Javier Blas

MUST READ: Sergey Vakulenko, a consultant to many Russian oil companies in the past, has published a detailed account showing that Russia may be earning more than it looks like selling its oil, channeling some of the proceeds into the shadows #OOTT 🇷🇺⛽️💲

MUST READ: From @WindEurope, the trade body representing the wind power industry: "WindEurope latest data on wind turbine orders in Europe in 2022 paints an extremely worrying picture. Total orders for new wind turbines in 2022 fell by 47% on 2021."

MUST READ: Months after the White House vowed to punish Saudi Arabia for cutting oil output, the Biden administration has ended its talk of retaliation against Riyadh | #OOTT #SaudiArabia 🇸🇦⛽️🇺🇸 @missy_ryan

BOOM!!! Nickel prices surge above $100,000 a tonne on a huge metal short-squeeze. The London Metal Exchange has given a unit of China Construction Bank Corp. extra time to pay $$$$ in margin calls it missed Monday. Do follow @jfarchy for more and read this

Excellent @OxfordEnergy paper on Russian oil crisis: "This ‘self-sanctioning’ is already having an impact on oil supplies. At its peak impact, such a scenario could result in a disruption between 3 mb/d to 4 mb/d of Russian crude oil production" #OOTT

Very interesting short paper from @BrookingsInst about the 2021-22 energy crisis, with smart arguments balancing fight against climate change vs energy security (by @MBazilian et al)