Oil Prices Fall as OPEC and IEA Slash 2026 Demand Outlooks
Despite the ongoing stalemate in the U.S.-Iran talks and persistent risks to shipping in the Middle East, oil…
The World’s Biggest Energy Bet Is No Longer on Fossil FuelsThe World’s Biggest Energy Bet Is No Longer on Fossil Fuels
For years, critics of the energy transition have made essentially the same argument. Renewable energy was supposedly too…
Turkey Pushes Bold Global Plan to Electrify 35% of Energy Use by 2035
Turkey, the host of the UN’s COP31 climate summit, has urged other countries to electrify to support the…
How the U.S.-Iran Deal Put A Higher Floor Under Oil Prices
Analysts are back to expecting a huge oil glut next year as they see the U.S.-Iran deal as…
IEA Forecasts a $3.4 Trillion Energy Investment Boom
Global energy investment is set to jump to $3.4 trillion this year, the International Energy Agency said today, noting…
Volatility Spikes as Iran Diplomacy Collides With Hormuz Fears
July WTI crude oil delivered a volatile week as traders aggressively repriced geopolitical risk and then rapidly removed…
Oil Could Enter Red Zone by July/August: IEA
The oil market is heading into what Fatih Birol calls the “red zone” this summer. Speaking Thursday at…
Global Oil Stockpiles Plunge as Iran War Chokes Supply
The West’s international energy watchdog has warned that oil stockpiles were being drained at a record rate last…
IEA Revises 2026 Forecast: Oil Deficit Widens as Iran War Cuts Production
Global oil demand is set to exceed supply in the current year amid the ongoing conflict in the…
A Golden Opportunity for Canada’s Oil and Gas Industry
Canada has a “golden opportunity” to become a major global oil player as the war in the Middle…
IEA’s Birol Says Iran War Will Permanently Cut Into Future Oil Demand
International Energy Agency chief Fatih Birol says the Iran war has permanently changed the fossil fuel industry and…
IEA: Strait of Hormuz Has Lost Its Status as Reliable Energy Route
The Middle East war and the crisis at the Strait of Hormuz could redraw the global energy map…