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- Indexed articles, last 90 days
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- Sep 16, 2026
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- Jul 9, 2026
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Petroleum Economist (opens the original)
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The global energy system is finding itself with potentially more choice, more electrification and more varied resources, and with it more complexity and greater upfront costs. The recent crisis in the Middle East has served as a powerful lesson that resilience, diversification and flexibility eclipse efficiency, near-term affordability and a one-size-fits-all approach. This new expanding network of supply chains is only as strong as its weakest link, however, and to realise cheap energy in the l
Petroleum Economist (opens the original)
Read excerpt
The global energy system is finding itself with potentially more choice, more electrification and more varied resources, and with it more complexity and greater upfront costs. The recent crisis in the Middle East has served as a powerful lesson that resilience, diversification and flexibility eclipse efficiency, near-term affordability and a one-size-fits-all approach. This new expanding network of supply chains is only as strong as its weakest link, however, and to realise cheap energy in the l
Petroleum Economist (opens the original)
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In our August report, Petroleum Economist said Brent was coalescing close to $90/bl. We may have undersold it. The IEA now has 2026 global oil supply falling 5.7m b/d, a full 1.3m b/d worse than its own August estimate, with the expected Gulf recovery pushed back into 2027 entirely. Demand is now forecast to fall by 2.5m b/d this year, 940,000b/d steeper than August's call. Dated Brent physical surged to $113.48/bl on 9 September. The anchor may now be triple digits, and the key is what is happe
Petroleum Economist (opens the original)
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The war has spread from the Strait of Hormuz. The US systematically destroyed Iran's tanker fleet across two waves of strikes last week; Iran declared an exclusion zone outside Hormuz and fired missiles at US targets in Jordan; the Houthis broke a four-year truce with Saudi Arabia and reportedly advanced towards the island that controls the Bab el-Mandeb strait; and Saudi Arabia shut its last major bypass pipeline. Brent topped $107/bl, its highest since May, even as the IEA delivered the first
Petroleum Economist (opens the original)
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Dust off your worst-case scenarios again for oil and gas supply after the latest US-Iran flare-up. Iran fired ballistic missiles directly at a US aircraft carrier and destroyer this weekend; Washington responded by disabling or destroying three Iranian oil tankers. Brent is back near $100/bl, up roughly 10% over four weeks, and OPEC+ used its scheduled pause—not a crisis response—to step back from the market entirely. Underneath the war headlines, the sharper story for anyone actually buying fue
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