Brent crude prices rose 1.4% to $63.90 per barrel at the time of writing, while West Texas Intermediate crude prices gained 90 cents, closing in on $60 per barrel.
Powering the future of the artificial intelligence (AI)-driven economy has put demand for nuclear energy back in the spotlight in ways never seen before.
California Gov. Gavin Newsom strongly opposed the Trump's reported intentions to expand offshore drilling in California. The IEA predicted global oil and gas demand could grow until 2050.
After a brief and cautious rebound on Wednesday, risk-off sentiment returned sharply on Thursday, with AI-linked stocks leading a broad selloff across Wall Street and renewed pressure hitting crypto markets.
Doug Burgum, the U.S. Secretary of the Interior, highlighted America's renewed energy dominance under President Donald Trump, amid record-breaking output and surging LNG exports.
