RE: Oil over $100 a barrel10 Mar 2026 17:44
Am guessing most oil realated stocks went up on the the news of closures of the Strait of Hormuz.
Since latest speech carming the storm with a possible quick fix sinario it's all back to normal till the next episode
Global LNG demand is accelerating in 2026, driven by a nearly 7% rise in 2025 supply and increased competition between Asia and Europe, leading to projected ~2% global demand growth. IEA (International Energy Agency) North America is the primary supply source, while Southeast Asian, Chinese, and Japanese demand remains high. Markets are tight, with ICIS forecasting 472 million tonnes in 2026.
News will be the next catalyst,