Breaking news and analysis from the global energy markets — last reviewed on April 23, 2026
March 9, 2026 witnessed unprecedented WTI crude oil volatility with a $38 intraday range, rocketing 30% higher in Sunday night trading before crashing 32% through the remainder of the session. The extreme price action represents the largest single-day swings in modern oil market history.
Read Full Analysis →Dutch TTF natural gas prices soar to €48.60/MWh after compound 80% surge. European energy security in jeopardy as LNG tanker diversions to Asia threaten supplies.
WTI crude oil prices facing significant pressure as global production exceeds demand. EIA projects WTI to average $50-58 per barrel in 2026.
Escalating tensions in the world's most critical oil chokepoint add $8-12 per barrel risk premium to oil markets, including WTI crude, as 21% of global petroleum consumption transits through the narrow waterway.