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Javier Blas

Javier Blas

Fortune

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Your Cup of Morning Joe Is About to Shock You

Your Cup of Morning Joe Is About to Shock You

“Why everybody did not buy coffee I cannot tell you,” writes Edwin LeFevre in his 1923 classic Reminiscences of a Stock Operator about the...

21.01.2025 10

Bloomberg

Javier Blas

Trump's Folly? Greenland for Critical Minerals Is Utter Nonsense

Trump's Folly? Greenland for Critical Minerals Is Utter Nonsense

Every few years, a craze engulfs the commodity industry: A new and exotic source of mineral supply is about to emerge, solving all the world’s...

16.01.2025 10

Bloomberg

Javier Blas

US Reliance on Saudi Oil Is Nearing Its Endgame

US Reliance on Saudi Oil Is Nearing Its Endgame

For decades, one of Saudi Arabia’s most strategic overseas outposts was a little-known office in New York City that coordinated its oil sales to...

14.01.2025 10

Bloomberg

Javier Blas

Europe’s Summer Will Bring Worries About Next Winter’s Gas

Europe’s Summer Will Bring Worries About Next Winter’s Gas

Most years, few have to worry about natural gas from April to September. In Europe, the winter season is over and, barring a small number up north,...

07.01.2025 4

Bloomberg

Javier Blas

Prepare for a Bumpy Year in Coffee, Oil and Other Commodities

Before it’s too late, order your espresso. It will be more expensive in 2025, and anyone trading — or observing — energy and commodity markets...

31.12.2024 10

Bloomberg

Javier Blas

We’re Burning More Coal Than Ever Thanks to China

The UK celebrated Oct. 1 as the first day in nearly 150 years when its power plants didn’t burn a single lump of coal to generate electricity....

19.12.2024 10

Bloomberg

Javier Blas

Exxon Mobil Plots the Way Back to a League of Its Own

If anything differentiates Exxon Mobil Corp. from the rest is its ability to invest countercyclically — to be "greedy only when others are...

12.12.2024 6

Bloomberg

Javier Blas

BP’s Chairman Needs to Put the Company Up for Sale

In the spring of 1998, with oil hovering near $10 a barrel, BP Plc reached a dismal conclusion: Its future as a standalone company was grim. So...

09.12.2024 3

Bloomberg

Javier Blas

Switzerland Flunks Its Study of Commodity Speculators

The Swiss federal government had a simple request from its lawmakers: Write a report about the impact of speculation on agricultural-commodity...

05.12.2024 10

Bloomberg

Javier Blas

BP Needs a Swifter Reality Check on Share Buybacks

In corporate-speak, when a company says a key target is “currently” unchanged but it plans to disclose a “review” soon, you know trouble is...

29.10.2024 1

Bloomberg

Javier Blas

Rio Tinto Makes a Multibillion-Dollar Bet Against China

In commodity markets, betting against China is rarely a good idea. And yet, that’s what mining behemoth Rio Tinto Plc is doing with a $6.7 billion...

10.10.2024 9

Bloomberg

Javier Blas

Why the Market Shrugs Off the Mother of All Oil Shocks

When Israel invaded Lebanon in July 2006, oil prices jumped nearly 10%, rising to about $80 a barrel. Fast forward to the present day, and the...

09.10.2024 20

Bloomberg

Javier Blas

The Oil Price That Matters Now Is $50 a Barrel, Not $100

When thinking about oil, Saudi Arabia and OPEC , the fabled $100-a-barrel target isn’t relevant any more. In truth, it hasn’t been since June,...

02.10.2024 5

Bloomberg

Javier Blas

China Has Broken the ‘Critical Minerals’ Market

Billionaire Elon Musk called them the “new oil,” complaining about their “insane” cost. The White House dangled subsidies to whoever could...

30.09.2024 3

Bloomberg

Javier Blas

The Cheating Game Inside the OPEC+ Oil Cartel

OPEC officials love to make Hollywood film references. Need to bash renewable energy? Gone With the Wind. Attack whoever forecast a peak in oil...

25.09.2024 2

Bloomberg

Javier Blas

I Want to Pay Higher Gas Taxes – And You Should Too

I drive an 10-year-old gasoline-fueled car. I need to say that up front because it’s important you know that I have skin in the game of my...

23.09.2024 3

Bloomberg

Javier Blas

OPEC+ Faces a New Problem: A Texas Gas Pipeline

Now is the moment when common sense says the US shale industry should be slowing. With oil prices plunging 25% over the last year, you’d expect...

17.09.2024 20

Bloomberg

Javier Blas

Big Oil Faces a ‘Good Sweating.’ Some Aren’t Fit

When John D. Rockefeller wanted to punish a rival, he cut prices to force them to operate at a loss. The father of the modern oil industry had a...

10.09.2024 30

Bloomberg

Javier Blas

OPEC+ Kicks the Can Down a Very Uphill Road

OPEC is like a teabag – it only works in hot water. The late Robert Mabro Bloomberg Terminal , one of the savviest oil-market observers, liked to...

05.09.2024 1

Bloomberg

Javier Blas

In Europe’s Gas Market, Enough May Not Be Enough

When is enough still insufficient? Looking at recent price action, commodity traders — and lots of speculators — reckon that’s probably the case...

27.08.2024 20

Bloomberg

Javier Blas

Welcome to the End of the Biggest Commodity Boom

Oil, copper, soybeans and a handful of others monopolized the attention — but of all commodities, the humble lump of iron ore benefited the most...

19.08.2024 10

Bloomberg

Javier Blas

A Break in the Weather: Good News From the World’s Farms

The headlines suggest catastrophe for the global food supply: Biblical heatwaves, floods, storms and wildfires. And yet, in the world’s...

14.08.2024 7

Bloomberg

Javier Blas

OPEC+ Will Struggle to Defend Oil Prices Above $75 for Long

After abandoning its pursuit of $100-a-barrel oil in June, OPEC faces a new challenge. Increasingly, the market is testing its downside tolerance....

07.08.2024 4

Bloomberg

Javier Blas

Old King Coal Remains Omnipotent and Omnipresent

Every second, the world burns 275 metric tons of coal – enough to fill 10 large dump trucks. That makes nearly 17,000 tons per minute, or one...

25.07.2024 10

Bloomberg

Javier Blas

The Rice Price Scare is Over — Let’s Learn the Lessons

Wheat and corn are the most actively traded grains in financial markets. But they can’t damage the global economy like rice. The staple for half...

19.07.2024 10

Bloomberg

Javier Blas

Pity Hedge Funds That Lost in Electricity Chaos — No, Really

When European electricity markets recently went haywire for 24 hours, a group of high-flying hedge funds lost money. Given their size, the amounts...

16.07.2024 30

Bloomberg

Javier Blas