World Economic Forum

Articles from World Economic Forum

U.S. Oil Production Holds Steady Even As Near-Term Demand Slips Further

Domestic crude production matched the pandemic-era peak, while demand last week declined and extended a trend early in 2023. The U.S. Energy Information Administration (EIA) said Wednesday output for the period ended Jan. 20 clocked in at 12.2 million b/d – matching the high mark of the past two years and on par with the…

January 25, 2023

Energy Transition

Achieving Global Energy Security and Reducing Carbon Emissions Share Spotlight in Davos

Achieving geopolitical stability and global energy security shared the limelight this week as top business and government leaders made their annual trek to Davos, Switzerland. The annual meeting of the World Economic Forum (WEF) addressed worldwide inequity and the chances for a recession. However, several sessions focused on two points: Russia’s invasion of Ukraine, intertwined…

January 18, 2023