Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
Why Oil Stocks Are Falling Faster Than Crude in 2026
Brent crude is down 7.4 percent in a week. But energy stocks like ExxonMobil and Chevron have fallen even more—Exxon is off 7.8 percent. Lucas and Luna unpack this divergence, explaining how refining margins, hedge fund positioning, and a shift in investor narrative are punishing producers harder than the underlying commodity. They look at the 2026 data: WTI at $92, the XLE energy ETF dropping 5.6 percent, and clean energy stocks like Enphase surging 43 percent. The hosts argue that the market is pricing in a structural shift—not just a cyclical oil dip. With refineries running at record…
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