Energy

Live: Global energy developments and markets

April 2026 – Week 4

Aerial view of a large crude oil tanker ship on the Strait of Hormuz.
The oil futures remains volatile and the energy crisis strengthens as we enter the last week of April. An aerial view of a large crude oil tanker ship on the Strait of Hormuz. Image credit: Clare Jackson https://www.dreamstime.com/nickjackson_info

By Anders Lorenzen

As part of an expanded focus on real-time coverage, this live blog tracks developments across global energy markets, including electricity prices, oil and gas benchmarks, and renewable generation trends.

It is updated throughout the week with the most significant developments around energy and related markets with a sustainability lens.

Last week’s live blog can be found here.

Latest

Monday 27th of April 2026

12:50 GMT

Oil price: Goldman Sachs has upgraded its oil futures price signalling high oil prices could persist for the remainder of the year. The bank predicts Brent Crude and WTI to trade at $90/bbl and $83/bbl respectively in Q4 – the last quarter of 2026.

10:50 GMT

Electricity generation: Insights from Ember’s 2025 Global Electricity Review shows that due to new renewable energy capacity coming online combined with favourable weather conditions, in India, it’s fossil fuel generation dropped by over 3%.

10:35 GMT

You can catch up last week developments below:

Sunday 26th of April 2026

23:40 GMT

Oil price: In early trading as Asian markets opened Monday morning, the oil futures price surged.

Brent Crude and WTI is up more than 2% at $108/bbl and $97/bbl respectively.

Our crude oil data page below, tracks the oil futures daily:


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