EIA Data Shows Builds in Crude, Gasoline and Distillates
U.S. crude oil inventories increased by 4.7 million barrels during the week ending November 6, according to EIA data released Thursday, bringing stockpiles to 414.4 million barrels.
Argentina Could Overtake Chile as South America’s Top Lithium Producer by 2035
Argentina is forecast to surpass Chile as South America’s top lithium producer by 2035, driven by growing battery metal demand and new mining projects in the region.
‘I never understood wind’: midterms spark hope for renewables after Trump’s hostility
Democrats’ midterm election victory has bolstered renewable energy markets globally, with companies like Ørsted seeing stock gains following years of Trump administration hostility toward wind and solar projects.
Even California’s Biggest Ports Aren’t Betting On Hydrogen For Ships
California’s major ports exclude hydrogen from deep-sea shipping plans despite the state’s two-decade hydrogen subsidy effort, citing weak carrier demand and infrastructure challenges.
EVs Displace 5 Times More Oil Globally Than They Did 5 Years Ago — Analysis
Electric vehicles have grown to displace 5 times more oil globally compared to five years ago, now accounting for 1.2% of global consumption, according to transport analysis.
Crude Is Back at 80% in the Gulf, but Refined Products Are Stuck at 35%
Middle Eastern crude exports have recovered to 80-85% of pre-war levels, but refined products lag at 35-40% due to infrastructure vulnerability, while Qatari LNG shipments show modest recovery.