Javier Blas
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javierblas.bsky.social
Javier Blas
@javierblas.bsky.social
Energy and commodities columnist at Bloomberg. Co-author of the 'The World for Sale' http://amzn.to/3t6dVJV Any views expressed are my own. jblas3@bloomberg.net
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...
April 22, 2025 at 10:14 AM
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
March 6, 2025 at 3:46 PM
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...
January 13, 2025 at 9:27 AM