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CO2 emissions from developed countries to rise in 2018: IEAThe world’s advanced economies will see an uptick in their carbon dioxide (CO2) emissions this year, reversing a five year-long declining trend, according to the International Energy Agency (IEA). Based on the latest availab More… |
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IEA slashes global oil demand forecasts for 2018-19The International Energy Agency (IEA) has cut its estimate for global oil-demand growth for both 2018 and 2019 by about 110,000 barrels per day to 1.3 million and 1.4 million barrels a day respectively, due to growing threats to world economic More… |
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Opec ‘Mission Accomplished’ as oil glut vanishes, says IEAThe Organization of Petroleum Exporting Countries (Opec) is on the verge of “mission accomplished” in its quest to clear the global oil glut that caused the worst industry downturn in a generation, reported Bloomberg, citi More… |
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Oil investment set to decline further in 2016: IEAOil investment in 2016 is likely to decline further after sliding this year by more than a fifth, Fatih Birol, executive director of the International Energy Agency (IEA), said on Monday. "If it comes true, this will be the f More… |
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Oil supply tightening as prices plunge, says IEAOil markets are beginning to tighten after a dramatic collapse in prices over the last year, reducing production in many parts of the world and stimulating extra fuel consumption, the West's energy watchdog said. The Internati More… |
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IEA says concerned about current oil pricesThe International Energy Agency (IEA) is concerned about current high oil prices, but did not see the need for any release of strategic stockpiles as the market is well supplied despite supply outages in Libya, the group's head said on Tue More… |
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IEA head says oil market sufficiently suppliedThe global oil market is sufficiently supplied and there is no reason to release extra reserves now, the head of the International Energy Agency (IEA) said on Thursday. "There is no reason for action at this moment," Mar More… |
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Gulf Opec members unlikely to boost productionGulf oil producers are unlikely to ramp up oil production further unless demand rises, according to the Organisation of Petroleum Exporting Countries (Opec) delegates from the Gulf region. Finance ministers from the Group of Seven most More… |
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Iran outage, high oil no justification: IEA chiefThe head of the International Energy Agency (IEA) on Tuesday voiced her strongest opposition yet to a release of emergency oil stocks, risking a rift with the agency's most influential member, the US, over strategic reserves policy. More… |
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IEA may release oil reserves in SeptWorld oil consumers are poised to tap into emergency oil inventories as soon as early September after the International Energy Agency (IEA) dropped its resistance to a US-led plan, a source and an oil journal said. Just one week after i More… |
