock Explained
People had lots of questions about the oil shock after this weekend's podcast with @paulkrugman, including on all the different types of oil and which one is most important. I've been pounding the table that oil prices have peaked, so...
Iran's Hormuz Control Gives It Strategic Leverage
As long as Iran still controls the strait of Hormuz, we’re gonna have issues. That’s really the bottom line here. By realizing it can control the strait (at least so far) Iran has gained strategic leverage relative to the outset...
Qatar Outage Boosts Russia's LNG Sales to Vietnam
The outage at the world’s biggest LNG export plant in Qatar is apparently benefiting Russia 🇷🇺 ⚠️ Russia’s largest LNG producer Novatek has signed a preliminary deal to supply Vietnam, Tass reported citing CEO Mikhelson (Vietnam is struggling to buy LNG...
Markets Underestimate Full‑scale US‑Iran Energy Conflict
Trump just gave Iran 24 hours. Reopen Hormuz. Or face strikes on power facilities. Iran's response: We'll hit every US energy and desalination plant in the Gulf. $SPY is not pricing a full energy war. It should be. https://t.co/wOxm8bXbEC
Trump’s Flip‑flop on Iran Rattles Oil Prices
> Trump threatens to attack Iranian power plants, thrust region further down path of major facility attacks > Crude price flat out of weekend > Trump says now he isn’t going to attack Iranian power plants > Crude price falls $16/bbl https://t.co/e81KQnsv14
Oil Prices Slide as Trump Delays Iran Strikes
Oil and energy commodities tumble after Trump postpones U.S. strikes against Iran energy infrastructure for five days: CNBC https://t.co/nO7poYHdmx
WTI May Top Near $120 by 2026, Echoing 2008
WTI Peaks and Recessions: $120 (2026), $147 (2008), $130 (2022) - WTI crude oil was near unchanged for the week ending March 20 despite the Strait of Hormuz remaining mostly closed, suggesting a potential topping process reminiscent of 2008. Roughly...
Russian Oil Facilities Spotted at Primorsk Port
Russian oil facilities by the port of Primorsk now. Yes, it's just me being Zelensky's politruk. https://t.co/hmcD7YMraa
Trump’s Iran Comments Send Brent Down $16
An off ramp? A TACO? Another bait and switch? Brent cratered ~$16/bbl on Trump’s latest post talking about “very good and productive conversations” with Iran. https://t.co/6dfE8zEiRE
2026 Commodity Pump‑Then‑Dump May Hit WTI Crude
Crude vs. 2026 Commodity Pump-Then-Dump Pattern - Front-month US natural gas futures surged roughly 100% to the January peak, then reversed to about a 15% decline by March 20. Will WTI crude oil follow? Silver and copper have also shifted...
Oil Volatility Shifts: From Demand Collapse to Supply Risk
Both the COVID-19 oil shock and the current Middle East oil shock (has) caused big moves in oil prices (Volatility), but for opposite reasons though. In 2020, demand absolutely collapsed because nobody was using or wanted as much oil as...
Hedge Funds Buy 120 BCF Gas, Still Below Historic Levels
HEDGE FUNDS and other money managers purchased the equivalent of 120 billion cubic feet (bcf) in the two major gas futures and options contracts based on prices at Henry Hub in Louisiana over the seven days ending on March 17....
Iranian Oil Routes to China via SWIFT Workarounds
Pfft. None of the desanctioned Iranian oil is going anywhere other than China, because only China can shield their payments from SWIFT. All of these masterful gambits assume the Iranians are idiots. They’re evil. Not idiots.
Protect Citizens and Build Resilience, Not Unemployment
When price rises come from climate disasters or overseas fuel shocks, the main job is to protect people from the worst impacts and to build an economy that is less exposed next time, not to manufacture more unemployment. https://t.co/r8pM3hZEYt @reneweconomy
US Gas Stable, Europe Volatile: One Price Chaos
Compare and contrast US Natural Gas prices to European TTF Natural Gas prices. US prices have barely moved. What was that about there only being one international price for gas 👀 This is what madness looks like with respect to energy policy...
Honored in TIME Earth Awards for Clean Energy Leadership
Honoured to be included in the 2026 @TIME Earth Awards list. This is not just a recognition of my work and my @SEforALLorg and @UN colleagues, but all who have supported the vision of accelerating the clean #energytransition and action on...
