Russia Captures Record Share of India’s Oil Market
Crude oil imports from Russia accounted for over 50% of India’s total import volumes last month. This was the highest share of Russian oil in India’s import mix, Reuters noted…
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Oil Prices Head for 4% Weekly Gain as U.S.-Iran Deadlock Drags On
Crude oil prices were on course to add 4% this week, as the United States and Iran indicated they are no closer to a peace deal than they were at…
Trump Is Spending Billions On The Minerals That Power EVs
For years, U.S. President Donald Trump has openly displayed his disdain for the clean energy and electric vehicle sectors. In the early days of his second term, Trump stalled funding…
Mexico Has More Refining Capacity. So Why Are Fuel Imports Rising?
Mexico’s push for fuel self-sufficiency has run into a stubborn problem: Pemex has built and upgraded refining capacity faster than it has learned to operate it reliably. The state oil…
U.S. Power Grid Strains Under Record Electricity Demand
U.S. demand for electricity is expected to hit an all-time high both this year and next, driven by the data center buildout of Big Tech. This is the latest in…
China Races to Finish Molten-Salt Solar Plant as Stocks Whipsaw
China has driven the world’s solar energy deployment, adding capacity at such a blistering rate that the nation’s existing and planned wind and solar generation nearly doubles the rest of…
Solar Surpasses Wind In Global Electricity Generation For The First Time
In 2007, nearly two decades ago, I wrote an article called “The Future Is Solar.” At the time, my argument was largely based on efficiency. I had been comparing biofuels…
U.S. Backs X-Energy Reactor With Up to $2.15 Billion
Washington is putting real money behind advanced nuclear. The US Department of Energy is gearing up to hand X-energy another $1 billion for its planned nuclear project with Dow in…
Russia’s Diesel Exports Crash to Multiyear-Low amid Tight Global Market
Russia’s diesel and gasoil exports crashed in the first seven days of August to just 80,000 barrels per day (bpd), the lowest in many years, as Moscow extended restrictions on…
Oil Shocks Could Accelerate EV Adoption, WoodMac Says
Oil supply disruptions, high fuel prices and faster battery innovation could give electric vehicle adoption a fresh push, with consequences for oil demand, power grids and metals markets, Wood Mackenzie…
August 13, 2026
North AmericaU.S. Weekly Natural Gas Storage Report Supplement — For week ending August 12, 2026 — U.S. EIAPRICE SIGNAL · U.S. gas stocks reached 3,153 Bcf, 7% above the five-year…
Oil Prices Fall as OPEC and IEA Slash 2026 Demand Outlooks
Despite the ongoing stalemate in the U.S.-Iran talks and persistent risks to shipping in the Middle East, oil prices fell in Asian trading on Thursday, weighed down by cuts to…