Tuesday, 18 August 2026 · World
USD/EUR 0.8631 USD/GBP 0.7379 USD/JPY 159.3 USD/CNY 6.753 All rates →
RSS
EUROS The World Financial Report
Nº 38 Tuesday, 18 August 2026 · World Edition
LATEST
Commodities

AI Could Make Big Oil Even Bigger

Oilprice.com · 1h ago
AI Could Make Big Oil Even Bigger

AI is changing energy systems, but data centers are only a small part of the impact. Much has been written and said about how the data center and AI boom are consuming and will consume increasingly higher shares of global electricity demand, and grids are struggling to meet soaring demand. Fossil Fuel Gains Could Outweigh Emissions Cuts from Renewables Arguably, a fundamental change in the energy system may not come from surging power demand, but from the efficiencies and productivity gains AI will help energy companies achieve, according to a…

Read the full story at Oilprice.com →