From $55 to $112 in Three Months
Three months ago, WTI crude sat at $55.0 a barrel — cheap enough that energy desks were trimming positions and rotation into tech felt like the obviou…
Energy Markets 2026
WTI at $98 and the Energy Complex Is Lying to You — Read the Fine Print
The real story in oil markets as of March 22, 2026 is not that WTI crude touched $98.23 per barrel. It’s that natural gas fell nearly 22% on the same day. That one divergence — crude sprinting toward $100 while gas collapsed from $3.965 to $3.095 — tells you almost everything about what this market actually believes. It’s more nuanced than the headline panic suggests. WTI has surged approximately 69% from its December 2025 close of roughly $58 per barrel. The immediate catalyst is Iraq’s declaration of force majeure on foreign-operated oilfields, tied specifically to Hormuz disruption stemming from the escalating Iran-linked conflict — confirmed by a Reuters exclusive on … Read more