Javier Blas
Energy and commodities columnist at Bloomberg. Co-author of the 'The World for Sale' https://t.co/GAcVleqiqp Any views expressed are my own. jblas3@bloomberg.net
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For oil, what's more important in the Saudi-Chinese read-outs of President Xi's visit to the kingdom is what is **not** in them. What's missing? The long rumored pricing of oil in...
OPEC+ appears ready to become a "spectator" of the market (as one delegate put it to me) as the G7 oil price cap talks continue. As things stand, it's likely to keep its output unc...
OIL MARKET: Washington eases its oil sanctions on Venezuela, allowing Chevron (for the next 6 months) to pump crude in the Latin American nation and export it into the United State...
FULL DOCUMENT: The #COP27 political-policy text (aka, โcoverโ) is full of diplomatic language gymnastics. Note, for example, the reference to โlow-emissionโ energy to mean gas and...
When @jfarchy and I wrote in 'The World for Sale' the story of how Marc Rich inserted himself in the 1980s into a gov-to-gov oil deal between Iran and Burundi, we thought we were t...
The annual @IEA's World Energy Outlook is out. It present 3 *scenarios* for energy supply and demand to 2050. In all, it sees fossil fuel consumption will hit a peak in a few year...
A few thoughts about the White House's claim that several OPEC nations communicated to Washington "privately that they also disagreed with the Saudi decision [to cut oil production...
OPEC+ agreed to a tiny oil output hike of 100,000 b/d for Sept, sending Brent back above $100 a barrel. The increase (the 2nd smallest hike in the cartel's history, only behind o...
EU energy ministers are meeting today in Brussels to try to find an agreement to reduce natural gas demand ahead of winter. The European Commission proposed a voluntary 15% cut acr...
BIDEN IN SAUDI 1/6: US President Joe Biden lands in Jeddah later this afternoon for a two-day visit. Based on conversations with officials, I do NOT expect that Saudi Arabia (or th...
FULL DOCUMENT: The G7 leaders communiquรฉ | #OOTT #OATT #ONGT #CoalTwitter #Russia https://t.co/H5lwY3JVD2
BREAKING: Global oil demand growth will **accelerate** to 2.2m b/d in 2023, up from 1.8m b/d in 2022, the @IEA said on its first look into next year's S/D balances. "Global oil s...