But China's March crude imports offer positive demand signal
Trends in U.S. refinery slates and crude imports show steady consolidation in supplying countries and adaptation to lighter runs
Maximum pressure on Iran and Venezuela could more than offset May/June production increases from OPEC's voluntary cut crew.
EU injection pace lags historical rates despite European gas storage ending the winter with below-average inventories (1313 Bcf vs 1394 Bcf 10YR avg) after higher-than-normal withdrawals.
Analyzing Saudi Arabia's historical market balancing tendencies in low, medium, and high-price regimes points to two scenarios for global crude market participants as OPEC+ plans to bring 411 kb/d of production online in May 2024
Argentina has quietly emerged as South America's second-largest crude producer, reaching average daily output of 756 kb/d in December to generate the country's first energy trade surplus since 2003.
China responds to President Trump's reciprocal tariffs with a combination of retaliatory levies and export restrictions on critical minerals like rare earth magnets
Why the Trump administration's Greenland interest extends far beyond untapped critical minerals
M23 rebels captured new territory in mineral-rich provinces in the Democratic Republic of Congo, the source of over 70% of global cobalt production and 10% of global copper supplies.
Tech giants sign up to support the World Nuclear Association's goal of tripling global nuclear power generation capacity by 2050
The IEA predicted a plateau or peak in global coal demand four times in four years... and was wrong each time. Asia's geopolitical and socioeconomic priorities will continue to dictate energy policy.
Generation retirements to remove an outsized share of coal, natural gas, and petroleum-fired capacity from the US grid between 2025-2027 with replacements from solar, wind, and batteries.
