COLUMN: Rice prices are heading to ~18-year low. "In a world worried about looming food shortages triggered by the climate crisis, the collapse in rice prices is evidence that interventions by governments and modern agricultural methods may save the day" www.bloomberg.com/opinion/arti...

WEEKEND LONG-READ: War in the age of American oil imperialism. The shale revolution has given the White House a freer hand in the Middle East — but that advantage isn’t limitless. @opinion.bloomberg.com #OOTT #IranIsraelConflict www.bloomberg.com/opinion/feat...

COLUMN: Largely unnoticed, the Chinese coal-to-chemicals industry has reached gargantuan proportions. If it was a country, it would rank as the world's 3rd largest coal consumer. That as big implications for climate and energy policy. @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

Coconut oil just hit a record high, and your ice cream budget might take the hit. @javierblas.bsky.social explains why fuel demand in Asia is to blame 🎥

COLUMN: Ice cream inflation is arriving just ahead of the summer. 🍦 🌞 📈 “It's perhaps one of the most bizarre examples of how commodity policy and markets ricochet: The need for cheap fuel in Asia means more expensive ice cream in the West” @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

COLUMN: At current prices, US shale oil output has probably peaked. Just don’t expect a rapid decline like the downturns of 2015 and 2020; the most likely trajectory is an undulating plateau. @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

COLUMN: The four most dangerous words in finance are “this time is different.” History suggests that when Saudi Arabia launches a price war against one of its OPEC+ allies, it ultimately succeeds — but this time really will be different. @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

COLUMN: It's time to discuss how electrifying everything comes with plenty of risks of its own. My take on today’s IEA/UK conference on “The future of energy security”, including tidbits from the conference confidential background paper. @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

COLUMN: How do you say "drill, baby, drill" in Mandarin? Call it “zuan ba, bao bei, zuan ba." China may not have a drilling slogan, but it just lifted oil production to an all-time high, surpassing a peak set 10 years ago. My @opinion.bloomberg.com column: www.bloomberg.com/opinion/arti...

COLUNM: COLUMN: Has oil reached a buy-first-and-ask-questions-later moment? Not even close. Just because prices have fallen to a 4-year low doesn’t mean oil is a bargain. It does mean that it’s cheap. But what’s cheap could become cheaper. @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

COLUMN: The US oil industry has done more to reduce its country’s trade deficit than any other. Now, President Donald Trump, in theory the champion of “drill, baby, drill,” risks killing it with his obsession with $50-a-barrel oil. @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

COLUMN: The economy is slowing down - and Saudi Arabia is hiking oil output to teach a lesson to OPEC cheaters. Cynical oil investors should be forgiven for having a case of déjà vu: it happened too in 1997, and it ended badly for prices. @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

COLUMN: The race to rebuild European natural gas storage has started -- but don't expect anyone rushing. As it currently stands, the invisible hand of the market doesn't help, and utilities and traders will take a wait-and-see approach. @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

COLUMN: In 1970, NASA described the Apollo 13 mission as "successful failure." The same can be said about oil giant Shell's strategy. Shell has done what it promised — a success. But hasn't closed the valuation gap with US rivals — a failure @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

Heathrow airport's shutdown suggests not paying for adequate back-up systems is a false economy, writes @javierblas.bsky.social ⬇️

COLUMN: There's a lot more oil than crude in today's petroleum market. In trying to gauge oil prices, it helps to count the barrels — all of them. And that includes natural gas liquids and condensates. And to know the OPEC+ loopholes. @opinion.bloomberg.com #OOTT www.bloomberg.com/opinion/arti...

COLUMN: Despite a ~$30-a-barrel sell-off over the last 18 months, I'm still (somewhat) bearish. The oil market and the industry face significant headwinds - above all: OPEC+ is boosting output and Trump wants much lower prices. @opinion.bloomberg.com #OOTT www.bloomberg.com/opinion/arti...

COLUMN: President Donald Trump won’t make American farming great again. Quite the opposite: Trump is on a trade wars path that will inflict long lasting damage to rural America. @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

Oil is trading today at the same level as 20 years ago. Even without adjusting by inflation, in mere nominal terms, a barrel of Brent crude cost today as it did in mid-2005. Add on top cumulative inflation, and this is a huge loss of purchasing power for OPEC+ @opinion.bloomberg.com

COLUMN: After the OPEC+ output hike, the chatter about an “oil grand bargain” isn’t geopolitical fantasy. The US, Russia and Saudi Arabia may work alongside in the oil market, if not explicitly then tacitly. But can they agree on prices? @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

VIDEO COLUMN: Fantasy minerals. Many people — not least of all, US President Donald Trump — seem convinced Ukraine has a lot of rare earths minerals. It’s utter nonsense. @opinion.bloomberg.com #Ukraine www.instagram.com/reel/DGh4kw5...

