Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
The Natural Gas and Oil Divergence Is a Story of Summer Demand
Episode 19 of Energy Economics with Fexingo drills into the widening gap between crashing oil and surging natural gas in late May 2026. Lucas and Luna examine why WTI crude has fallen 7.7% in five days while Henry Hub gas has jumped 14.5%, tying the divergence to seasonal power demand, LNG export flows, and Iran deal uncertainty. They ask whether the gas rally has room to run if summer heat arrives, or if oil's slide signals a bigger demand worry. Lucas pulls in the one-year forward curve for gas to show why traders are betting on a tight summer, while Luna flags the risk that a…
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