14

Apr

IEA ups oil demand forecast as vaccinations brighten outlook

Vaccine rollouts are brightening the outlook for global oil demand, the International Energy Agency (IEA) said on Wednesday, though rising cases in some major oil-consuming countries show a recovery may…

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18

Jan

IEA says oil, gas methane emissions down 10% in 2020 as output fell

Global emissions of the potent greenhouse gas methane from oil and gas production dropped 10% in 2020 mainly because of lower output as opposed to concerted climate action, a report…

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14

Oct

IEA says oil producers may struggle to gauge demand amid second wave

Global oil stocks which rose during the height of the pandemic are being steadily reduced, the International Energy Agency (IEA) said on Wednesday, but a second wave is slowing demand…

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07

Sep

IEA sees oil market stuck between no major slowdown but stalled recovery

The global economy is likely not headed for any major slowdown due to COVID-19 but piled-up storage and uncertainty over China's oil demand cloud oil markets' recovery, an official with…

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11

Jul

IEA raises 2020 oil demand forecast but warns COVID-19 clouds outlook

The International Energy Agency (IEA) bumped up its 2020 oil demand forecast on Friday but warned that the spread of COVID-19 posed a risk to the outlook. The Paris-based IEA…

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10

Jun

Global gas demand on course for biggest annual fall on record

The coronavirus crisis and a very mild winter in the northern hemisphere have put global natural gas demand on course for the biggest annual fall on record, the International Energy…

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20

May

Global green energy growth to fall for first time in 20 years-IEA

Global growth in new renewable energy capacity will experience its first annual decline in 20 years this year amid the coronavirus pandemic but is expected to pick up next year,…

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12

Oct

‘Business as usual’ for oil after Saudi attacks, oversupply looms: IEA

Global oil markets have quickly recovered from attacks on Saudi oil facilities last month and even face oversupply next year as global demand slows, the International Energy Agency said. Saudi…

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