Daniel Easterbrook

UAE’s exit from OPEC is the biggest split since 1960. With rising spare capacity and no quota constraints, the balance of global oil supply could shift from 2027 and increase price risk if competition intensifies. Read more in The Edge: okt.to/6sjl8z

Global supply shocks are driving a new focus on regional energy security. From Venezuela to Alaska, investment in oil and gas is accelerating as countries strengthen domestic supply. A long term shift is underway. Read more: okt.to/w3KxE0

Energy markets are on edge as disruption in the Strait of Hormuz continues. Even with ceasefire signals, limited shipping activity is keeping pressure on oil and gas prices and raising concerns about wider economic impact. Read more from @Ed_Crooks: okt.to/r7KiZ4

Argentina and Saudi Arabia have proved international shale can work at scale, given the right conditions.    The Vaca Muerta and Jafurah projects together will absorb US$250 billion in future capex . So, where's the next big opportunity?     okt.to/7PIf5z

Power markets are adapting to energy shocks through fuel diversification, renewables and battery storage. Our latest insight explores what this means for resilience and LNG’s future role in energy security. Read more: okt.to/JF9RXj

At CESCO Week in Santiago, the focus shifted beyond copper prices to the inputs and bottlenecks holding the market together. Get the key takeaways for 2026: okt.to/ZFjb1x

EU climate ambition is under pressure. The bloc remains a leader, but turning targets into delivery is proving harder as implementation gaps widen. Our report looks at progress, geopolitics and adoption of EVs and heat pumps.: okt.to/mn0L3Z

Our infrared monitoring detected a fire at the new Pachpadra refinery beginning at 13:57 (IST) on 20 April. This is a brand new greenfield refinery (180,000 barrels per day) and it was expected to come online this Spring: okt.to/mpY79J #Refinery #Fire #Supply

Cleantech costs jump 5x during productization. Revenue stays zero. Investors leave. Raveel Afzaal from @NextHydrogen explains the commercialization valley of death killing electrolyzer companies. New episode of Interchange Recharged: okt.to/rUFAvn

PJM capacity prices have moved from US$28 to US$270 in a single auction. What happens when electricity demand, decarbonisation policy and affordability collide in the US power market: okt.to/fetwaZ 👇🧵

Virtual power plants in the US: 5% participation rate. Virtual power plants in the UK: 60-70% participation rate. Same technology. Same devices. Completely different results. @nchaset from @OctopusEnergyUS explains what's broken (and how to fix it) 🧵👇

Good data gives you information. WoodMac data gives you direction. Wood Mackenzie has the largest energy and natural resources dataset globally. Enriched with our expert analysis and interpretation, our solutions turn complexity into clear, actionable insight. Because when it comes to making the right investment decisions, it pays to be sure. WoodMac Sure.   Find out more: okt.to/2xWe74

With two weeks to go until @CESCO Week, join us at the Ritz-Carlton, Santiago on 16 April for our Chile Briefing and meet the experts leading the conversation. Our team will share their latest insights on the forces shaping copper markets in 2026 and beyond, from tightening supply and concentrates dynamics to shifting smelter economics and evolving investment flows. The session will also examine the growing tension between molecules and electrons in the energy transition, alongside the impact of geopolitics, AI-driven demand and the reconfiguration of ex-China supply chains on metals markets. Hear directly from our speakers: ▪️ @Julian Kettle, Vice Chairman, Metals & Mining ▪️ @Charles Cooper, Research Director, Head of Copper Research ▪️ Ruben Arratia, Director, Base & Precious Metals ▪️ Emily Brugge, Principal Analyst, Copper Supply ▪️ @Johann Schmid, Head of Americas Consulting, Metals & Mining ▪️ @Nassam E. Estibill Zalaquett, Director, Metals & Mining, Americas Register your interest: okt.to/2jaUVm okt.to/KQzipy

