The rise of electric vehicle (EV) adoption is having profound effects on global oil demand, significantly altering the dynamics of the tanker market. This shift is particularly evident in the major regions of China, the United States, and Europe, each exhibiting unique trends and challenges. The
The global push towards clean energy has seen tremendous strides, especially in recent years. The world is witnessing a proliferation of renewable energy systems ranging from sprawling solar farms to towering wind turbines. Yet, this remarkable growth in clean energy is consistently overshadowed by
Global oil and natural gas markets are exhibiting significant volatility driven by a combination of geopolitical tensions and shifts in inventory levels. These factors have led to notable price fluctuations and market dynamics that merit attention. The ongoing interaction between geopolitical
The exponential growth of artificial intelligence (AI) and advanced technologies is reshaping global energy demand in an unprecedented manner. Initially, energy experts believed that population growth and industrialization would be the primary drivers behind the increasing need for energy. However,
Christopher Hailstone has extensive experience with energy management, renewable energy, and electricity delivery. He is also our Utilities expert and provides valuable insights on grid reliability and security. What are the main factors contributing to the highest amount of new oil supply in a
The year 2024 has seen an unprecedented surge in global energy demand, almost doubling the recent average. This increase is driven by significant growth in electricity consumption worldwide. This article delves into the factors contributing to this surge and explores whether it signals a lasting
