#IEA sees electric car boom displacing up to 12 million b/d of #oil by 2035
▪️ #EVs to displace 6 million b/d oil by 2030, up 20% on previous estimate
▪️Global EV sales seen hitting hit 17 million in 2024
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#OOTT

#ChartsToWatch on #CommodityTracker this week:

🚢 #Tanker freight amid escalating tensions in the Middle East
🛢️ Russian #oil product exports after refinery attacks
📈 China’s rising compliance #carbon price
… and more: okt.to/ktfHpB

#OOTT #ONGT #OCTT

Warmer weather starts to affect #energy demand, more extremes likely in 2024: EU climate monitor
🔸 #Climate -driven energy demand up in south Europe
🔸43% of electricity generated from #renewables in 2023
🔸Impact on wind, #solar output from extreme #weather
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Full story: okt.to/kAW35J

ABTC starts #lithium production pilot plant in Nevada

▪️Samples to be sent to auto, #battery makers
▪️Company targeting 30,000 mt/year facility

⬇️ Story linked in comments

#Denmark launches $14 billion offshore #wind tender for at least 6 GW

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#energy #renewablenergy

In this week’s #MarketMovers Asia with Ashish Dhyani: 

▶️ (01:52): okt.to/A68sYC
🔸 #Chinese independent refiners' appetite for Iranian #crude   
🔸 #Israel - #Iran conflict could disrupt #wheat supplies to #SoutheastAsia
...and more!