JPMorgan Sees No Clear Endgame for Oil Markets

An attack on Saudi Arabia's East-West pipeline has disrupted a crucial route around the Strait of Hormuz, threatening crude deliveries to Europe and adding pressure to already tight diesel markets. On Bloomberg This Weekend, Bloomberg Economics Statecraft Lead Chris Kennedy discusses how JPMorgan says it no longer has a baseline view for oil markets as the Iran conflict, attacks on Russian energy infrastructure, and uncertainty over Chinese demand make the outlook increasingly difficult to model.

Bloomberg Markets and Finance • Sep 19, 2026

Refineries Are Now the Main Chokepoint for Global Energy Supplies

The Iran and Ukraine wars have exposed the world's reliance on the Middle East and Russia for diesel.

WSJ • 15 hours ago

$105 Oil Is Quietly Engineering Its Own Demise

Seven months into the Iran war, crude has once again touched above $105 a barrel, just weeks after trading as low as $68. Refined-product markets have tightened systemically, forcing commodity desks to abandon the models they relied on when hostilities began.

Benzinga • Sep 18, 2026

Kloza on Diesel Prices Hit Fresh Record-High

Tom Kloza, Founder and Chairman of Kloza Advisors and Independent Oil Analyst, says everybody still obsesses with the crude oil price, but it's the diesel price that needs to be watched. Kloza says US refineries are running at 97% to 98% of capacity.

Bloomberg Markets and Finance • Sep 18, 2026

Natural Gas and Oil Forecast: WTI and Brent Slide as Saudi Rerouting Eases Supply Risk

Saudi rerouting eases immediate oil supply fears, but Hormuz restrictions persist as WTI tests $95.42, Brent weakens and LNG markets stay tight.

FXEmpire • Sep 18, 2026

WTI and Brent Forecast: Oil Pulls Back as Headline Risk Builds

WTI and Brent pull back as traders weigh profit-taking and Middle East headline risk, with Brent's $100 level in focus.

FXEmpire • Sep 18, 2026

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Macron Calls For G7 Meeting To Release Reserves

Oil markets moved lower as traders took some profits off the table after Macron's announcement.

FXEmpire • Sep 18, 2026

Oil Prices Fall for Third Day as WTI Slips Below $100

Oil prices fell for a third day Friday, with WTI crude slipping below $100 a barrel as expectations of restored Saudi pipeline flows eased immediate supply concerns.

WSJ • Sep 18, 2026

Oil Drops as Iran Diplomacy Prospects Pick Up

Oil dropped for a third day as supply concerns eased and traders looked to the next round of diplomacy that'll shape the conflict. US President Donald Trump told Axios he was approaching a "big decision" on whether to re-escalate attacks on Tehran, with a meeting with Persian Gulf nations planned for next week in New York.

Bloomberg Markets and Finance • Sep 18, 2026

Oil Remains Primary Risk Driving Higher Rates Says Haworth

Treasuries fell as anticipation of additional Federal Reserve interest-rate hikes stoked interest in wagers on rising yields for short-maturity debt. Rob Haworth, Senior Investment Strategy Director at U.S. Bank Asset Management joins Bloomberg Businessweek Daily to discuss the markets as well as how the oil is driving rates higher.

Bloomberg Markets and Finance • Sep 18, 2026