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Monday, October 26, 2026Updated 15:09 UTC

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Super El Niño May Soften Winter Energy Squeeze

Source: OilPrice.com · Oct 26, 2026 14:00 UTC

An oil tanker ship in the Houston Ship Channel — File photo roger4336 / Flickr · CC BY-SA 2.0 · Source

The Quick Take

We extensively covered the unusually strong El Niño, its weather impacts by region, and the risks this adverse weather poses to crop production and global food inflation. UBS's energy team hosted a call Tuesday with meteorologist James Block to assess El Niño impacts for weather markets. The discussion comes amid a global refining crisis and continued disruptions to Strait of Hormuz energy flows,

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