Tag:Energy

US Oil Exports Surge on Iran War Demand, But America Not A Limitless Swing Supplier

📌 Key Takeaways U.S. crude exports jumped to 5.2 million barrels per day in the week to April 10, the highest in seven months, as...

Strait of Hormuz Closure Drives US Critical Minerals Reshoring

📌 Key Takeaways The Strait of Hormuz handled about 20 million barrels per day in 2024, equal to roughly 20% of global petroleum liquids consumption,...

Trump Wants Tech Firms to Pay for Data Center Electricity

📌 Key Takeaways US data centers are becoming one of the fastest-growing sources of electricity demand, driven by AI and cloud computing. Donald Trump wants tech...

Oil to Remain Vital for Decades Despite Energy Transition, As IEA Shifts Outlook

📌 Key Takeaways The IEA now projects oil demand to keep rising into the 2030s, hitting 113 million barrels per day (mb/d) by 2050 under...

Global Nuclear Energy Capacity to almost Triple by 2050

Global nuclear power could nearly triple by 2050. That’s the headline from the International Atomic Energy Agency’s latest projections, which now see installed capacity rising...

IAEA Triples Nuclear Energy Growth Projections

📌 Key Takeaways Global nuclear capacity stood at 377 GW across 417 reactors in 2024. By 2050, IAEA projects 561 GW (low case, +50%) to 992...

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Copper Hits Record High as Supply Squeeze Meets AI Demand

Copper has hit another record high, with U.S. futures settling at $6.6495/lb, up 38% from a year ago. And...
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Food Inflation Is Back. This Time the Shock Starts Before the Harvest.

US grocery prices rose 0.7% in April, the sharpest monthly increase in nearly four years, while food-at-home prices were...

Copper Tops $14,000 as Supply Squeeze Pushes Market Toward Record High

Copper has hit prices $14,000 a tonne. The metal rallied for an eighth straight session on Wednesday, touching $14,196.50/t on...

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