The tweet was deleted by the author.
But we saved everything 🙂.
Josh Young, a recognized industry analyst, has drawn attention to the impending test of OPEC+ spare capacity, recalling similar challenges faced in 2020 and 2022.
In a recent tweet, Young suggested that unresolved tensions from his 2021 publication about remaining OPEC+ capacity might soon resurface as the market nears another critical juncture. This development comes as global demand pressures continue to exert influence on energy markets, possibly testing the elasticity of OPEC+'s output policy.
Young’s analysis of spare capacity comes amid mounting uncertainty in global energy dynamics—a theme he explored while assessing the potential impact of policy shifts like Abenomics 2.0 and possible yen devaluation on commodity prices. His scrutiny of the reliability of official data, notably in relation to EIA gasoline demand reporting, further underscores his focus on the complex interplay between macroeconomic policies and energy market responses.