After 8 months of closed-door meetings, the DOE will present plans to fix the nuclear fuel chain... 

...and just like that...

Destocking isn’t sustainable as stocks have a natural lower bound, after which the main rebalancing mechanism in the absence of a supply recovery is demand reduction.

The administration wants the DOE to fix the grid, and now the tools are finally available...

"Futures prices are meant to do the job of giving signals to sort out supply and demand. We are doing the opposite," she said in a panel.

"Iran would need to begin reducing production after roughly 16 days of a total export blackout, with curtailments then ramping up toward full export-volume shut-ins, or around 1.9 mbd, closer to day 30." - JPM

“How long can they do this for? Probably for about another three weeks and then I think at that point they would have to revise their position."

"The supply shock is transmitting faster and at a greater magnitude..." 

The forecast is “preliminary,” said grid officials, who may request changes to the analysis. It is based on ERCOT forecasting, as well as utilities working directly with large load customers.

"The capex-return relationship has flipped." 

More than 224,000 new electric passenger cars were registered in March alone across 15 key EU + EFTA markets. These sales accounted for as much as 22% of all new passenger car sales across the key European markets...

Although only contributing a small share of this total growth, demand from electric vehicles and data centres grew rapidly. In the United States, data centres made up half of all growth in electricity use...

Contamination area spreads to 10,000 square meters.

"It is a little bit of a more challenging, softer period that we need to be careful of. Frankly, it could be very choppy"

The US might finally see the construction of a new large reactor...

Kuwait has declared force majeure on shipments of crude oil and refined products after disruptions at the Strait of Hormuz prevented some vessels from entering the Persian Gulf...

Confirming the Schrodinger nature of the notorious waterway, the Strait of Hormuz is now just closed even more than before Iran and the US said the vital oil channel had been reopened.

All service from Toronto and Montreal to John F. Kennedy International Airport will be suspended starting June 1, 2026...

The U.S. leads today but ranks second (to China) when planned projects are included...

Long-term refinery closures and rising import dependence have left Europe highly exposed, with limited alternatives and growing competition from Asia...