The consensus that global oil demand will peak by 2030 is wrong, starting to crack, and its crumbling and collapse will be the next big structural "surprise" in energy. Near term oil balances may be soft, but we're structurally short medium term. Long held view. Sticky with

Initially bigger wind turbines, low prices for raw materials & limited competition helped $EQNR generate profits from wind farms. But that's no longer the case.

"China's lithium futures and spot prices reached more than an eight-month high Aug. 11" But don't forget that ..."Elevated lithium production and overcapacity have crashed lithium prices by more than 80% since 2022." spglobal.com/commodity-insi…

I initially read this as "God will not be Tariffed"

Trump-Putin Anchorage meeting: bullish or bearish (or neutral) for oil? #OOTT #oil #Ukraine #sanctions

Apparently the jellyfish issue isn't all that uncommon. Jellyfish blooms seem to increase near nuclear reactors. Jellyfish shut down French nuclear power plant power-eng.com/nuclear/jellyf…

The resumption of oil exports from the Kurdistan Region will require the Federal Government of Iraq to coordinate with the Republic of Türkiye and implement the agreed export procedure. #oott

what do these "very severe consequences" look like? Is there anything more severe that the US is actually willing to do?

I’ll be on the Schwab Network in a few to discuss #oil outlooks! #oott #russia #tariffs Global Energy Center Catch the show here: schwabnetwork.com

#NatGas saves the day in UK for power generation when wind doesn't blow or sun doesn't shine. Don't forget this is also means bringing in #NatGas supply from Norway ie. transfers. 👇National Grid live as of 750pm UTC+1. grid.iamkate.com Thx Giovanni Staunovo🛢 for flagging.

Huge plume of smoke rising in Tehran. Germany and Austria closing (or extending closure) their embassies until further notice. IRGC commander, Rahim Safavi, predicting an imminent conflict. The government is broke. People without water and eletricity. IMG: @vahid

Why focus on India when China imports more Russian oil? There’s no leverage with China whereas there is with India. And India imports enough Russian oil that China won’t take it all if India stops importing it so there’s a chance it would actually cut into Russian revenue.