Volatile market conditions
Saudi Arabia wants Opec to keep cutting, despite the steady tightening of the market. It's a risky strategy
Get ready for the oil-market rollercoaster of 2018. Having paused for breath near $70 a barrel, the oil price now seeks direction—but the arrows point different ways. Eighty-buck Brent now looks distinctly plausible. But so, if less compellingly, does $40. The market is at a crux. Every bullish cylinder is now firing at once. The global economy is roaring ahead. Oil demand is surging. Geopolitical tensions are building. Crude and products inventories are shrinking. Speculators are hoovering up paper barrels. Opec is jawboning. Even the weather in big consumer countries has been cooler than normal. Lingering in the background are two potentially bearish forces: a big supply reaction, especial
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The global gas industry is no longer on the backfoot, hesitantly justifying the value of its product, but has greater confidence in gas remaining a core part of the global energy mix for decades
18 February 2026
With marketable supply unlikely to grow significantly and limited scope for pipeline imports, Brazil is expected to continue relying on LNG to cover supply shortfalls, Ieda Gomes, senior adviser of Brazilian thinktank FGV Energia,
tells Petroleum Economist
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
