Climate talks are scheduled for the end of the month in Glasgow, hoping to curb greenhouse gas emissions, global oil supply trends will peak before demand and the transition to green energy is accelerating. All these factors are conspiring to send the energy market into a tailspin. The global energy crunch is still in full force as oil production cannot keep up with increased demand. Morgan Stanley’s ($MS@US) research department noted that, “the planet puts boundaries on the amount of carbon that can safely be emitted. Therefore, oil consumption needs to peak. However, this is such a well-telegraphed prospect that it has solicited its own counter-response: low investment.” As a result, WTI crude is up over 1%, Brent crude is up nearly 1% and natural gas prices are up nearly 6% early on Monday.