Algorithmic trading resulted in significant losses for traders last year due to over-reliance on technical signals. Algorithmic traders have reduced the weight of oil in their portfolios by as much as half, from 4% in […]
Norway’s oil and gas investment is expected to reach a record high in 2025, driven by new exploration activity and increased demand for Norwegian gas. While Norway is a leader in renewable energy, it continues […]
The IEA’s latest report reveals global coal demand will hit an all-time high in 2024, driven by soaring power demands, defying past predictions of decline. The International Energy Agency has been consistent — and consistently […]
Oil and gas companies are investing in renewables and clean tech but prioritize fossil fuel operations as global demand rises. Global emissions from fossil fuels reached a record high in 2024, despite renewable energy growth […]
Daily Standup Top Stories Tesla Excluded From EV Buyer Credits in California Proposal November 25, 2024 Clark Savage (Bloomberg) — Tesla Inc.’s electric vehicles would be excluded from consumer rebates proposed by California’s governor, a decision […]
Global oil demand continues to surprise on the upside, BP Plc (NYSE:BP) Chief Executive Murray Auchincloss told the Energy Intelligence forum in London on Monday, saying that oil demand kept rising on average by more or […]
Clean energy sector jobs are now outpacing overall job creation, with a staggering 67 million now working in low carbon posts. According to the IEA’s latest World Energy Employment report, energy sector employment surged by […]
For months, the IEA has struck a bearish tone and warned of a large surplus coming to the market in 2025. Global inventories have been drawing down at a much larger rate than the IEA […]
Crude oil prices moved higher today after the U.S. Energy Information Administration reported an inventory build of 2.1 million barrels for the week to November 8. In fuels, however, inventories fell. At the time of writing, Brent crude was […]
Comments highlight forecasters’ debate over oil demand growth US is seen focused on growth regardless of election outcome Escalating tensions in the Middle East and US relations with China pose the greatest concerns for Big […]
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