Energy Markets

All Global Commodity Partners coverage tagged Energy Markets.

Oil tanker navigating through a narrow strait, symbolizing the Strait of Hormuz

Crude Oil Prices Decline Amid Hormuz Reopening Discussions

Crude oil prices experienced a fourth consecutive day of decline following news of Qatar's Prime Minister's visit to Tehran to discuss the potential reopening of the Strait of Hormuz.

27 Aug 2026 · GCP Newsroom · 2 min read

Oil tankers at sea, symbolizing global oil supply and transportation challenges.

Global Oil Security Weakens Amid Conflicts Affecting Supply

Global oil supply security appears increasingly uncertain as conflicts impact a significant portion of the world's crude production, raising concerns about long-term availability and diversification limits.

27 Aug 2026 · GCP Newsroom · 2 min read

A large tanker ship transporting fuel or crude oil.

Diesel Prices Remain High Amid Refining Capacity Concerns

Diesel prices continue to exceed $5, with an industry expert indicating that refining capacity, rather than crude oil supply, is the primary driver of the elevated costs.

27 Aug 2026 · GCP Newsroom · 2 min read

A natural gas pipeline or energy infrastructure, representing the UK's exposure to global gas prices.

Octopus Boss Warns UK Exposed to Volatile Global Gas Prices

The founder of a major UK electricity supplier has urged for immediate energy market reforms to shield households from the impact of fluctuating international gas prices, according to OilPrice.com.

27 Aug 2026 · GCP Newsroom · 2 min read

Offshore oil rig operating at sea, symbolizing CNOOC's production efforts.

CNOOC Achieves Record First-Half Profit and Production

CNOOC reported a significant increase in its first-half net profit and production, benefiting from elevated crude prices and increased domestic oil and gas output.

27 Aug 2026 · GCP Newsroom · 2 min read

A large LNG carrier ship docked at a port terminal, with industrial infrastructure in the background.

China's 15th Five-Year Plan to Increase 2027 LNG Imports

China's 15th Five-Year Plan for oil and gas is expected to modestly increase industrial gas demand from 2027, leading to a slight rise in LNG imports, according to Kpler Insight.

27 Aug 2026 · GCP Newsroom · 2 min read

Oil barrels and a graph showing declining prices, representing market movements.

Oil Prices Decline Amid Hopes for Mideast Diplomatic Breakthrough

Oil prices continued their decline for a fourth consecutive session on Thursday, as market participants anticipated that diplomatic efforts in the Middle East could alleviate regional supply constraints.

27 Aug 2026 · GCP Newsroom · 2 min read

Natural gas pipelines or a gas storage facility, representing energy infrastructure and supply.

European Gas Prices Surge to Three-Year High Ahead of Winter

Wholesale gas prices in Europe are reportedly trading near their highest levels in over three years, potentially leading to increased household energy bills across the continent this winter, according to Hellenic Shipping News.

27 Aug 2026 · GCP Newsroom · 2 min read