Oil and Gas Industry Outlook: Q2 2026
How will the US-Iran peace deal impact oil and gas markets in North America?
Oil and gas markets are adjusting to a new reality as the US-Iran peace deal eases supply concerns and pushes crude prices lower. With disrupted volumes expected to return and geopolitical risks still lingering, energy investors are reassessing the outlook for producers, refiners, and midstream operators.
Download Morningstar’s latest oil and gas report for our analysis of supply recovery, commodity price trends, OPEC’s evolving influence, and the top stock opportunities across the North American energy sector.