Nicholas Lua

3.4K posts

Nicholas Lua

Nicholas Lua

@Nich_Lua

Oil Products Reporter at Bloomberg @business News | Usual disclaimers

Singapore شامل ہوئے Ekim 2013
1.1K فالونگ725 فالوورز
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Nicholas Lua
Nicholas Lua@Nich_Lua·
Singapore electricity prices surged AGAIN, a further sign of market volatility as the world faces a serious power crunch: bloomberg.com/news/articles/…
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Javier Blas
Javier Blas@JavierBlas·
You know Asia is truly short of crude oil when Japanese television covers the arrival of a single oil tanker from America as a major news story
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Bloomberg
Bloomberg@business·
The Strait of Hormuz crisis represents “the biggest energy disruption we’ve ever seen,” despite oil prices not yet reaching the inflation-adjusted equivalent of previous highs, S&P Global Vice Chairman Daniel Yergin warned on Saturday. bloomberg.com/news/articles/…
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Javier Blas
Javier Blas@JavierBlas·
Qatar state-owned LNG giant QatarEnergy has published a statement detailing the overnight damage, providing more granularity (particularly around the damage of the GTL plant).
Javier Blas tweet mediaJavier Blas tweet media
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Nicholas Lua
Nicholas Lua@Nich_Lua·
Bloomberg Big Take | Rationing, fuel smugglers and plants fighting to keep running: Asia’s troubles portend a grim future if the Iran war persists -- with Alisha Sachdev, Will Kubzansky & @ClaraDFMarques Gift link: bloomberg.com/news/features/…
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Andy Mukherjee
Andy Mukherjee@andymukherjee70·
“Let me (not) take you far away. You can’t afford a holiday.” Singapore jet fuel benchmark, ladies and gentlemen:
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Nicholas Lua
Nicholas Lua@Nich_Lua·
Kuwait is ramping up fuelmaking at its giant Al-Zour refinery, restarting one of two crude distillation units that had been halted since October -- with @FionamMacDonald #oott
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Ziad Daoud
Ziad Daoud@ZiadMDaoud·
"It’s uncommon for a city to have even one sovereign wealth fund; the UAE’s capital has three" This piece is a nice overview of how and where Abu Dhabi invests its wealth bloomberg.com/graphics/2025-…
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Sam Dalrymple
Sam Dalrymple@SamDalrymple123·
The British Conquest of Punjab A thread🧵
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Javier Blas
Javier Blas@JavierBlas·
The pressure this month on the "OPEC secondary sources" is quite strong. Effectively, Riyadh is trying to mask a large output hike in June. It reminds me of an episode in 2010, when KSA kept a ~1m b/d hike secret, as recounted — see below — by a top Saudi oil official #OOTT 1/4
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Nicholas Lua
Nicholas Lua@Nich_Lua·
Iran and its proxies can hamper shipping on two crucial chokepoints that control oil flows to Asia - we're all obsessed with the Strait of Hormuz lately, but have you forgotten the Bab el-Mandeb at the tip of the Red Sea?
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Nicholas Lua
Nicholas Lua@Nich_Lua·
Iran is a major LPG exporter, and China imports almost a quarter of its LPG from Iran -- much to feed the world's largest plastics maker's hungry petchem plants
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Nicholas Lua
Nicholas Lua@Nich_Lua·
Here are three key charts that capture what Asian oil markets are watching as the Iran conflict expands- 🀄 Links to China, the world's largest oil refiner ⛽ Fuel exports, Iran LPG being key 🚢 Key shipping routes - a Red Sea disruption? #oott Link: bloomberg.com/news/articles/…
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Yongchang Chin
Yongchang Chin@yongchang_chin·
Tanker rates for vessels carrying refined oil products from the Middle East have surged in recent days, as the exchange of fire between Israel and Iran puts the flow of goods in the Hormuz Strait in the spotlight bloomberg.com/news/articles/…
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Stephen Stapczynski
Stephen Stapczynski@SStapczynski·
Egypt is becoming a long-term LNG importer to offset slowing local gas production 🇪🇬 ♥️ 🚢 💰 Egypt today finalized big LNG purchases for the next few years with suppliers ⚠️ This is a sharp turnaround for a country that until last year was exporting LNG bloomberg.com/news/articles/…
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Javier Blas
Javier Blas@JavierBlas·
The loopholes, waivers and workarounds are so, so large: Japan is taking delivery of a cargo of Russian crude oil via an oil tanker that's both sanctioned by the US and the EU. According to Tokyo, the US told Japan it can use sanctioned tankers to import oil from Sakhalin 2.
Stephen Stapczynski@SStapczynski

Japan is taking delivery of a Russian oil shipment on a tanker blacklisted by the US 🇯🇵🤝🇷🇺 But it isnt because Japan needs oil Output of a Japan-backed LNG export plant in Russia would have been affected if it couldnt ship oil because the two fuels are produced simultaneously

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