360 Energy Pulse: What Mattered This Week in Energy

360 Energy Pulse: What mattered this week in energy

(By Oil & Gas 360) – Energy markets moved into crisis mode this week as tensions around Iran and the Strait of Hormuz pushed oil prices sharply higher and sent policymakers scrambling for responses. Brent’s surge above $100 reignited inflation concerns across global markets, while shipping risks and supply disruptions forced traders to reassess everything from LNG balances to strategic reserves. The immediate story is geopolitical risk, but the d

Cenovus Energy Stock Price Hits 52-Week High as Oil Tops $100

Cenovus Energy shares hit a 52-week high Thursday as Brent crude topped $100 a barrel after new Middle East attacks. The stock closed at C$32.34 in Toronto, up C$0.16. Cenovus remains exposed to oil price swings, with net debt at C$8.3 billion and major turnarounds planned in 2026. Rival oil sands producers, including Suncor and Canadian Natural, also expect higher output. The post Cenovus Energy Stock Price Hits 52-Week High as Oil Tops $100 ap…