With U.S. markets closed Friday July 4th and reduced trading volumes expected through the long weekend, we're providing an extended edition with additional analysis and weekend reading (and listening) to keep you informed during the holiday break.
Listen: Energy’s Bitcoin Revolution with Lisa Hough & Dan Morrisson
Host Alex Melvin explores the intersection of Bitcoin mining, AI data centers, and the energy sector with industry experts Lisa Hough and Dan Morrison. The discussion covers Bitcoin mining industrialization, energy optimization strategies, and how energy companies can monetize underutilized assets through strategic digital infrastructure partnerships.
Listen: On the web | On Spotify
The Mobius team discusses the recent market activity caused by the Iran-Israel conflict beginning June 12th and subsequent U.S. strikes on Iranian enrichment facilities. This timely analysis explores the critical importance of execution strategies during volatile periods, emphasizing how prepared market participants can capitalize on disruptions while managing downside risk.
The conversation covers practical execution strategies during weekend and holiday periods when traditional market infrastructure may be limited but price discovery continues through global markets. The team examines how trade volumes and client activity patterns shift during geopolitical events, providing insights into positioning ahead of major market-moving developments.
Listen: On the web | On Spotify
Want to chat markets and fundamentals with our physical and financial strategy experts? Book an intro to our team here.
Recent Market Intelligence
Global Production Leaders See Capacity Reshuffling | Read Full Analysis
The world's top 10 oil producers remained unchanged in 2024 despite OPEC+ curtailments, while fastest-growing producers saw significant movement. Canada's post-TMX expansion (+240 kb/d) and Guyana's continued surge (+225 kb/d) led growth, while Nigeria's Dangote refinery commercialization (+501 kb/d) topped refinery capacity additions.
Demand Signals from Global Manufacturing Activity | Read Full Analysis
The J.P. Morgan Global Manufacturing PMI increased to 50.3 in June from 49.5 in May, crossing the 50.0 no-change threshold for the first time in three months. This signals marginal expansion in global manufacturing activity and potential upside surprises to global commodity consumption heading into 2H25.
Record Midwest Refinery Utilization Drives Storage Draws | Read Full Analysis
Midwest (PADD2) refineries posted back-to-back seasonally-adjusted record throughput of over 4.2 MMb/d in late June, bringing the region's streak of 2014+ top-decile SA refinery runs to four. Strong demand has kept pressure on Cushing storage levels, reinforcing strength in the prompt WTI-Brent spread.