@Nich_Lua

Oil Products Reporter at Bloomberg @business News | Usual disclaimers

 Singapore
Joined October 2013
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Saudi Arabia’s crude shipments in September jumped to the highest level since the start of the Iran war, after the kingdom quickly ramped up exports via the Strait of Hormuz following an attack on its key bypass pipeline. bloomberg.com/news/articles/…

Saudis Surge Oil Exports to War-Time Peak on Hormuz Ramp Up

Saudi Arabia’s crude shipments in September jumped to the highest level since the start of the Iran war, after the kingdom quickly ramped up exports via the Strait of Hormuz following an attack on...

bloomberg.com
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Nicholas Lua retweeted
Rakesh Sharma@journorakeshSep 1
How #India managed to keep millions of household kitchens supplied with #LPG as Iran war choked supplies? bloomberg.com/graphics/2026-…

How Cooking Gas Became a Barometer for the Iran War’s Energy Shock

Trade in liquefied petroleum gas has been redrawn over the past six months, becoming a microcosm of a global crisis.

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Saudi Arabia is yet again being forced to overhaul how its oil gets to customers around the world, as Yemen’s Houthis make it harder for Riyadh to use a backup route that’s been vital to the global economy since the Iran war started. bloomberg.com/news/articles/…

Saudi Oil Logistics Roiled Again by Houthis’ Red Sea Threat

Saudi Arabia is yet again being forced to overhaul how its oil gets to customers around the world, as Yemen’s Houthis make it harder for Riyadh to use a backup route that’s been vital to the global...

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Julian Hast@julianhastAug 17
Scoop: Tim Small, a senior natural gas trader within Energy Transfer LP’s intrastate group, has departed the Texas pipeline company after 23 years. #natgas $ET @Nich_Lua Full story on the Terminal.
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Rakesh Sharma@journorakeshJul 14
#Oil-product shipments from #India are on track to climb to their highest level since September as #refiners cash in on robust profit margins after a #Russian export ban and hostilities in the Middle East tightened supplies. With @Nich_Lua bloomberg.com/news/articles/…

India Refiners Reap Fuel Export Windfall as War Drives Shortages

Oil-product shipments from India are on track to climb to their highest level since September as refiners cash in on robust profit margins after a Russian export ban and hostilities in the Middle...

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I wrote about Walter Benjamin, the Angel of History, staying at the new hotel in Auschwitz for the 80th anniversary celebration of the liberation of the camps, and getting yelled at by a Polish tour guide for @JRBooks jewishreviewofbooks.com/jewi…

Angels, Chickens, and the Debris of History - Jewish Review of Books

Inside Berlin’s Bode Museum, Klee’s angel is staring at the exit sign, perhaps like me, looking for a way out.

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George Calhoun
@GeoCalhoun520Jun 26
The Greenspan Legacy forbes.com/sites/georgecalho…

Three Ways In Which Greenspan Changed Forever The Way Markets Work

Greenspan's most important legacy is the impact he had on the behavior of financial markets — e.g. the Greenspan Put which linked Fed policy to stock market performance

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David Marino@dmarino4May 21
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 bloomberg.com/news/articles/… #OOTT

Jet Fuel’s War Surge Vindicates Airlines Who Stuck With Hedging

The surge in the cost of jet fuel since the start of the Iran war is highlighting the vast disparity in how well individual airlines protect themselves against a price spike.

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Rakesh Sharma@journorakeshMay 15
India’s consumers — hit with the first fuel price hike in four years — will likely face more such rises in the near term, as the government grapples with the economic impact of a months-long conflict in the Persian Gulf. bloomberg.com/news/articles/…

India Braces for More Fuel Hikes As Iran War Forces Modi’s Hand

India’s consumers — hit with the first fuel price hike in four years — will likely face more such rises in the near term, as the government grapples with the economic impact of a months-long conflict...

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Javier Blas
@JavierBlasMay 2
China ordered its national companies to ignore US sanctions on domestic oil refiners that Washington said were buying Iranian oil. In a rare order issued on Saturday, it said Chinese entities shall "not recognize, implement, or comply with the sanctions" in order to "safeguard national sovereignty, security, and development interests." mofcom.gov.cn/xwfb/xwfyrth/a…
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Javier Blas
@JavierBlasApr 26
You know Asia is truly short of crude oil when Japanese television covers the arrival of a single oil tanker from America as a major news story
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Bloomberg
@businessApr 25
The Strait of Hormuz crisis represents “the biggest energy disruption we’ve ever seen,” despite oil prices not yet reaching the inflation-adjusted equivalent of previous highs, S&P Global Vice Chairman Daniel Yergin warned on Saturday. bloomberg.com/news/articles/…

Hormuz Crisis Is ‘Biggest Energy Disruption Ever,’ Yergin Says

S&P Global Vice Chairman Daniel Yergin warned that the Strait of Hormuz crisis represents “the biggest energy disruption we’ve ever seen,” despite oil prices not yet reaching the inflation-adjusted...

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Javier Blas
@JavierBlasMar 19
Qatar state-owned LNG giant QatarEnergy has published a statement detailing the overnight damage, providing more granularity (particularly around the damage of the GTL plant).
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“Let me (not) take you far away. You can’t afford a holiday.” Singapore jet fuel benchmark, ladies and gentlemen:
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Ziad Daoud@ZiadMDaoud8 Dec 2025
"It’s uncommon for a city to have even one sovereign wealth fund; the UAE’s capital has three" This piece is a nice overview of how and where Abu Dhabi invests its wealth bloomberg.com/graphics/2025-…
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.@NayaraEnergy, part-owned by @RosneftEN, tightened conditions for selling products after European Union imposed #sanctions, highlighting the fallout for the processor, its customers, and the wider market from the tougher restrictions. with @Nich_Lua bloomberg.com/news/articles/…

Russia-Linked Refinery in India Seeks Early Payment After Curbs

An Indian refinery part-owned by Russia’s Rosneft PJSC tightened conditions for selling products after the European Union imposed sanctions on the company, highlighting the fallout for the processor,...

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#Russian #energy giant #Rosneft’s plan to sell its stake in India-based Nayara Energy Ltd. may be imperiled by fresh restrictions from the European Union. With @Nich_Lua #sanctions #oil bloomberg.com/news/articles/…

Europe Sanctions on India’s Nayara Energy Puts Its Sale at Risk

Russian energy giant Rosneft’s plan to sell its stake in India-based Nayara Energy Ltd. may be imperiled by fresh restrictions from the European Union.

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The British Conquest of Punjab A thread🧵
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Javier Blas
@JavierBlas11 Jul 2025
The pressure this month on the "OPEC secondary sources" is quite strong. Effectively, Riyadh is trying to mask a large output hike in June. It reminds me of an episode in 2010, when KSA kept a ~1m b/d hike secret, as recounted — see below — by a top Saudi oil official #OOTT 1/4
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Tanker rates for vessels carrying refined oil products from the Middle East have surged in recent days, as the exchange of fire between Israel and Iran puts the flow of goods in the Hormuz Strait in the spotlight bloomberg.com/news/articles/…

Fuel Tanker Rates Surge as Mideast Conflict Puts Hormuz in Focus

The cost of hauling refined oil out of the Middle East surged on Tuesday as shippers reacted to the conflict between Israel and Iran.

bloomberg.com
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