 |
US oil boom 'will meet new global demand'US shale oil will help meet most of the world's new oil demand in the next five years, even if the global economy picks up steam, leaving the need for Opec crude barely changed from today' More… |
 |
Top analysts cut 2013 oil demand growth estimatesThe International Energy Agency (IEA) trimmed its estimate for growth in oil demand in 2013, becoming the third of the world's top oil forecasters this week to predict weaker consumption due to subdued economic growth. World o More… |
 |
Weak economy to depress oil demand in 2013: IEAGlobal oil demand is set to be depressed by weak economic growth throughout 2013 while soaring US oil production gives consumers a perfect cushion to withstand most supply outages, the International Energy Agency (IEA) said on More… |
 |
High crude price could dent global recovery: IEAHigh Brent crude prices could dent a global economic recovery while Europe's economy holds the key to determining world oil demand in 2013, the chief economist of the International Energy Agen More… |
 |
Sluggish oil demand forecast in 2013Global oil demand will be sluggish throughout 2013 as economic expansion remains tepid, the West's energy agency said on Wednesday, also predicting comfortable oil supply levels, which could alleviate oil price pressures on More… |
 |
Iranian oil output, exports rebound - IEAIranian oil output rose in October after seven months of decline due to Western sanctions and its exports rebounded strongly as China and South Korea bought more oil, the West' energy watchdog said on Tuesday. The Internationa More… |
 |
US to overtake Saudi as top oil producer: IEAThe US will overtake Saudi Arabia as the world's top oil producer by 2017, the West's energy agency said on Monday, predicting the major energy importer would soon achieve self-sufficiency in oil and gas. The forecasts by More… |
 |
Iran denies steep plunge in oil exportsIran's oil exports have remained steady in recent months, Iran's Opec governor said on Saturday, denying a report from the International Energy Agency (IEA) that Iran is struggling to arrest a decline in its oil sales. In More… |
 |
Iran oil exports fall in Sept, may slip furtherIran is struggling to arrest a decline in its oil exports and they could fall to new lows in the coming months due to Western sanctions, putting further strain on the country's financial resources, said a report. The drop in I More… |
 |
Global oil prices set to ease says IEAThe world could see a gradual easing of oil prices over the next five years due to sluggish economic growth and rising energy efficiency and as production increases steeply in Iraq and North America, the West's energy watchdog said yesterday More… |
