
Annual benchmark global energy report shows fossil fuels continued to dominate in 2024
In 2024, oil, natural gas and coal made up 86.6% of the total global energy consumption, according to the report.
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In 2024, oil, natural gas and coal made up 86.6% of the total global energy consumption, according to the report.

Soaring oil and natural gas prices. Electricity grids on the brink of failure. Energy shortages in Europe, with worse to come. The free world’s growing strategic vulnerability to Vladimir Putin and other dictators.

JEDDAH, Saudi Arabia—Saudi Arabia’s Crown Prince Mohammed bin Salman said on Saturday more investment was needed in fossil fuel and clean energy technologies to meet global demand, and that unrealistic emission policies would lead to unprecedented levels of inflation.
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