Iran War's Energy Crisis Claim Hinges on Incomparable Data
The IEA's Fatih Birol has called the 2026 Iran war the greatest energy security crisis in history. The numbers behind that claim are stark. These figures are striking but they are not directly comparable. Here is why. 🧵 https://t.co/oplTLequPN
ADNOC Cuts LNG Output as Hormuz Closure Tightens Gas Market
Adnoc is now reducing LNG production because Strait of Hormuz is shut, tightening the global gas market 🇦🇪 ⚠️ Adnoc has “made temporary operational adjustments to production of Liquefied Natural Gas” They’re working with customers to fulfill commitments “wherever possible” https://t.co/dLBNlgiLER
Efficiency Wins Amid Middle East Oil Volatility
Chaos in the Middle East is a wake-up call for oil and gas producers. When volatility rises, efficiency becomes the ultimate resource... The real winners are those who can extract oil and gas from wells more effectively and efficiently. This...
Current Energy Shock Dwarfs 1970s Crises
I don’t think we have understood yet how serious this crisis is. IEA’s Fatih Birol: ~5 mb/d lost in each of the 1970s oil shocks; ~75 bcm gas after Russia’s 2022 invasion. Now: ~11 mb/d oil and ~140 bcm gas disrupted. https://t.co/6G8leH3lHR https://t.co/ESkY9LyQjx
Ukraine Launches Kinetic Sanctions on Russian Oil Exports
Ukraine imposes kinetic sanctions on Russian oil exports. They increasingly have the ability to do this at scale, and to destroy refineries and factories crucial to the Russian war effort. This particular port is further from Ukraine than Moscow is.
Hormuz Crisis Turns EVs Into Security Priority
🚨President Trump is widely seen as pro-oil and critical of EVs. 🚨Yet the ongoing Strait of Hormuz crisis has created an ironic game-changing boost for EVs that could prove hard to reverse. 🚨Countries are now likely to treat...
Waha Gas Prices Plunge to Near -$10 per MMBtu
"Over the past week, spot prices at the Waha gas trading hub in the Permian Basin fell as low as -$9.75 per million British thermal units, with expectations that it could hit -$10." https://t.co/camxY0zKrz
UK Accelerates CfD Auction, Endorses Middle East Balcony Solar
UK brings forward CfD auction, backs balcony solar in Middle East response #energysky -- via pv magazine global: https://t.co/N1n2DhjXeo
NATO Discusses Reopening Hormuz, Not Guarantees
"NATO VOWS TO REOPEN HORMUZ" is wildly overstated @DeItaone What NATO chief Mark Rutte actually said was allies are talking about ways to reopen Hormuz He added he is "absolutely convinced" they can succeed. At talking & coordinating What EU does best #NATO #MarkRutte...
SMRs Are Techno‑fantasy, Not Economically Viable Reactors
SMRs are a techno-fantasy built on a category error, writes @Dr_Keefer They are called SMALL modular reactors because they're SMALL nuclear with SMALL revenues SMRs are what happens when people mistake wishful thinking for engineering economics. #SMR #Nuclear #CCGT #Energy #PowerMarkets #EnergyTransition...
US Dominates Gas, yet Lacks LNG Shipbuilding Capacity
The U.S. is the world’s biggest natural gas producer & LNG exporter. But it still doesn’t build the large ships that carry LNG. That is a pretty good snapshot of modern America: Enormous resource strength, paired with a hollowed-out industrial base in a...
Impending LNG Shock Threatens Europe and Asia for Years
The LNG shock is about to get real The last Gulf cargoes loaded before the war are now arriving After that, Europe & Asia hit the wall This is a major structural shock that may last years https://t.co/Dw60mbEoxn #LNG #Hormuz #Qatar #Pakistan #Bangladesh #Taiwan #EnergyCrisis...
Gulf Oil Output Could Fall 6.5 MMbpd in March
If held flat at current shut-in levels of around 9 MMbpd, Gulf crude oil production would be down by ~6.5 million on the month in March. Balance math gets much uglier when these run for a full month or more—and things...
Iran's War Begins with Record‑high Liquids Output
Iran entered this war with liquids output near multi-decade highs, writes @JavierBlas The U.S. & Iran have both been major LPG/NGL export growth stories since 2020. #OilMarkets #Iran #USLNG #LPG #NGL #Energy #Geopolitics #Hormuz
Thailand Revives Retired Coal Plants as LNG Prices Surge
Thailand is restarting retired coal units because LNG got too expensive In a real crisis, transition rhetoric gives way to fuel reality. https://t.co/YD0xNKNZzI #Thailand #Coal #LNG #EnergyCrisis #PowerMarkets #Electricity #EnergySecurity #Climate
Hormuz Blockade's Impact Varies: Short-Term Mild, Long-Term Catastrophic
On intensity, absolutely true. I think the overall effect will be less than the energy shocks of the 1970s if this ends **today** but if the Hormuz stoppage stretches out for months it'll blow the other two out of the water.