Growing global adoption of electric vehicles helped avoid the consumption of 2.3 million barrels of oil per day last year, ...
The world’s largest oil and gas companies ratcheted back investment in the energy transition in 2025, marking the first ...
Kicking off with the inauguration of US President Donald Trump and the third global AI Action Summit, 2025 was a year defined by substantial geopolitical shifts – cataclysms, even – and myriad ...
EVs cut 1.7 million barrels of oil per day in 2025, saving billions and reshaping global energy security, Ember finds.
TotalEnergies reported exceeding its 2025 emissions reduction targets while expanding low-carbon power generation as part of ...
Global commodities trading house Vitol ​increased revenues and traded more oil in 2025 compared with 2024, it said on ...
The U.S. produced more crude oil than any other country in 2025, by a wide margin. But while America leads the ranking, the ...
In December, oil prices often had exaggerated moves in response to an announcement or development in the war in Ukraine or Venezuelan negotiations with the US. Decreased oil exports from Russia and ...
Mexican state-owned oil company Pemex said its seven domestic refineries processed an average of 1.014 million b/d of crude oil in 2025, up 12% from 2024, marking the first time since 2015 that annual ...
WTI holds near $57.9 after repeated failures to clear the $59 to $60 zone. U.S. inventory builds keep surplus fears front and center, with API pegging a 1.7M barrel rise. OPEC+ policy and geopolitical ...
While there are various estimates regarding the overall benefits from OBBB, depending on who you ask, the nonpartisan Tax ...
Sinopec reported weaker 2025 earnings as lower crude prices and weak chemicals margins offset record oil and gas output and ...