Opinion

Oil, Gas & Power in H2 2026: a trader’s guide

Navigate key energy market trends for the rest of the year

1 minute read

Jim Mitchell, Director of Oil Trading Analytics, Wood Mackenzie

Jim Mitchell

Director of Oil Trading Analytics

Jim has 29 years of commodity market experience in crude oil, refined products, shipping, Natural gas, power and grains.

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WoodMac symbol on white background.

Stephen Ryan

Power Market Analyst

Stephen leads on the NYISO short-term power team forecasting power prices and analysing congestion patterns.

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Kyle Cooper, Research Director – SME Short Term Gas, Wood Mackenzie

Kyle Cooper

Research Director – SME Short Term Gas

Leads short-term North American gas forecasting, specialising in weather impacts, demand trends and storage estimates

View Kyle Cooper's full profile

Commodity markets have moved fast in 2026. Geopolitical disruption, changing trade flows, evolving LNG market dynamics and record-breaking power demand have created new risks and opportunities for traders across global energy markets. 

Our latest guide explores the developments reshaping oil, gas and power markets, and what they reveal about today's trading environment. Discover how inventories, infrastructure constraints, weather-driven volatility, renewable growth and shifting supply-demand balances are influencing market behaviour and trading decisions. 

In this guide, you'll discover:

  • The oil market developments influencing global trade flows
  • Why operational signals are becoming increasingly important for gas traders
  • How weather, renewables and transmission constraints are reshaping power markets
  • The trends, risks and opportunities traders should monitor in 2026

 

Fill in the form to download your copy of the guide and explore the key oil, gas and power market developments shaping trading decisions in 2026.

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