The Energy Desk

Find this episode on the Mobius website . Recorded on a Friday afternoon in Houston, Alex Melvin and Mohit Arora return to the Energy Desk for a crude-focused conversation covering six weeks of price action that took prompt month futures from above $80 to the high $60s — and the positioning, supply, and demand dynamics behind the move. The conversation opens with spec positioning. Brent shorts had...

Regional power market dynamics, shifting resource usage, and the reasons to pay attention to your basis risk exposure ‍ The discussion starts with a primer on Independent System Operators and the distinct fuel mixes and reliability profiles that shape each U.S. regional grid. From there, the focus turns to what makes ERCOT structurally different: no forward capacity auction, a reliance on scarcity...

Alex Melvin and Mohit Arora cover what has changed across the crude complex since late March. They walk through the U.S. shift from kinetic operations to an indefinite ceasefire and economic blockade against Iran, with Iranian storage now close to saturation and Kharg Island showing no loadings on satellite. The conversation also covers the UAE's May 1 exit from OPEC and its plan to roughly double...

Recorded Monday, March 30, Mohit and Alex cover where the Middle East supply disruption stands four weeks in — separating what the underlying data shows from the figures circulating in media coverage. Regional production curtailments are running between 8 and 10 million barrels per day, with Iraq and Kuwait bearing the largest share. Saudi Arabia has rerouted exports to Red Sea terminals via the E...

Recorded Wednesday, March 4, as U.S. and Israeli military operations against Iran were still unfolding — Mohit and Alex break down the market dynamics and what it means for participants across the sector. The immediate pressure point is the Strait of Hormuz, a critical oil chokepoint. When insurers pulled coverage for vessels transiting the region, tanker traffic dropped sharply — effectively stal...

Listen or watch this episode on your preferred podcast platform or on the Mobius website here . Episode Summary: In this episode of The Energy Desk, Mohit Arora and Alex Melvin break down the evolving geopolitical landscape between the United States and Iran and its significant impact on global energy markets. They dig into the fundamental trends shaping crude oil prices, from supply and demand dy...

Listen or watch this episode on your preferred podcast platform or on the Mobius Website here . In this episode of The Energy Desk, host Alex Melvin is joined by Wil Harris of Energy Substantiation to discuss energy commodity tokenization. Wil explains how his company, EnSub, is pioneering this space with the launch of WTI Coin, a digital token backed one-to-one by physical crude oil. They explore...

Listen & more show notes on MobiusRiskGroup.com In this episode of The Energy Desk, Drew Boyce and Alex Melvin dive into the aftermath of Winter Storm Fern and its significant impact on natural gas markets in early February 2026. The discussion covers production freeze-offs reaching 14-15 BCF per day, unprecedented price volatility in the Northeast with basis points in the $140s, and the stark...

Chapters 00:00 Introduction to Natural Gas Market Dynamics 02:52 Cold Weather Impact on Production and Prices 06:01 Market Sentiment and Speculation Shifts 08:49 Forecasting Challenges and Production Outlook 12:01 Regional Production and Weather Effects 14:47 European and Asian Market Interplay 18:04 LNG Demand and Future Capacity Growth 20:59 Volatility and Storage Capacity Concerns

In this conversation, Alex and Mohit discuss the current state of the crude oil market as they enter 2026. They cover various macroeconomic factors, including the impact of geopolitical events in Venezuela and Iran, the dynamics of US production, and the overall supply and demand signals in the market. The discussion highlights the complexities of the oil market and the potential for volatility in...

Find the full show notes here . In this episode of The Energy Desk from Mobius Risk Group, hosts Alex Melvin, Daron Bertillion, and Mohit Arora discuss the recent volatility in the energy markets, driven by the Middle East conflicts, specifically between Iran and Israel, and the subsequent U.S. strikes. They also examine the impaasizstrategies, emphons, and client , market condition trade volumeso...

Find the full show notes here . Alex hosts a discussion with Lisa Huff and Dan Morrison about the intersections between Bitcoin mining and the energy sector, covering topics such as the use of energy assets for Bitcoin mining, the challenges and opportunities for energy companies, and the potential future of Bitcoin as a global financial system. They discuss the potential for integrating Bitcoin m...

