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AI Data Centers Need More Power: Could Oil Could Be the Answer?
Posted
October 2, 2025
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1:04Now PlayingFrancisco Blanch, head of commodities and derivatives research at Bank of America, discusses the power demand from artificial intelligence data centers which have sent wholesale electricity prices to record highs. "Oil is about a third of the energy we consume. And even though it doesn't really play out that much into power generation, it could come back if prices stay this low," Blanch explains during an interview on Bloomberg Television.
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