The U.S. Energy Information Administration (EIA) lowered its 2024 and 2025 Brent spot price forecast in its latest short term energy outlook (STEO), which was released this week.
Chevron and Exxon are both planning to venture into the electricity supply business to take advantage of the surge in demand expected to come from the proliferation of data centers.
Curious Minds Corner
What is the environmental disaster called when oil spills into the ocean?