For more information on this episode, visit the Mobius site here . Peter Cork, an esteemed Australian robotics expert, joins the Energy Desk to discuss the evolution of robotics from the 1980s to the present day. The conversation covers a wide range of topics, including early industrial robots, the integration of AI, field applications in mining and agriculture, and the potential future of humanoi...

Find additional research and resources in the show notes . Samantha Hartke, head of market analysis for the Americas at Vortexa, discusses recent developments in global markets, focusing on OPEC production changes, the impact of sanctions on oil flow dynamics, and shifts in demand, especially in Asia. She also touches on the effects of new infrastructure like the TMX pipeline and broader trends in...

Find the research behind the episode in the show notes here: www.mobiusriskgroup.com/podcast/opec-iran-balancing-act The discussion addresses current events in global energy markets, focusing on crude oil performance, Middle East geopolitical dynamics, and upcoming OPEC meetings with significant production decisions. Additionally, the conversation covers US economic indicators such as job growth,...

Find the full show notes and research archive here . In this episode, Mohit Arora and TJ Pool discuss recent developments in natural gas markets, including speculator positioning, price trends, and market fundamentals. They analyze the impact of factors like seasonal weather, LNG export growth, and basis market volatility on natural gas prices and producer strategies.

For the full show notes and research behind the episode, visit here . In this discussion, Alex and special guest Mohit Arora, VP of Risk Analytics at Mobius, dive into current trends and statistical models in energy markets, focusing on WTI and Brent positioning, speculative metrics, and the impact of geopolitical and economic factors. They also explore broader economic indicators, the evolving ro...

Access the resources and data behind this episode in the show notes . This episode analyzes the ongoing US-China tariffs, their impact on US energy exports, and the resulting shifts in global energy markets. It also discusses OPEC's production policies, the global demand for oil and gas, and the potential geopolitical and economic ramifications involving key players like the EU, China, and Russia.

Access the research behind the episode in the show notes . Alex and Zane discuss the sweeping market impact of Trump's new tariffs, with commodities and equities tumbling across the board. They analyze exemptions for energy products, OPEC's surprise production increase, and debate whether AI-driven manufacturing could ultimately increase domestic energy demand despite current bearish sentiment.

Find the research behind the episode here . On this episode, hosts Alex Melvin and Zane Curry discuss various updates in regional pricing, tariffs, and the global crude and gas markets. Key topics include Western Canadian crude differentials, Mexican crude pricing trends, the Transmountain expansion project's impact on Canadian crude flow, and the geopolitical implications involving Venezuelan and...

Find the research behind the episode here . In this episode, Zane and Alex discuss the arrival of spring and explore several energy-related topics. Key points include OPEC's production plans, U.S. import tariffs on Canadian and Mexican energy, and recent changes in the global energy market. They also touch upon renewable energy trends in Texas, highlighting records in wind and solar output, and co...

Find the research behind the episode here . This episode covers the unexpected weather changes, the Russia-Ukraine conflict's impact on global energy markets, and the complexities of EU gas imports and storage. The discussion includes US and EU gas inventory levels, temperature normals, regulatory issues in the US Northeast, and OPEC's recent production changes. The episode also examines Russian e...

Find the research behind the episode and the show notes here . In this episode, Alex and Zane discuss Montana's current trade relationships and fuel prices, the implications of rising energy demand in developing nations, and forecast trends for global coal consumption. They explore the geopolitical and economic impacts of energy consumption, focusing on the ongoing necessity for coal and other ene...

Find the research behind the episode in the show notes here . The discussion centers around recent developments affecting the crude oil market, including President Trump's revocation of Chevron's special license in Venezuela, reaffirming Canadian and Mexican oil tariffs, and the potential long-term impacts on U.S. refiners. The conversation delves into the specifics of Venezuelan oil production, t...

Find the research behind this episode in the show notes here . In this episode, the hosts discuss the current state and future potential of nuclear power worldwide, detailing the number of nuclear reactors and their capacity in leading countries like the U.S., China, and France. They explore the pressing need for expanding nuclear capacity in the U.S. in light of growing demand from data centers,...