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US Crude Oil Inventories See Surprise Build: API
The American Petroleum Institute (API) estimated that crude oil inventories in the United States ros...
Tech Stocks Slide Again Ahead of Key Inflation Reports
Technology stocks slipped again on Tuesday, as markets continued to trade sideways in the lead up to...
Update: US Equity Indexes Fall as Communication Services Sector Slides, Crude Oil Extends Gains
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe...
AI Boom Drives Record Surge in Battery Demand
Battery demand has soared in recent months as developers of data centers and AI computing are increasingly relying on battery energy storage to manage power surges, executives at battery start-ups hav ...
Chinese Teapots Snap Up Middle East Crude As Prices Slide
Chinese private refiners are buying Middle Eastern crude on the spot market amid falling prices, Bloomberg reported today, citing two purchases of Saudi and Emirati crude. According to the report, one ...
EU Bows to Tech Lobby, Drops Ten-Year Renewables Rule for Data Centers
The European Union has given in to pressure from Big Tech to water down its strict low-carbon energy requirements in order to pursue its AI agenda as the U.S. and China pull far ahead and the EU plays ...
Iran Exports Crude at 20% Premium Even as Unsold Barrels Pile Up at Sea
Crude oil in floating storage off the Iranian coast is on the rise amid reluctance among buyers, Bloomberg reported today, citing data from Vortexa and its own calculations, suggesting some 58 million ...
5 Under-the-Radar Stocks Fueling the AI Revolution
Nvidia was the first poster child of the AI revolution. OpenAI turned ChatGPT into a global phenomenon. Google, Microsoft, and Anthropic have since dominated headlines with ever-more-powerful models. ...
Trump Targets California Again In SpaceX Feud
For years, U.S. President Donald Trump has loomed large over California's energy and environmental sectors as he tries to promote fossil fuels and roll back the state’s climate initiatives, with varyi ...
Wall Street Is Pivoting From Solar To Solar Plus Storage
The global solar energy boom is showing no signs of slowing down, with falling costs and ambitious clean energy targets continuing to drive rapid adoption. Last year, solar capacity additions surged 1 ...
The Hydrogen Industry's Efficiency Problem May Have Just Met Its Fix
A team of researchers in Germany has discovered a highly efficient way to convert sunlight into hydrogen fuel, potentially solving some of the most critical challenges facing the green hydrogen sector ...
How the U.S. and U.K. Are Redrawing Syria's Energy Map
The agreement signed last week between the Syrian Petroleum Company (SPC), the U.S.’s ConocoPhillips and Great Britain’s Novaterra ConocoPhillips — covering the development of new gas fields and the e ...
Russia’s Security and Trade Blocs Show Signs of Fracturing
The signs are multiplying that Vladimir Putin’s powers of coercion are rapidly fading, and his chief instruments of regional leverage are dissolving. Not only have Ukrainian drones put Russian forces ...
KKR Makes Largest Ever Clean Energy Investment With $4.2B EDF Purchase
Global investment firm KKR has agreed to acquire EDF Power Solutions North America in a landmark $4.2-billion deal, marking the largest single renewable energy investment in the company’s history. The ...
Putin Admits Shortage of Fuel After Weeks of Refinery Strikes
Russia has confirmed its government is currently in negotiations with other countries to purchase gasoline while desperately seeking to stabilize its domestic market after months drone mayhem out of U ...