
Snow covers a car during an October storm in Denver. (Source: Shutterstock)
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Washington State Plans Ban on Sale of Gas-powered Cars by 2030
The move by Washington state to stop sales of gas-powered cars comes as efforts to boost adoption of electric vehicles are accelerating over concerns about fossil fuels’ contribution to climate change.
Oil Prices Hit One-month High as IEA, OPEC Raise Forecasts
Supply discipline and rebounding economies are set to give oil a chance to break out of the recent range, Goldman Sachs analysts said in a report.
IEA Ups Oil Demand Forecast as Vaccinations Brighten Outlook
The IEA predicted global oil demand and supply were set to re-balance in the second half of the year and that producers may then need to pump 2 million bbl/d more to meet the expected demand.