Javier Blas5d ago
RT: @MakaiMarine Given the abundance of inventory fear porn in the market, I was able to provide some context to the right chart during the webinar, pointing out that European jet inventories were at 43 days of demand a few times during the boom years of the 2000s.
#oott #tankers $ASC $STNG $TRMD
Javier BlasMay 21
RT: @dmarino4 The surge in the cost of jet fuel since the start of the Iran war is highlighting the vast disparity between airlines that hedge well, hedge poorly and don't hedge at all... w/@nathanrisser1 @Nich_Lua @alexlongley1 https://www.bloomberg.com/news/articles/2026-05-21/jet-fuel-s-war-surge-vindicates-airlines-who-stuck-with-hedging?utm_source=website&utm_medium=share&utm_campaign=twitter #OOTT
Javier BlasMay 12
RT: @staunovo US energy deptartement: companies borrow 53.33 mln barrels of crude oil from SPR out of 92.5 mln barrels offered #oott
Sven-Erik VolbergMay 6
Global total yes. But not all players are the same. After drawing between 17-24 April, Chinese crude oil inventories have been building again since 24 April. Prefering to pay higher price now while having better cover for very much higher price later #oott

RE: https://bsky.app/profile/did:plc:5u54z2qgkq43dh2nzwzdbbhb/post/3ml5fqyzgn52b
Javier BlasApr 7

RT: @alexlongley1 A short summary of oil at the moment:

Dated Brent: $141, very prompt, very expensive
May WTI futures: $114, less prompt, still pretty expensive
June Brent futures: $110, even less prompt, still pretty expensive, not cheaper than June WTI futures

#OOTT

Javier BlasApr 2
RT: @IliaBouchouev While a reference to de-minimus interest in $450 calls got some attention, I think a more interesting and relevant data point is -$45 put on wti-brent arb which has been trading in decent size over the last few days. Someone is pricing Brent to follow the path of Dubai.
#oott
Javier BlasMar 30
RT: @IliaBouchouev Oil positioning update: Producers continue hedging in style (via swap dealers); merchants (trade shops) are taking the other side (long) in WTI and retail does it in Brent. Funds are on the sideline and some are derisking both longs and shorts given the vol levels.
#oott
Javier BlasMar 27

RT: @ARaj_Energy 2 choices

1) most delicious TACO of all time

2) one of the most epic macro meltdowns of all time

#oott #ongt #opec #iranwar

Javier BlasMar 26

RT: @ARaj_Energy Next week will be more of this week. A LOT of noise.

Can’t chase every single headline. Bottom line — #IranWar is unsustainable

#OOTT #Opec #ONGT

Sven-Erik VolbergMar 24
Yanbu has allowed #SaudiArabia to revive half of the shipments it would have sent through Hormuz Additionally, as the cost of lifting Saudi crude from the Red Sea has fallen by 60% they are not losing (that much) money. Might be the reason for their more militant tone #oott