As the war in Iran has now reached the month-long mark, crude flows from the Persian Gulf on an aggregate basis remain largely stalled, with roughly 10 million b/d still unavailable to the wider market. This has resulted in significant impacts on regional, and therefore global, pricing benchmarks, with Dubai Crude spot prices specifically seeing major volatility across the month of March. While February was stable, with prices averaging roughly $68/bbl, March prices surged almost 90% to average $129/bbl, with daily prices reaching as high as $170/bbl on March 23, before falling to the $120/bbl range to close out the month. Our High Frequency Oil Production Monitor estimates, crude shut-in volumes look to have plateaued as of March 26. Though countries like Saudi Arabia, Kuwait, the UAE, and Qatar have continued to see production levels fall into April, these drops have been partially offset with recent production growth observed in both Iran and Oman over the past two weeks. Also, Iraq’s sharp production drop has notably flattened as of March 22, with exports being able to resume on the Ceyhan Pipeline to Turkey, and to a lesser extent via trucking through Syria and Jordan. Iraq is currently producing in the 1.1 – 1.2 million b/d range, with roughly 3.2 – 3.3 million b/d remaining offline. Understand the entire crude production landscape: okt.to/EwSieB (Pricing data provided by General Index) #Crude #Pricing #Trading

The Iran war is exposing energy vulnerabilities and the ripple effects are global. Oil and LNG supply disruptions have pushed prices higher and highlighted the risks of dependence on imported hydrocarbons. - Could this crisis accelerate electrification and energy independence? Our latest analysis shows: - Oil demand could fall 20% by 2050 in import-dependent countries - Gas demand may drop 10% - EV adoption and renewables could surge post-2030 - China could benefit, but others may invest in domestic cleantech to reduce reliance on imports. Read the latest Edge: okt.to/RpVCN4

Europe’s gas market remains highly sensitive to geopolitical shifts, storage dynamics, and global LNG competition. Our natural gas summer outlook webinar will discuss the primary risks facing the European natural gas market as we exit winter and head into summer. We will also host a live Q&A to address your most relevant questions. Click here to sign up and join the discussion on Thursday 16th April: okt.to/bFVKm3

@amoshochstein @AmyJaffeenergy @samanthaenergy Also discussed: how a Strait of Hormuz scenario would create the worst energy crisis ever, bigger than 1973 + 1979 combined and what markets are missing about physical disruption. Listen now: okt.to/l6woMG

80% of US energy was fossil fuels in 1980. Despite massive renewable deployment exceeding projections, it’s still 80% in 2026. New episode with @amoshochstein, @AmyJaffeenergy & @samanthaenergy on why the energy transition is far harder than assumed: okt.to/89hIDv 🧵👇

A major explosion and fire at Valero’s Port Arthur refinery has taken one of the largest U.S. refining facilities offline, removing approximately 415,000 barrels per day from supply amid heightened market volatility. Our North American Refinery Intelligence Service has released a new report analysing the incident, using infrared monitoring across 12 key processing units at the site. Together, these units represent a significant share of PADD 3 refining capacity. Combining aerial imagery captured within 24 hours of the event with detailed operational analysis, the report assesses the scale of the disruption. Key findings include damage to the diesel hydrotreater, impacts on surrounding infrastructure, and the operational status of major units across the facility. With geopolitical pressures already tightening global energy markets, this outage adds further uncertainty to refined product supply. Learn more about our North American Refinery Intelligence Service and Commodity Trading Analytics: okt.to/4JOb68

US fuel prices are rising fast and the risk of stagflation is back in play. Gasoline is up ~33% in a month as Middle East tensions disrupt supply through the Strait of Hormuz. Inflation forecasts are climbing. And the Fed may have tougher choices ahead. The US has one advantage: it’s a major oil and gas producer. But that doesn’t mean it’s insulated. Higher prices still hit consumers, squeeze demand and shift the balance across the economy. So what matters now? If oil keeps climbing, the question isn’t just inflation, it’s how much growth slows alongside it. Our latest analysis looks at what’s driving the surge, and what it could mean next for the US economy and policymakers. Read more: okt.to/LsmgPH