
Insider analysis on energy, markets, and geopolitics—and the power dynamics that quietly move prices. fgermini.substack.com
| Publishes | Daily | Episodes | 5 | Founded | 5 months ago |
|---|---|---|---|---|---|
| Categories | PoliticsBusiness NewsNews | ||||

This is a free preview of a paid episode. To hear more, visit fgermini.substack.com
ENERGY PIPELINE
by Felipe Vigne Germini
THE HORIZON | Friday Edition | June 5, 2026
This Sunday the OPEC+ ministers sit down in a room with a missing chair. The E... more
Every bank has the same Brent number for 2026.
Ninety-six dollars. Or ninety-five. Or a hundred. After a war premium that pushed crude to a hundred and seventeen in April, after the Gulf shut in ten million barrels a day, the sharpest desks on the S... more
The Platts assessment for USGC-Brazil 38kt MR clean products closed at $40.70/t on May 26.
Six weeks earlier, on April 14, the same route was at $137.36/t.
The freight market has returned the entire Hormuz war premium. The Worldscale rate is back t... more
Tuesday night, US Central Command struck two IRGC mine-laying boats in the Strait of Hormuz and a SAM site at Bandar Abbas.
Brent gave back two-thirds of its reopening rally by Wednesday open.
The Lloyd's market did not move at all.
This is a p... more
The War Premium Refuses to Die
The trade is the crack, not the flat price.
THE FLOW | WEEKLY ENERGY PIPELINE RECAP | MAY 18-22, 2026 | ISSUE W21/26 | FELIPE GERMINI
Most macro coverage this quarter is anchored on OPEC+ quotas and Chinese demand. T... more
Enquanto a Faria Lima discute "transição energética" e "governança", os bastidores do petróleo no Brasil e na América Latina exalam um odor familiar. Não é o do pré-sal. É o cheiro das velhas práticas que quase implodiram o país na última década.
Es... more
How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.
Apple Podcasts | #33 | |
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