International Energy Agency

Oil analysts say there’s a supply glut – why that hasn’t translated into lower prices this year

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Oil analysts say there’s a supply glut – why that hasn’t translated into lower prices this year

In 2026, the consensus view among oil analysts was that the crude oil market was entering a period of deep oversupply, likely to keep prices depressed throughout the year. In 2025, oil prices fell by about 20% as the glut widened. Instead, oil prices saw an unexpected rise to the start of the year, thanks … Read more

China’s electric vehicle influence is spreading almost everywhere – except the US and Canada

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China’s electric vehicle influence is spreading almost everywhere – except the US and Canada

STR/AFP via Getty Images” loading=”eager” height=”640″ width=”960″ class=”yf-lglytj loader”/> BYD electric cars are waiting at a Chinese port to be loaded onto the BYD car carrier Shenzhen, which was to sail to Brazil. STR/AFP via Getty Images In 2025, 1 in 4 new car sales globally is expected to be an electric vehicle – either … Read more