Energy

Exclusive Energy Charts of the Week

The escalation between the U.S. and Iran following the collapse of the interim peace deal and intensifying strikes between Ukraine and Russia, drove energy price rallies.

Exclusive Past the Peak, Not Past the Risk

Hormuz disruption keeps energy markets exposed, with oil risks concentrated in products and LNG tightness lifting gas price forecasts.

Global Daily: When a Toll Isn't a Toll

Yields on 10-year Treasuries finished last week up 11bps to 4.48% while yields on 10-year Bunds rose 8.5bps to 2.93%...

The Versailles Memorandum of Understanding has reduced disruption risks in the Persian Gulf, driving a downgrade in both our crude oil and natural gas price expectation.

Exclusive 103 Days, 38 Peace Deals

We cut oil forecasts on weak China demand, see softer US gas near term but keep LNG constructive as tight supply and limited flexibility support winter prices.

Exclusive EU ETS Pre-Reform Pause

Trading activity in the EU ETS has stalled, with markets in wait‑and‑see mode ahead of the upcoming policy review while increasingly pricing in signals of looser supply.