TradeMan Devon

Trade guy 📈. Advocate for fair trade 🌍 & digital integration 💻. Nature lover 🌲. #TradeNerd

[Pipeline & Gas Journal @PipelineandGas]

The nation's emergency crude stockpile just reached a level not seen since the Reagan era. What is driving the decline, and what could it mean for energy markets?

#crude #oil #energy #SPR

https://t.co/vnJSs9mgWs

[Ole S Hansen @Ole_S_Hansen]

Crude has fallen sharply as traders anticipate a reopening of the Strait of Hormuz and a return of stranded Gulf exports. https://t.co/vg41PmLCsB via @saxobank

[Jack Prandelli @jackprandelli]

🇳🇴Equinor just confirmed three new oil discoveries at Johan Sverdrup Norway's largest oil field and is moving toward a 4th development phase.

20 to 30 million barrels of new recoverable oil.

Tied back to existing infrastructure.
Lower cost.
Lower emissions.
Production target: 2029.

Johan Sverdrup is European oil,straight from the Norwegian Continental Shelf to European refineries.

Equinor, Aker BP, TotalEnergies, and state-owned Petoro are all in.

These are the people who run Europe's most strategic oil asset.

New barrels are coming.
Just not yet.

[Steve Hanke @steve_hanke]

EV demand and AI data centers are GOBBLING UP base metals. The World Bank forecasts that industrial metal prices will SURGE by 18% this year.

The Bank also forecasts that precious metal prices in 2026 will average 42% above 2025 levels.

A COMMODITY SUPER CYCLE IS UNDERWAY.

[John Kemp @JKempEnergy]

BRENT’s six-month calendar spread has retreated to a backwardation of a little over $4 per barrel down from a record high of more than $37 on March 31 and not much higher than the $3 immediately before the outbreak of war between the United States and Iran. The spread has averaged about $9 so far in June (96th percentile for all months since 2010) from a near-record $20 in April after adjusting for inflation. Traders are anticipating a relatively rapid resumption of crude oil exports through the Strait of Hormuz that will arrest and then gradually start to reverse the sharp depletion of global inventories since the war began:

[Logistics Management @LogisticsMgmt]

U.S.-bound imports see annual gains in May, for first time in 13 months
https://t.co/CRmCYoXm5Z

[Natural Gas Intel @NGInews]

TTF, Asian LNG Prices Tumble as Hormuz Reopening Hopes Build: Global LNG and natural gas prices dipped sharply Monday as traders reacted to a major step in a peace resolution between the US and Iran and the opening of the Strait of Hormuz. https://t.co/TupTfxZnmC

[CSIS Korea Chair @CSISKoreaChair]

With a U.S.-Iran deal now announced and the Strait of Hormuz set to reopen after Friday's signing, 24 Korea-related vessels remain stranded. What comes next for Seoul's policy choices and the road home?

📊 Read @CSIS analysis by @VictorDCha and @AndySauLim: https://t.co/xBnE46Ivv9

[Rory Johnston @Rory_Johnston]

Handy chart from the NYT on Iran's stocks of enriched uranium by enrichment level

[CSIS @CSIS]

In 1980, the G7 accounted for 60.5% of world GDP and 13.8% of the world’s population. Today, it accounts for 44.1% of world GDP and 9.6% of the global population. But, the G7 agenda has globalized even as the bloc’s share of the world has shrunk.

Learn more: https://t.co/pTFBqFwFWd

[Izabella Kaminska @izakaminska]

My very contrarian take on why oil prices are resisting a breakout over $100

Iran war is a smokescreen for a looming oil demand crunch https://t.co/wGeV7sO0iV

[Martin Kelly @_MartinKelly_]

A ship was hit overnight whilst under US air support when transiting out of the SoH.

[Windward @WindwardAI]

As CENTCOM and the IRGC issue conflicting claims about the Strait of Hormuz, Windward's MSI analysis from 02:10 UTC today assessed three vessels transiting dark through the deep-water channel (two northwest, one north at high confidence).

AIS tells a similar story: five total transits recorded across June 10–11 (four outbound coastal cargo vessels under 80m, one inbound general cargo).

When the narratives diverge, vessel behavior is where the picture becomes clearer.

https://t.co/JzPRTLcPrC

[Pipeline & Gas Journal @PipelineandGas]

A new pipe joint technology has enabled something rarely seen in microtunneling, opening the door to new construction options in constrained environments.

https://t.co/aazaXjweXW

[Ira Joseph @ira_joseph]

Estimating here 75% of the demand growth is coming from domestic gas markets, where the gas is considerably cheaper. Further evidence the use of imported #LNG for the power sector has limited applications in the future. Feedstocks is the primary use case. @ColumbiaUEnergy

[Pipeline & Gas Journal @PipelineandGas]

A Greek LNG buyer has expanded its long-term partnership with Venture Global, a move that could further strengthen a key energy corridor serving Central and Eastern Europe.

https://t.co/KgKObjB04v

[Cisco Industrial IoT @CiscoIIoT]

Watch as we bring our demos from ITS America 2026 directly to you. See how Cisco is securely connecting critical transportation infrastructure and helping agencies build the foundation for safer, smarter, and more resilient roadways.

Learn more: https://t.co/Yv7mFwhVbP

[Pipeline & Gas Journal @PipelineandGas]

One of North America's newest floating LNG export projects could see a significant ownership change as its developer moves forward with a broader financial restructuring plan. #LNG

https://t.co/Bt62KODeJB

[Velina Tchakarova @vtchakarova]

There’s the world of the Constructivists in the West, and then there’s the real, brutal world of energy and other commodities. Every Constructivist has a plan until they get punched in the face by reality. @CommodMkt

[Pipeline & Gas Journal @PipelineandGas]

New tanker movements suggest #LNG exports are still finding a path through one of the world's most closely watched energy chokepoints despite ongoing regional disruptions. #Iran #Hormuz

https://t.co/W4etBzCWek