COLUMN: The return of Russian commodities? With the exception of natural gas, they never really left. Still, the oil and commodities sanctions regime against Russia is already crumbling, in reality if not in law yet. #Ukraine #Russia @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

COLUMN: What Ukraine has is scorched earth; what it doesn’t have is rare earths. Surprisingly, many people — not least, US President Trump — seem convinced the country has a rich mineral endowment. It’s a folly. [FREE TO READ] #Ukraine @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

COLUMN: Don’t call them “critical minerals” and use their old name: “minor metals” Yes, they are important, but their US dollar value is too small to matter. So don't believe the hype about the repercussions of China's export restrictions @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

COLUMN: "Hope isn't a strategy" My @opinion.bloomberg.com column on the European gas market. Replenishing stockpiles this summer is critical. "Short of going naked into next winter, Europe still needs lots of gas. I’d rather head into winter fully clothed" www.bloomberg.com/opinion/arti...

VIDEO COLUMN: Coffee inflation. I cannot live without my caffeine fix, particularly since my efforts to clone the looks of George Clooney hooked me into the capsules. Sadly, my espresso is going to get expensive in 2025. Very expensive. @opinion.bloomberg.com www.linkedin.com/posts/javier...

COLUMN: Gone with(out) the wind. The collapse of the Norwegian gov last week is a wake up call that the European electricity market is dysfunctional, prices are too high and the lack of baseload and dispatchable generation is a concern. @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

COLUMN: OPEC+ won't be able to resist Donald Trump's pressure for a lower oil price for long. By happy coincidence, the cartel doesn’t need to lose face. Pleasing Trump could be presented simply as following the existing plan. @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

VIDEO COLUMN: Greenland isn't Wonderland. Every few years, a craze engulfs the commodity industry. The buzz of today is #Greenland. So large are its riches that US President Donald Trump wants it. Trouble is, the theory of its commodity riches is utter nonsense. www.linkedin.com/posts/javier...

COLUMN: Coffee is the next inflation shock. If anything, the only question is why retail prices aren’t much higher already. In nominal terms, wholesale coffee is at the highest price level ever, having surpassed the peak set in 1977. @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

COLUMN: Every few years, a craze about unimaginable riches engulfs the commodity industry. The buzz now is Greenland — so large is its mineral wealth that US President Donald Trump wants it. Trouble is, the theory is utter nonsense. @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

COLUMN: The twilight of Saudi oil in America. In 2024, US imports of Saudi crude plunged to a ~40 years low — and the drop will deepen further in 2025 as one of the last remaining refiners buying the barrel closes. Read my @opinion.bloomberg.com column here: www.bloomberg.com/opinion/arti...

COLUMN: Europe will have a natural gas problem this summer -- exactly when, seasonally, demand drops and prices typically fall. And that means the higher-for-longer outlook for regional gas prices just got a bit higher and longer. @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

COLUMN: New Year Preview. Before it’s too late, order your espresso. It will be more expensive in 2025, and anyone trading — or observing — energy and commodity markets into the new year will need caffeine to survive. @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

COLUMN: The olive oil crisis is over. Extra virgin olive oil wholesale prices have already fallen ~55% from their February record high; retail prices will soon follow. But, and this is a rather large but, all problems aren't solved. @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

COLUMN: Consign coal to history? Forget it. China pushed global coal demand to a record high in 2024, @iea.org said in its coal flagship report. IEA has now ditched its "peak coal" theory and sees higher demand in 2025, 2026 and 2027. @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

Attention all: @javierbias.bsky.social is an impersonator. I have reported them and please do the same. And ignore all their direct messages about crypto investments

COLUMN: If anything differentiates Exxon from the rest is its ability to invest countercyclically — to be "greedy only when others are fearful," in Warren Buffett’s words. For a while, Exxon lost that ability -- now, it has regained it. @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

COLUMN: BP's future as a standalone entity is bleak. The board should put the British oil company up for sale. #OOTT $BP @opinion.bsky.social www.bloomberg.com/opinion/arti...

COLUMN: The new Swiss report on commodity speculation reads like an all-nighter effort by a first-year college student — or something spat out by ChatGPT when asked to write it with no original research, no criticism, and without naming names. @opinion.bsky.social www.bloomberg.com/opinion/arti...

COLUMN: The best scandals are those that start when someone decides to say something utterly shocking: the truth! An OPEC+ official has said publicly what many thought privately — the group has been keeping oil prices too high. #OOTT @opinion.bsky.social www.bloomberg.com/opinion/arti...

COLUMN: OPEC+ will find Kazakhstan chafing even more than usual against oil production quotas in 2025 as the country expands its biggest oilfield | @opinion.bsky.social #OOTT www.bloomberg.com/opinion/arti...