Winter storm Fern disrupts US energy production as global supply concerns mount

Winter storm Fern has disrupted US oil production by 250,000 barrels per day. This supply loss joins geopolitical tensions and export hurdles to lift prices.

Insights:
Winter storm Fern struck the US USUScoast on January 26, 2026, forcing major crude and natural gas production shut-ins in critical producing regions. Approximately 250,000 barrels per day of crude production was lost in the USdue to the harsh weather conditions. These production declines were recorded specifically in the Bakken field in Oklahoma and parts of Texas as the storm added significant stress to the power grid infrastructure.
An oil pumpjack in front of a house in Ganado, Texas, U.S., January 8, 2026. REUTERS/Antranik Tavitian
An oil pumpjack in front of a house in Ganado, Texas, U.S., January 8, 2026. REUTERS/Antranik Tavitian
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