Define Progress. The Energy Report 02/27/2026

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Define Progress. The Energy Report 02/27/2026

blog.pricegroup

4 months ago

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Oil traders say a dip before a flip on early headlines that flashed “significant progress” in the latest round of U.S.-Iran nuclear talks in Geneva.

Yet progress does not mean a deal and the market is rallying on the belief that we probably are not going to get one. We did get plenty of upbeat spin from the Iranian side and the Omani mediator what may be denial which is one of the phases of grief or delusion or maybe wishful thinking. Iranian Foreign Ministe...

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