Wood Mackenzie

Middle East conflict to cut global crude runs by 1.4M bpd in Q4, Wood Mackenzie says

The ongoing Middle East conflict is set to strip an estimated 1.4 million barrels per day from global crude processing in the fourth quarter of 2026, with Asia absorbing the heaviest blow, according to analysis presented by Wood Mackenzie at…

Europe’s gas storage may miss 70% by winter, Wood Mackenzie warns

European gas storage levels have fallen to just above 50 percent of capacity — a historically low level for late July — as the ongoing closure of the Strait of Hormuz continues to choke global energy supplies nearly five months…

EU ban on Chinese inverters to disrupt 28 GW of solar demand through 2030

The European Union's decision to block public funding for solar inverters from China and other countries it deems "high risk" stands to affect roughly 14% of the bloc's forecasted solar demand through the end of the decade, according to an…