Energy Economics Monitor: February 2026 Update

Energy Intelligence’s Energy Economics Monitor analyzes the key macroeconomic factors impacting energy market movement and sector investments. Our latest outlook suggests global growth has cooled as weakness in manufacturing outweighs resilience in services. Trade uncertainty has resurfaced, with renewed US-Europe frictions and a shift to new bilateral deals. This points to continued divergence, with North America and some emerging markets showing firmer momentum, while Europe and manufacturing-heavy economies remain the main laggards into early 2026.