Energy radar

Energy Radar brings together the signals, data points and developments shaping energy markets right now. A fast, focused view of what’s moving, where pressure is building and what deserves your attention.

Energy radar

This week in energy

A month of relative calm ended this week with fresh US strikes on Iran, missiles fired back and energy prices jumping before Washington tried to talk them down. Five signals from the week.

Sep 3, 2026

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2 min read

Energy radar

If you only read one thing this week

A useful way to step back from this winter’s squeeze and look at where Europe’s gas dependence is heading.

Sep 3, 2026

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1 min read

Energy radar

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That’s how many LNG cargoes Qatar exported in the first six months of the war. Over the same period last year, it shipped 509.

Sep 3, 2026

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1 min read

Energy radar

If you only read one thing this week

“Factcheck: How nuclear, gas, wind and solar power are affected during heatwaves” – Carbon Brief

Aug 20, 2026

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1 min read

Copper

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That’s the underlying EBITDA BHP made from copper last year – the first time in its history that copper has overtaken iron ore.

Aug 20, 2026

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1 min read

Energy radar

If you only read one thing this week

“The Global Oil Cushion Isn’t Really Hitting ‘Tank Bottoms’” – Javier Blas, Bloomberg Opinion

Aug 6, 2026

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1 min read

Energy radar

This week in energy

That is the going daily rate for an oil tanker in the Black Sea – roughly 50% more than a week earlier. The Strait of Hormuz still owns the headlines, but some of the week’s most revealing moves were happening elsewhere: in Black Sea freight, in Europe’s record-low gas stores and in a fight over who gets Australia’s gas.

Aug 6, 2026

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3 min read

Redundancy premium

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That is the combined reported net income of five Western oil majors – BP, Chevron, ExxonMobil, Shell and TotalEnergies – in the second quarter of 2026.

Aug 6, 2026

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1 min read

Hormuz bypass

If you only read one thing this week

“Saudi Arabia considers expansion of oil pipeline to Red Sea” – Reuters

Jul 30, 2026

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1 min read

Energy radar

This week in energy

The Middle East conflict crossed the 150-day mark this week – and widened again. US and Saudi aircraft struck Iran-aligned forces in Iraq. Saudi Arabia stopped routing new Red Sea crude cargoes south through Bab el-Mandeb. The Caspian Pipeline Consortium reopened its Black Sea terminal, only to suspend loadings again three days later. QatarEnergy bought US LNG to cover deliveries disrupted by Hormuz, while coal fell below half of China’s electricity mix for the first time. Five developments worth watching.

Jul 30, 2026

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2 min read

Redundancy premium

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That is the number of alternative routes available for Qatari and Emirati LNG bound beyond the Gulf if the Strait of Hormuz is blocked.

Jul 30, 2026

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1 min read

Energy radar

This week in energy

Brent fell below $69 a barrel at the beginning of July. On Thursday morning, it reached $98.76 – a rise of around 44% in three weeks and its highest level since early June. The week began with Saudi tankers turning away from Bab el-Mandeb. It ended with a confirmed Houthi strike, falling Kazakh production and oil closing in on $100.

Jul 23, 2026

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3 min read

Energy radar

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Global oil supply rebounded sharply in June. Even so, it remained 9.4 million barrels per day below its pre-war level, according to the International Energy Agency.

Jul 23, 2026

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1 min read

Energy radar

If you only read one thing this week

“The Middle East and Global Energy Markets” – IEA

Jul 16, 2026

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1 min read

US Iran blockade

This week in energy

Brent was trading around $70 in the post-MoU recovery phase. This morning, it is back near $85. The "wartime premium has disappeared" story lasted about ten days. What replaced it is familiar – and, according to at least one analyst, more dangerous than the first time.

Jul 16, 2026

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3 min read

LNG supply loss

If you only read one thing this week

“The Middle East and Global Energy Markets” – IEA

Jul 9, 2026

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1 min read

Hormuz bypass

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That is the share of Qatar’s LNG exports that transit the Strait of Hormuz, according to the IEA.

Jul 9, 2026

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1 min read

Energy radar

If you only read one thing this week

“The Hormuz Threat Oil Markets Are Ignoring” – OilPrice.com

Jul 2, 2026

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1 min read

Emergency stock release

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That is the cumulative oil supply loss from Middle East producers since the start of the Hormuz crisis, according to the IEA. It is the number sitting behind this week’s quieter Brent price.

Jul 2, 2026

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1 min read

Energy radar

If you only read one thing this week

“The Hormuz Threat Oil Markets Are Ignoring” – OilPrice.com

Jun 25, 2026

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1 min read

Brent crude contango

This week in energy

Brent has given back the war. The futures price now says the crisis premium has gone. The physical system says something more complicated: tankers are moving, inventories are still thin and the IRGC is still trying to define the terms of passage.

Jun 25, 2026

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2 min read

Energy radar

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That is how many vessels US CENTCOM said transited the Strait of Hormuz on 21 June 2026 – one day after Iran’s Revolutionary Guard declared the waterway closed again.

Jun 25, 2026

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1 min read

Energy radar

This week in energy

Three Saudi-flagged supertankers carrying 6 million barrels of crude have exited the Strait of Hormuz. The interim deal has been signed. Brent is back below $80. The physical reopening has begun – but the paper market is already pricing a recovery the physical system has not yet delivered.

Jun 18, 2026

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3 min read

Energy radar

If you only read one thing this week

“A fragile thaw in Hormuz but timing and sequence now matter” – Lloyd’s List

Jun 18, 2026

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1 min read

Energy radar

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That is the widely reported estimate for the Strait of Hormuz to reopen physically. The MOU itself guarantees toll-free passage for 60 days – but the physical constraints that 30 days cannot resolve are a different question entirely.

Jun 18, 2026

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1 min read

Energy radar

This week in energy

If you only read one thing this week

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If you only read one thing this week

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If you only read one thing this week

This week in energy

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If you only read one thing this week

This week in energy

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This week in energy

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If you only read one thing this week

This week in energy

If you only read one thing this week

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If you only read one thing this week

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If you only read one thing this week

This week in energy

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This week in energy

If you only read one thing this week

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Global Energy Dynamics