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The Latest Breaking News from IEA

Crude Recovers Early Losses on Dollar Weakness and a Fall in EIA Inventories

June WTI crude oil (CLM24 ) today is up +0.11 (+0.14%), and June RBOB gasoline (RBM24 ) is up +2.53 (+1.03%). Crude oil and gasoline prices rebounded from 2-1/2 month lows and are slightly higher. Crude today initially moved lower after the IEA cut its 2024 global crude demand forecast....

Barchart

Energy summit seeks to curb cooking habits that kill millions every year

Harmful cooking practices result in the deaths of 3.7 million people every year with children and women most at risk.

Al Jazeera

Bid To End Deadly Cooking Methods Which Stoke Global Warming

Fifty countries are meeting in France on Tuesday to discuss the lack of access to clean cooking methods worldwide which causes millions of deaths every year and fuels global warming.

International Business Times

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When will EVs become mainstream in the US?

Electric vehicle adoption ‘inevitable’ in US, but unclear how fast transition will happen, experts say.

Al Jazeera

So empire and the slave trade contributed little to Britain’s wealth? Pull the other one, Kemi Badenoch

The business and trade secretary played into the ideological tosh that the wonders of the Industrial Revolution were funded by beer brewers and sheep farmers

The Guardian - UK

Global battery rollout doubled last year – but needs to be six times faster, says IEA

Energy watchdog warns pace must accelerate to hit targets after new batteries increased capacity by 130%

The Guardian - UK

First Thing: Dozens arrested at Yale and NYU as pro-Palestine student protests spread

Police broke up encampments at a further two US universities on Monday. Plus, a charity says pedophiles are creating nude AI images of children to blackmail them

The Guardian - UK

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Global Electric Vehicle Sales Expected To Reach 17 Million In 2022

Learn about the rapid growth of electric vehicle sales globally, driven by China's market dominance. The IEA predicts half of all cars sold worldwide will ...

Top News

Electric and hybrid car sales to rise to new global record in 2024

International Energy Agency says 17m vehicles will be sold this year, up more than 20% compared with 2023

The Guardian - UK

Regional U.S. Banks Sharply Expand Lending to Oil and Gas Projects

How a semantic twist gave a major bank a loophole to keep financing fracking.

Capital & Main

Scoop Up This High-Yield Stock for AI-Fueled Growth

With a current dividend yield of over 4%, Dominion Energy offers an attractive income stream for investors. But the real draw may be the company's exposure to the AI-driven data center boom and its multi-billion-dollar investments in renewable energy projects. Here's why you may want to scoop up shares of…

Barchart

New polling shows many voters unfamiliar with Biden climate law, despite economic benefits

A new analysis calls "clean" energy an economic wind, but new polling suggests its political impact is muted.

Axios

What next for oil prices after Iran’s attack on Israel?

Prices have fallen but an escalation could spark a rise, with knock-on effects in a big election year

The Guardian - UK

EVs are booming but electric bikes are really cutting emissions

Ebikes and mopeds, known as electric micromobility, were responsible for two-thirds of the 1.5m barrels of oil displaced a day by EVs in 2022

The Guardian - AU

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Barchart

3 Energy Stocks With 20% Upside Potential or More

Oil prices have rallied recently on positive economic data and a bullish IEA forecast. Here are three energy dividend stocks that analysts expect to deliver 20% or more upside for investors.

StockNews.com

3 Energy Stocks With Skyrocketing Gain Potential

Given soaring oil and gas demand alongside supply limitations, the energy sector is poised for robust growth, potentially leading to an uptick in energy prices in the near future. To that end, quality energy stocks Phillips 66 (PSX), Weatherford International plc (WFRD), and ChampionX Corporation (CHX) with skyrocketing gain potential…

The Guardian - US

Surge of new US-led oil and gas activity threatens to wreck Paris climate goals

World’s fossil-fuel producers on track to nearly quadruple output from newly approved projects by decade’s end, report finds

Barchart

5 Top Energy ETFs to Consider as Oil Prices Climb

Here are five top energy ETFs investors can consider buying in 2024 to benefit from higher oil prices.

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Barchart

Crude Oil Prices Undercut by a Stronger Dollar

May WTI crude oil (CLK24 ) on Friday closed down -0.44 (-0.54%), and May RBOB gasoline (RBK24 ) closed up +0.48 (+0.08%). Crude oil and gasoline prices on Friday settled mixed. Energy prices Friday were under pressure from a rally in the dollar index to a 5-week high. Energy prices...

Barchart

2 Dividend Aristocrats Within the Energy Sector to Buy as Oil Prices Rise

Chevron and ExxonMobil stand out as formidable dividend aristocrats within the energy sector, offering compelling investment opportunities as they capitalize on global demand and strategic expansion initiatives.

Barchart

Crude Prices Fall Back as the Dollar Strengthens

May WTI crude oil (CLK24 ) on Thursday closed down -0.25 (-0.31%), and May RBOB gasoline (RBK24 ) closed down -0.71 (-0.26%). Crude oil and gasoline prices Thursday settled moderately lower as a stronger dollar (DXY00 ) undercut energy prices. Also, technical selling weighed on crude as prices neared overbought...

Barchart

Crude Prices Under Pressure From a Stronger Dollar

May WTI crude oil (CLK24 ) today is down -0.57 (-0.70%), and May RBOB gasoline (RBK24 ) closed down -1.70 (-0.63%). Crude oil and gasoline prices are moderately lower as a stronger dollar weighs on energy prices. Also, technical selling is weighing on crude as prices neared overbought levels after...

Top News

Republican Leaders Launch Probe Into International Energy Agency

Republican leaders in Congress investigate the International Energy Agency for straying from energy security mission and favoring decarbonization policies.

Barchart

Crude Prices Retreat on Technical Selling

April WTI crude oil (CLJ24 ) on Wednesday closed down -1.79 (-2.14%), and Apr RBOB gasoline (RBJ24 ) closed down -2.90 (-1.05%). Crude oil and gasoline prices posted moderate losses on Wednesday. An early rally in the dollar index Wednesday to a 2-1/2 week high pressured energy prices. Also, technical...

Barchart

Crude Prices Retreat on Dollar Strength

April WTI crude oil (CLJ24 ) this morning is down -1.77 (-2.12%), and Apr RBOB gasoline (RBJ24 ) is down -3.75 (-1.36%). Crude oil and gasoline prices this morning are moderately lower. Today's rally in the dollar index (DXY00 ) to a 2-1/2 week high is pressuring energy prices. Also,...

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