Geopolitical developments have resulted in perhaps the most chaotic and unstable energy market in the last 50 years, but sharply lower global crude oil prices and a rollback in U.S. production could be just ahead, two forecasts at the heart of our newly available Future of Fuels report.

Waiting on the World to Change – Global Turmoil Spikes Energy Markets, But Sharply Lower Crude Oil Prices, Production Could be Just Ahead

RBN Energy Blogcast

You're listening to the RBN Energy Blogcast. This is an audio version of RBN's Daily Energy Blog, which is a fun and informative daily commentary on oil, gas, NGL, and renewable markets. Each morning, we cover commodity fundamentals and industry changes to keep you informed of developing trends across the energy landscape. Monday, July 27, 2026. Waiting on the World to Change,

Global Turmoil Spikes Energy Markets, But Sharply Lower Crude Oil Prices, Production Could Be Just Ahead, Published by Jason Lindquist and Robert Hours. Geopolitical developments over the last several months have resulted in perhaps the most chaotic and unstable energy market in the last 50 years, rivaled only by the OPEC oil embargoes of the 1970s, the global financial crisis in 2009 and the COVID lockdown years of the early 2020s. The disruptions have driven crude oil prices and

production higher in the short term, but there's a potential long-term shift just ahead. In today's RBN blog, we look at how the changes on the horizon could lead to sharply lower global crude oil prices and a rollback in U.S. production, two forecasts at the heart of our newly available Future of Fuels report. It's been a year of dramatic change, starting with the U.S. removal of Venezuelan President Nicolas Maduro in early January, just before our previous report was published.

Things have only accelerated since then, highlighted by the U.S. and Israeli war against Iran that began on the last day of February. While the damage to energy facilities across the Middle East has been significant, the largest impact by far has been the closure of the Strait of Hormuz, mostly stopping the flow of one-fifth of global crude oil and millions of barrels of refined products, while also impacting the LNG market and a number of...

Waiting on the World to Change – Global Turmoil Spikes Energy Markets, But Sharply Lower Crude Oil Prices, Production Could be Just Ahead

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Waiting on the World to Change – Global Turmoil Spikes Energy Markets, But Sharply Lower Crude Oil Prices, Production Could be Just Ahead

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.