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Thanks to global population growth, rising living standards and related increases in manufacturing from now until 2050, the Energy Information Administration (EIA) sees energy consumption growing faster than advancements in efficiency ....
Prices settled slightly lower on Tuesday after Saudi Arabia said it was working with regional and international partners to prevent an escalation, and reaffirmed its efforts to stabilise oil markets ....
The Energy Information Administration predicted in a new report that carbon emissions will increase through 2050 amid growth in global energy consumption, falling short of the net-zero emissions goals set by the Paris Climate Accords. ....
U.S. crude oil exports hit record highs in the first half of the year, averaging 3.99 million bpd up nearly 20% from the first half of 2022, the EIA said on Tuesday ....