Oil has now comfortably settled above $80, with Saudi Arabia refusing to alter its strategy and U.S. shale companies maintaining their spending discipline. For a deeper dive into exactly what is going on in energy markets at the moment, sign up for a risk-free trial of our premium service Global Energy Alert . From geopolitical intelligence to trading tips and technical analysis, it’s your one-stop-shop for all things energy. Sign up today! Friday, October 22nd, 2021 Energy stocks are bouncing back into the limelight, significantly outperforming the broader S&P 500 index. Oil prices have remained largely stagnant over the week, with Brent trending around the $85 per barrel mark and WTI narrowing its Brent differential at $83 per barrel. Whilst both coal and gas prices have fallen back this week from earlier peaks, that decline was not enough to balance tight supply. Moreover, oil found marginal support from a […]