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We have a conversation with the CEO of a company leading the trend of 'behind-the-meter' power.

Greenland Energy Company and joint venture partner 80 Mile have delayed planned oil drilling in Greenland until winter 2027.

News of recent deadly attacks on vessels in the Gulf of Oman and the Red Sea drove oil higher. An oil spill near Oman continued to worsen.

The PPI reading was lower with the 7.4% expected by economists polled by Reuters, and was down from a revised 7.3% seen in June.

Oil exports from Egypt's Mediterranean port of Sidi Kerir have more than doubled. The crude is mostly from Saudi Arabia, according to Kpler.

Traffic is about 90% lower than the daily average of 130 ships that transited Hormuz before the U.S. and Israel attacked Iran on Feb. 28.

Heat and drought are curbing nuclear output across Europe, with Romania facing a possible reactor shutdown and France reducing generation.

India's inflation rises for the ninth month in a row, raising the odds in favor of a rate hike later this year.

The IEA expects oil demand to fall by 1.6 million barrels a day in 2026 as high fuel prices and Strait of Hormuz disruptions weigh on consumption.

A cargoship and containership have been hit in the Red Sea and Gulf of Oman as the war inflicts a toll on the world's critical shipping lanes.