The recent optimism in oil markets has no real fundamental reason for the shift in sentiment. Overall, optimism should be tempered, as there are not yet any real signs of improvement in major economic regions, especially in the U.S. and EU, that would suggest a move towards a pre-coronavirus economy.

The Global Commission for Urgent Action on Energy Efficiency curated ten points to act as broad focuses for governments looking to ensure energy efficiency worldwide. Since last year, it has expanded its scope to look at how the energy industry can play a key role in global recovery from Covid-19

While energy demand will likely rebound to previous levels, the overall energy mix is changing. Renewables are playing a bigger role as traditional sources such as coal become increasingly uneconomic.

Oil prices rose last week, extending recent gains from the optimism about recovering fuel demand worldwide, despite surges in coronavirus infections in some U.S.

Investment in renewable energy in Southeast Asia is holding up despite economic pressure, with many business buyers seizing chances to lock in low-cost power supplies for the long term

The Statistical Review of World Energy 2020 annual report is one of the most important sources of global energy data. It is a primary source of data for numerous companies, government agencies, and non-government organizations.

In 2018, global carbon emissions hit a record high. The pandemic has resulted in a drop in greenhouse gas emissions, but this impact will only be marginal if governments are not effectively pressured into a green and just recovery

With oil prices having rallied up to the $40 mark, some analysts have come out with bullish forecasts for the near-term. Plenty of risks remain however, and there are signs that the latest oil price rally may have hit a ceiling.

The journey towards climate disaster continues, unless we make an immediate switch to efficient and renewable energy in all sectors in the wake of the COVID-19 pandemic. The progress in the power sector is only a small part of the picture. And it is eaten up as the world’s energy hunger continues to increase.

The European Union looks set to slightly beat its goal to get a third of its energy from renewable sources by 2030, but public support will be needed to offset a drop in clean power investment due to COVID-19.

The pandemic never really went away, so it is not as if there is a discrete first and second wave. But the resurgence in infections in recent days caused a selloff in financial markets.

Oil prices rose 3% in volatile trade on Tuesday as Wall Street surged and the International Energy Agency (IEA) increased its oil demand forecast for 2020, but gains were capped by worries about a second wave of coronavirus cases.