November 6, 2026
In this Energy Market Drivers edition:
- Crude oil and geopolitics: Fragile post-midterm peace optimism, and weakening physical fundamentals
- Diesel, gasoil, MGO and jet: Have refining margins fallen too far?
- Bunker markets: HSFO prices under pressure
- European gas and LNG: Extreme volatility, but winter risks remain
- Hedging views (all products): Risk that market prices out more backwardation. Consider options as a hedging instrument
- GRM Forecasts: Oil, Gas, and EUA prices
Download the fulll article as PDF
Arne Lohmann Rasmussen
Chief Analyst, Head of Research at Global Risk Management
Phone +45 2146 2951
E-mail: Arra@global-riskmanagement.com







