LATEST GEÓPOLITICAL INTEL: GEÓ Insights – Keep Up To Date with the Latest Geopolitics
- How Soaring Energy Demand Helped Push Bitcoin Below $90,000
Bitcoin dropped below $90,000 on Monday for the first time since April, touching an intraday low of $89,426 before closing near $91,200. The decline marked a more-than 20% retreat from the cryptocurrency’s October peak above $126,000 and has erased all of its gains for 2025. While broader market factors — including $2.3 billion of outflows from U.S. spot Bitcoin ETFs in the first half of November and rising Treasury yields — have contributed to the sell-off, an important supply-side pressure has come from Bitcoin miners themselves.…
- AI’s Energy Appetite Is Forcing a Grid Transformation
Artificial Intelligence, electrification, and the exponential growth of renewable energies are transforming electric grids around the world. In order to keep up with these massive changes, electric grids and the supply chains that support them are due for some critical updates and adaptations. Utility-scale grid storage is becoming increasingly critical, as are long-duration storage solutions that won’t fall pretty to geopolitical disruptions. AI is driving an energy-production frenzy as experts try to predict how much electricity the…
- US Crude Oil Inventories Continue to Rise as Production Hits New High
The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a large build of 4.4 million barrels in the week ending November 14. Crude oil inventories gained 1.3 million barrels in the week prior. Crude oil inventories in the United States are so far showing a net gain of 9.3 million barrels for the year, according to Oilprice calculations of API data. Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) have risen by 500,000 barrels…
- China Tests Floating Devices That Turn Raindrops into Electricity
Chinese scientists have built and tested a floating droplet electricity generator (DEG) to turn the kinetic energy of raindrops into renewable power. Unlike conventional DEGs, which are used on land and are heavier and costlier, the floating device developed by researchers at the Nanjing University of Aeronautics and Astronautics (NUAA), with the support of Chinese state and provincial funding and programs, uses water for both structural and electric-generation components. In the research, published in the November issue of National Science Review,…
- New Tech Drives Renaissance in Offshore Drilling
Technology improvements are driving a renaissance in offshore drilling in the United States. And it’s not a moment too soon, as many analysts believe shale is nearing its peak. Also, with the energy transition not going as fast as hoped, some new oil and gas supply would come in quite handy. Earlier this year, the U.S. Energy Information Administration said that it expected crude oil output from Gulf of Mexico fields to rise from the current 1.8 million barrels daily to 2.4 million barrels daily as early as 2027. “We believe that offshore…
