There’s a Small Upside to Clogged Strait of Hormuz
There’s a very slight green lining to the Iran war, and it’s for the planet, not the…
Oil Market’s Glut Narrative Just Blew Up
Less than a month ago, analysts were warning of a looming glut of crude oil as tanker traffic…
EU Eyes 2040 Electrification Target to Slash Oil and Gas Dependence
The European Commission is set to unveil next week an electrification target for 2040 in a bid to…
AI Becomes a Boost for Global Oil Demand, Not a Bridge to Net Zero
Artificial intelligence could help the energy industry tap an additional one trillion barrels of oil by making more…
OPEC Rejects Media Reports of Major Output Hike Ahead of G8 Meet
OPEC has slammed the brake on speculation, flatly rejecting media reports that the G8 is preparing to hike…
IEA Prepares to Walk Back Predictions of Peak Oil and Gas Demand
The International Energy Agency, which has repeatedly predicted that global oil demand growth will peak before 2030, has…
UBS Sees Brent Oil Prices Staying in the High $60s in Tight Market
Brent Crude oil prices are set to stay in the near term at the upper end of the…