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.
Monday 13th of April 2026
17:00 GMT
Oil markets: Oil markets remained volatile on Monday after Donald Trump threatened to block the Strait of Hormuz, a critical route for global crude supply.
The Strait of Hormuz is a critical chokepoint for global oil supply, and any disruption would have significant implications for energy markets.
17:45 GMT
Oil markets: Brent Crude and West Texas Intermediate (WTI), the two main crude oil benchmarks are currently at $101.60 and $102.40/bbl (per barrel) respectively. This is up by 5.81% and 6.44% respectively from Friday’s (the last trading day)’s data.
We began tracking Brent Crude and West Texas Intermediate (WTI) prices last month. Full weekday data is available below.
18:45 GMT
Oil supply: OPEC have released it’s March crude oil production data which indicates it has not been this low since 1999.
Tuesday 14th of April 2026
11:00 GMT
Oil supply: More info and context on that extraordinary Organisation of the Petroleum Exporting Countries (OPEC) data which shows that crude oil production in the region drastically dropped between February and March.
OPEC’s March 2026 data dropped to 20.8 million barrels per day (mb/d), down from 28.7 mb/d in February, marking a month-on-month decline of 7.9 mb/d (27%), the largest single monthly drop on record for the group.
The record-breaking decline was driven by steep output losses across key producers, including Saudi Arabia, Iraq, the UAE and Kuwait as a direct result of Iran having closed and taken over the critical oil trade route, the Strait of Hormuz.
As we are still waiting for the International Energy Agency (IEA) and the Energy Information Agency (EIA) to release their March data, this data should be viewed with some caution.
See the full data on our data dashboard.
21:30 GMT
Energy capacity: Meanwhile the UK government have announced they have signed the contract with Rolls Royce for rolling out nuclear Small Modular Reactors (SMR’s)
Energy Secretary Ed Miliband said about the agreement:
“We are backing a British company to deliver our first small modular reactors – creating a generation of good jobs, driving growth and providing clean, homegrown power for decades to come. Our clean energy mission is the only route to getting off the rollercoaster of fossil fuels and take back control of our energy independence.”
Our story below from when the government first announced the project:
Wednesday 15th of April 2026
11:30 GMT
Oil demand: On Tuesday, the IEA drastically cut its Q1 and Q2 2026 oil demand and supply forecasts.
Its analysis found that Q1 oil demand was down by 0.1 mb/d, while for Q2 the downward revision rises significantly to 1.9 mb/d.
Oil supply: On the supply side, Q1 supply was also revised down by 0.1 mb/d, in line with demand. For Q2, supply is reduced by less than demand, at 1.4 mb/d. This leaves supply 0.5 mb/d higher than demand.
Oil markets: This revision prompted a reaction in oil futures with the prices of Brent Crude and WTI falling by 7% and 11% respectively as markets priced in a Q2 surplus.
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