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Financial TimesThe International Energy Agency said oil inventories are being depleted at a record pace after supply losses linked to the Strait of Hormuz reached 12.8 million barrels per day since late February. U.S. emergency crude reserves saw the largest weekly drawdown on record last week,…
e360.yale.eduIllegal prospectors are increasingly targeting critical minerals in the Brazilian Amazon, driven by global demand for resources used in electric vehicles and fighter jets. Brazil holds some of the world's largest deposits, drawing interest from the United States and others seekin…
automotiveworld.comChinese electric vehicle maker BYD is experiencing high demand in markets outside the U.S., driven by rising fuel costs from geopolitical tensions. Executive Vice President Stella Li stated at the Beijing Auto Show that the company thrives without American consumers and struggles…
Substrate placeholder — needs reviewUS crude futures rose on Wednesday after settling the prior session with the biggest one-day drop in six years. The previous decline was driven by a larger-than-expected build in US crude stockpiles. The increase occurred amid ongoing concerns about global oil demand and supply d…
Substrate placeholder — needs reviewThe U.S. Energy Information Administration projects that U.S. dry natural gas production will rise by 20% to 40% in 2050 compared to 2025 levels. This growth is attributed to domestic and international demand. The projection is part of the Annual Energy Outlook 2026.