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China Defies Decarbonization Trend As Coal Imports Climb 16.9% In Q1 2024 - Bank of Montreal (NYSE:BMO), Glencore (OTC:GLCNF)

Despite global efforts, China's coal imports are rising, contradicting previous forecasts. Electricity demand and favorable prices drive the country's continued reliance on imported coal for energy needs. ....

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Oil Inventories Rise Toward the End of 2023

Crude oil inventories in the United States rose this week by 1.837 million barrels for the week ending December 22 ....

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Ten Improbable Energy Ideas for 2024

We have put together a list of ten events, all plausible, that could occur in the energy sector in 2024. A few, we think, are more than likely. ....

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Car Ownership is More Expensive Than Ever

The cost of owning a car in America has significantly increased, with major rises in the prices of vehicles, insurance, maintenance, and fuel. ....

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China's Renewable Energy Capacity Tops 50% Milestone

China has surpassed the 50% mark for renewable energy generation capacity, balancing investments in wind, solar, and hydropower with continued reliance on coal for energy security. ....

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