(((David Gaffen))) 🇺🇸 Profile picture
Companies Breaking News editor, Reuters U.S.; former writer of WSJ's MarketBeat Blog. New Yorker.
Mar 10, 2022 • 42 tweets • 18 min read
Afternoon folks. Hard to tweet while putting out headlines on the wire itself, editing articles and running from spot to spot here. Were I not an editor! But still, a long thread on #CERAWeek We’re in a growing energy crisis that seems like it’s going to get worse – I’ll get to that later. The tenor of the conference here has been a combo of some dread – the reality of the surge in oil prices, emerging shortages in fuel and unfinished oils, and rising natgas prices.
Mar 8, 2022 • 4 tweets • 2 min read
A few reminders. Any efforts by the US to engage other nations in boosting oil supply are not because the US *needs* Russian oil, or any specific country's oil.

The US - and the globe - need enough oil to adequately meet demand. Foreign, or domestic. #OOTT If our production magically increased tomorrow by 3 million barrels a day, that would go a long way. But it can't.

there isn't an easy way out of the shortfall that's growing and going to get worse following the Russian invasion as the markets get more skittish. #OOTT
Apr 26, 2020 • 38 tweets • 16 min read
My take on the week that was, and what’s next. #OOTT #EFT #shale #OilPrice #crudeoil #OPEC

When oil became waste: a week of turmoil for crude, and more pain to come reut.rs/2xYTiFz So a bit more on this. A lot right now rests on what happens next, both in terms of various economic regions trying to recover a bit and find ways to do a bit more business - and whether that's possible. #OOTT #OPEC
Nov 6, 2019 • 24 tweets • 14 min read
WEDNESDAY MORNING IN ENERGY: Where I'm mostly just going to leverage the #Kentucky election to talk about Justified to try to get some eyeballs, mostly because lots going on! #OOTT #energy So today is where we've got a big day in Brazil - where they're auctioning off offshore rights on a whole load of acreage. #OOTT

Definitely need to follow @NoriegaMarta @mariannaparraga @G_Slattery on this one.

reuters.com/article/brazil…
May 10, 2019 • 26 tweets • 16 min read
FRIDAY MORNING IN ENERGY: And I’d like to talk energy, but really, I’ve got to talk trade first after we’ve got new tariffs coming, a lot of research notes, and very nervous markets… #OOTT #tradewar #China #trade … as always you can follow our coverage here on Reuters.com. Our lead story right now is, the US escalated the trade war with more tariffs after the Chinese made major changes in the agreement that blew everything up earlier in the week.

reuters.com/article/us-usa…
Jun 13, 2018 • 31 tweets • 17 min read
WEDNESDAY MORNING: Once again. Too much to explain, so best to sum up.

First off, #OPEC and its rapidly disintegrating deal, and Trump's part in that as well. #OOTT #Iran As is known, #Trump went out again on oil prices this morning - a week before the #OPEC deal that ratchets up, again, the tensions on whether #OPEC will do anything (which they're likely to do).