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International Energy Agency

IEA's new outlook predicts era of abundant oil supply until 2030 for India

IEA's new outlook predicts era of abundant oil supply until 2030 for India

Wed, Jun 12, 2024

The report examines energy transition patterns that may affect oil demand in various industries, and how these changes may impact the country's energy security.

World coal power demand to hit new high after China, India, U.S. surge - IEA

World coal power demand to hit new high after China, India, U.S. surge - IEA

Sun, Dec 19, 2021

Overall coal demand, including for industries such as cement and steel, is expected to grow 6% this year. Though it will not exceed the record consumption levels of 2013 and 2014, it could hit a new all-time high next year, the IEA report said

OPEC forecasts oil demand rebound before post-2035 plateau

OPEC forecasts oil demand rebound before post-2035 plateau

Tue, Sep 28, 2021

With oil demand recovering, OPEC and its allies such as Russia - a grouping known as OPEC+ - are unwinding record supply cuts made last year.

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Emissions from advanced economies set to rise in 2018: IEA

Emissions from advanced economies set to rise in 2018: IEA

Wed, Dec 05, 2018

The world`s advanced economies will see an uptick in their carbon dioxide emissions this year, bucking a five year-long decline, the International Energy Agency (IEA) said on Tuesday.

Oil eases as traders and investors grow edgy ahead of OPEC meet

Oil eases as traders and investors grow edgy ahead of OPEC meet

Mon, Nov 20, 2017

Brent crude futures were at $62.37 per barrel by 1002 GMT, down 35 cents on the day, while U.S. West Texas Intermediate (WTI) crude futures were down 7 cents at $56.48 a barrel.

OPEC could extend or deepen supply cut if oil glut persists: Sources

OPEC could extend or deepen supply cut if oil glut persists: Sources

Fri, Feb 17, 2017

The organisation of petroleum exporting countries (OPEC) could extend its oil supply-reduction pact with non-members or even apply deeper cuts from July if global crude inventories fail to drop to a targeted level.

OPEC figures show over 90% compliance with supply cut: Sources

OPEC figures show over 90% compliance with supply cut: Sources

Fri, Feb 10, 2017

The Organisation of the Petroleum Exporting Countries (OPEC) has delivered more than 90% of pledged oil output curbs in January whereby making a strong start to implementation of its first production cut in eight years.

China takes global lead in clean energy

China takes global lead in clean energy

Sat, Jan 07, 2017

"Renewable energy will be the pillar for China`s energy structure transition," said Li Yangzhe, deputy head of the National Energy Administration, the official Xinhua news agency reported.

Crude oil edges up before producer talks on output curbs

Crude oil edges up before producer talks on output curbs

Wed, Oct 12, 2016

Crude futures inched up on Wednesday, with investors waiting for talks between OPEC producers and other oil exporters on curbing output to end a glut in the global market.

Global oil glut set to last at least until mid-2017: IEA

Global oil glut set to last at least until mid-2017: IEA

Tue, Sep 13, 2016

A global oil glut that has hurt producers but means cheaper pump prices for consumers looks set to go on at least six months longer than previously thought, the International Energy Agency said Tuesday.

IEA cuts oil demand forecast on Brexit impact

IEA cuts oil demand forecast on Brexit impact

Thu, Aug 11, 2016

The IEA said Thursday it had cut its oil demand growth forecast for 2017 because of a weaker outlook for the world economy following Britain`s vote to leave the European Union.

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