Oil Price
LONDON / SINGAPORE — The global economy is reeling this Monday, March 2, 2026, following a weekend of unprecedented military escalation in the Middle East that has culminated in the Islamic Revolutionary Guard Corps (IRGC) effectively shutting down the Strait of Hormuz. The blockade, a direct retaliation for joint US and Israeli
oil prices
Energy markets shifted into a state of high alert on March 2, 2026, as West Texas Intermediate (WTI) crude oil prices surged past the $70.65 per barrel mark. The dramatic jump follows a weekend of intense military escalation in the Middle East, characterized by targeted strikes against Iranian infrastructure
oil prices
HOUSTON/LONDON – Global energy markets were thrown into a state of frantic volatility on Monday, March 2, 2026, as oil prices staged one of their most dramatic single-day rallies in recent years. West Texas Intermediate (WTI) futures surged over 7%, racing toward the $72 mark, while the international benchmark Brent
US-Iran Tensions
TEHRAN/WASHINGTON — As of February 27, 2026, the Persian Gulf has transformed into a high-stakes arena of military posturing and diplomatic failure, pushing the global energy market to its most volatile state in years. Following the collapse of the third round of nuclear negotiations in Geneva yesterday, the United States
Natural Gas
The U.S. Energy Information Administration (EIA) released its latest weekly storage report on February 26, 2026, confirming that the massive withdrawals triggered by mid-winter Arctic blasts have left domestic natural gas inventories at their lowest late-February levels in years. While the most recent weekly draw of 52 billion cubic
Cheniere Energy
In a definitive display of operational dominance and strategic timing, Cheniere Energy (NYSE: LNG) reported a staggering fourth-quarter 2025 earnings per share of $10.68 yesterday, February 26, 2026. This figure blew past analyst expectations of roughly $3.90, marking a watershed moment for the Houston-based liquefied natural gas (LNG)
Natural Gas
The natural gas market has undergone a dramatic reversal in late February 2026, as the "weather premium" that propelled prices to historic highs just weeks ago has completely evaporated. After a period of extreme volatility, natural gas prices have surrendered to persistent negative pressure, decisively breaking below the
oil prices
As of February 24, 2026, the global energy market is locked in a high-stakes tug-of-war between escalating geopolitical risks and cooling economic demand. Crude oil prices have surged to six-month highs this week, driven by a "geopolitical risk premium" as the United States and Iran teeter on the
oil prices
Crude oil prices have climbed to their highest levels since August 2025, with West Texas Intermediate (WTI) trading near $66.50 and Brent crude hovering around $72.00 per barrel. This sharp upward trajectory follows a series of escalations in the Persian Gulf and a hardening of rhetoric from the
Saudi Aramco
As of February 20, 2026, Saudi Aramco (TADAWUL:2222) has transcended its role as the world’s largest oil producer to become the ultimate engine of national economic transformation. With a market valuation stabilizing at a staggering $1.66 trillion, the state-owned titan has embarked on an unprecedented series of
World Bank
The World Bank’s latest Commodity Markets Outlook, updated as of February 2026, forecasts that global commodity prices will plunge to their lowest levels in six years. Driven by a massive projected oil surplus and cooling industrial demand from China, the aggregate index of commodity prices is expected to fall
oil prices
Energy markets were sent into a frenzy on February 20, 2026, as West Texas Intermediate (WTI) crude oil surged to $66.5 per barrel, marking a six-month peak. The price spike follows a "perfect storm" of geopolitical brinkmanship and tightening domestic supply, leaving investors bracing for a volatile