Macro
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month values ▾
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.40 | -0.81 | +0.60 | +0.60 | +0.55 | +0.55 | +0.55 | +0.50 | +0.50 | +0.50 | +0.55 | +0.55 |
Energy sentiment is sharply positive this month, driven primarily by the surge in oil prices above $100 due to supply disruptions from the Libya crisis. Geopolitical instability has tightened global supply expectations, reinforcing bullish momentum across the sector. Broader market confidence is supported by resilient demand fundamentals amid limited spare production capacity.
How this mood is scored ▾
Crude oil prices exceeded $100 due to disrupted production in Libya, where unrest has halted about one million barrels per day. Major European energy firms like ENI and Total have suspended operations, and concerns over spreading unrest to Algeria threaten further supply shortages, particularly of sweet crude vital to European refineries. Sustained high prices could dampen global GDP growth and raise U.S. gasoline prices, straining consumer spending and economic recovery.