Volatility has defined energy markets throughout 2026, as oil prices and equities respond to geopolitical turmoil and shifting global supply expectations. While the year began with a bearish consensus forecast for oil prices in the high $50s, escalating tensions in the Middle East have pushed crude significantly higher. However, despite this choppiness, energy has quietly led the equity market as the best-performing sector in the S&P 500. "Energy is the best performing sector in the S&P 500 today. It's up j ...