Liezel Hill

Trump says the US should control the Strait of Hormuz and get paid for it reut.rs/4fbJV5M reut.rs/4fbJV5M

Prices for gasoline, diesel and jet fuel are rebounding even as crude oil eases, a rare divergence that’s swelling costs for peak-season travelers bloomberg.com/news/articles/…

COLUMN: China giveth and China taketh away. Oil won't rise to $100 a barrel again this year or drop to $50 in 2027 if China keeps behaving as the rational energy trader we’ve seen in recent months. @Opinion bloomberg.com/opinion/articl…

Oil Major Eni Holds Talks With Mercuria Over Trading Partnership #oott bloomberg.com/news/articles/…

MUST READ: Kuwait has started ramping up oil production and plans to reach 2 million b/d within a week (from 0.5m b/d during the war), KPC CEO Sheikh Nawaf Al-Sabah tells @FionamMacDonald in an interview. He says recovery faster than previously thought. bloomberg.com/news/articles/…

Energy factoid of the day: The entire annual global LNG market equals to about six weeks of coal demand in China and India.

Wow! The U.S. injected ~9.9 million barrels of oil from its Strategic Petroleum Reserve into the market last week. That’s a record high flow of >1.4 million barrels a day. It’s the second consecutive SPR record high flow rate.

Maya Angelou on the joys of being edited

Live in 15 mins 👇👇👇 #OOTT

Asian oil refiners are seeking alternatives to the Middle East’s benchmark crude prices (Oman and Dubai), as war-driven distortions fuel wild price swings that they say have come untethered from physical market realities. @yongchang_chin @alexlongley1 bloomberg.com/news/articles/…

Trump on Strait of Hormuz: “At a certain point, it’ll open itself.”

Several Iranian top officials have warned today about water desalination plants (following what they said was an attack to water infrastructure by US-Israel). Re-upping my @Opinion column about why water desalination will be key in the Third Gulf War. bloomberg.com/opinion/articl…

‘To the moo…’ 🚀 Oh wait. In all seriousness, this is a rational way of matching future supply with current expected demand. So not any cause for concern/hysteria about the state of the Euro/global #natgas market. #TTF #LNG #ONGT

CHART OF THE DAY: As the oil market worries about Iran, trading in Brent call options surged on Monday to a record high (just above the previous peak set in June 2025, around the time of US/Israel attacks on Iran). h/t @alexlongley1

Trafigura's CEO Richard Holtum says at televised White House meeting his trading firm will load Venezuelan oil set for the US in the next week.

REACTION COLUMN: BP has appointed Meg O'Neill, a no-nonsense executive who earned her stripes in the exacting world of Exxon, as new CEO. Superb. Her mandate? "A simpler, leaner and more profitable company." If only that had been the focus since 2020. bloomberg.com/opinion/articl…

Today, the Federal Bureau of Investigation, Homeland Security Investigations, and the United States Coast Guard, with support from the Department of War, executed a seizure warrant for a crude oil tanker used to transport sanctioned oil from Venezuela and Iran. For multiple years, the oil tanker has been sanctioned by the United States due to its involvement in an illicit oil shipping network supporting foreign terrorist organizations. This seizure, completed off the coast of Venezuela, was conducted safely and securely—and our investigation alongside the Department of Homeland Security to prevent the transport of sanctioned oil continues.

Four Russia-linked tankers have been attacked at sea in under a week. Who, or what, is behind the strikes? @alexlongley1 takes a closer look bloom.bg/4q44oxB

The head of German utility EON said Europe’s largest economy should slow the pace of wind and solar expansion, saying the country’s power grids are struggling to cope with the surge in new renewable projects. bloomberg.com/news/articles/…