energy

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The main exception to the global slump in oil usage was in the U.S., where gasoline use increased in the second quarter of 2026.

New York Times journalists subpoenaed over report on Trump's new Air Force One

China’s nationwide electricity load reached a record high for the first time this year on July 10, hitting 1.518 billion kilowatts, the National Energy Administration said in a statement posted on its official WeChat account Saturday.

The global energy situation could deteriorate further as oil inventories decline and competition for supplies intensifies, Eni SpA’s Chief Executive Officer Claudio Descalzi told Italian daily Il Sole 24 Ore.

China’s nationwide electricity load reached a record high for the first time this year on July 10, hitting 1.518 billion kilowatts, the National Energy Administration said in a statement posted on its official WeChat account Saturday.

The global energy situation could deteriorate further as oil inventories decline and competition for supplies intensifies, Eni SpA’s Chief Executive Officer Claudio Descalzi told Italian daily Il Sole 24 Ore.