Statistician 📊 | Sci-Fi Lover 📚 | Economic Fairness Advocate 🌍 #garyseconomics

Manchester
Joined January 2016
JamesFairMover retweeted
Latest in energy: 1. Qatar extends LNG disruption deeper into winter QatarEnergy’s force majeure on supplies to Italy’s Edison now runs through the end of December, with another three cargoes affected. The extension keeps Europe reliant on replacement #LNG as winter demand builds. 2. Ras Tanura back in focus after reported attack A fire near Saudi Aramco’s Ras Tanura complex was contained following an attack, with the extent of any operational impact still unclear. The Houthis separately said they had targeted the facility. 3. Iran steps up pressure on shipping through Hormuz Iran’s Persian Gulf Strait Authority says COSCO-linked vessels will face legal action from Nov. 1 over alleged transit violations, after enforcement measures against at least seven ships. 4. European gas hedging hits a record Open interest in ICE #TTF options exceeded 3 million contracts on Oct. 23, up 33% from a year earlier. Combined TTF futures and options open interest also reached a record 5.9 million contracts. 5. US LPG exports face another operational constraint Energy Transfer has declared force majeure affecting operations tied to a compressor failure, adding another potential logistics constraint as global #LPG supply remains tight. 6. Bolivia opens the door to gas imports Bolivia has authorized companies and individuals to import natural gas and LNG for their own consumption or power generation under its energy-emergency framework -- a significant shift for a country historically known as a regional gas exporter. 7. Freeport LNG feedgas remains elevated Feedgas into Freeport was running around 1.9 Bcf/d on Oct. 26, above its 30-day average of about 1.64 Bcf/d, supporting US LNG export availability at a time of strong European demand. 8. Energy prices are broadly lower today Oil and refined-product benchmarks are mostly in the red, with crude easing alongside softer near-term geopolitical risk. #OOTT
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JamesFairMover retweeted
In a bid to enhance its energy security, Singapore has signed a memorandum of understanding with Saudi Arabia to store crude oil at the Jurong Rock Caverns: bit.ly/4yH0cr6
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JamesFairMover retweeted
Houthis Claim Strike on Saudi Arabia’s Biggest Refinery Houthis claimed a ballistic missile strike on Saudi Arabia’s largest oil refinery, while the Saudi-led coalition said it destroyed two ballistic missiles heading toward Riyadh. clashreport.com/world/articl…
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JamesFairMover retweeted
Join us at the 8th annual ADNOC Trading Forum, part of ADIPEC 2026, bringing together industry leaders to explore the developments shaping global energy markets and the future of trading. Nov 3 | 15:30 to 18:30 UAE Time | Conference Hall A, ADNEC, Abu Dhabi
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JamesFairMover retweeted
Blistering record heat in Europe this summer helped kill more than 50,000 people, with nearly two-thirds of that death toll blamed on human-caused climate change, a new study found. abcnews.com/Health/wireStory…
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JamesFairMover retweeted
Forget talk of a quick, decisive strike on Iran. UN Ambassador Mike Waltz says the US can maintain its blockade indefinitely—even if the stalemate lasts another year. But can the world sustain another year of high energy prices and disrupted commodity flows? Military endurance isn't economic endurance. ft.com/content/70379a26-c20e…
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JamesFairMover retweeted
🇨🇳 China expands exports beyond US as sales to ASEAN and Europe offset American market losses 📈 Exports to ASEAN rise 14% and EU 9% in 2025, while US shipments fall 19.5% 📌 Chips, electric vehicles and batteries drive further export growth in 2026 More here 🔗 v.aa.com.tr/4098065
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JamesFairMover retweeted
Dated Brent versus front month Brent futures contract in USD/bbl #oott
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📈This just in from the GBBC data desk: THE UK'S PRICE OF NATURAL GAS IS NOW 10.7X HIGHER THAN THE US PRICE, which has fallen significantly since their fracking boom in the 2010s. The idea that increasing your supply does not affect your price is a fallacy.
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JamesFairMover retweeted
Copper Demand: up 34% by 2035 per BloombergNEF. Shortage: starting 2028. Major new deposits found since 2020: 6. In 2025: zero. We're asking for a lot more copper and barely finding any. Still seems cheap to me
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JamesFairMover retweeted
ICYMI: @INL put a full-scale 230-kV power grid transformer through a simulated earthquake for the first time at @UCSanDiego.⚡ Replacing one can take 5+ years. This test could help engineers reduce damage and fortify power grid resilience. Read more: inl.gov/news-release/idaho-r…
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JamesFairMover retweeted
Iran's IRGC is reporting that seven ships have been damaged in the Gulf region and Strait of Hormuz in recent days. It says the vessels hit naval mines or were targeted because they were using an unapproved route through the waterway. Al Jazeera’s Mohammed Vall reports.
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JamesFairMover retweeted
Tanker rates are collapsing they say?
5 VLCCs on subs. Rates continue to be stratospheric
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JamesFairMover retweeted
Dated Brent versus front month Brent futures contract in USD/bbl #oott
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JamesFairMover retweeted
As of Monday, October 19, total oil product stocks in Fujairah stood at 7.247 million barrels. Overall, there was a net build of 422,000 barrels, or a 6.2% week-on-week build. The weekly stock movement in Fujairah saw builds in light distillates and heavy residues while middle distillates posted a draw. #oott fujairah.platts.com/fujairah…
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JamesFairMover retweeted
At This Moment in Alberta 20-Oct-2026 @ 03:59 🔥 Fossil fuels are supplying 85.2% of Alberta's electricity. 💨 Wind • 20.2% of capacity • 11.7% of total generation ☀️ Solar • 0% of capacity • 0% of total generation ↔️ Exporting: 138 MW 📊 Total Generation: 9,845 MW
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JamesFairMover retweeted
Oil flows through the strategic Bab al-Mandeb strait have fallen to multiyear lows this month amid ongoing military escalation between Yemen's Houthis and Saudi Arabia and its Yemeni proxies. 👉 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀: 🔗 lnkd.in/edrZYG9a
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JamesFairMover retweeted
Crude oil inventories at refineries are in rapid decline as refinery runs stay strong and crack spreads are near all-time high levels! Crude barrels remain difficult to find and transport, bringing WTI and Brent multi-year strip pricing up as oil bull market strengthens! 🛢💰
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The Iranians have blacklisted 104 tankers while the actual "Arab Dark Fleet" is nearly four times that amount. When clients are paying $1.4M/day (as opposed to the pre-war $ 35-50K/day) to shuttle the oil, there is no shortage of volunteers. We're spotting new tankers daily.
Okay, what happens when we run out of tankers then? Does the tanker fairy give us more?
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