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Russian isolation won't spark 'acute' oil supply crunch: IEA

Agence France-Presse
Posted at May 12 09:17 PM

Russia's growing isolation will not create an "acute" global oil supply crunch as production from other countries is rising and demand from China is falling, the International Energy Agency said Thursday. Read more »

IEA lowers world oil demand outlook on China lockdowns

Agence France-Presse
Posted at Apr 13 05:48 PM

Global oil demand will be slightly lower than forecast this year in the wake of strict Covid lockdowns in China, the world's biggest importer of crude. Read more »

Japan releasing 15-M barrels of oil to tame market

Kyodo News
Posted at Apr 07 06:02 PM

The release, tapping both private and state reserves, will be the largest such move by Japan. Read more »

IEA cuts oil demand outlook, fears Russia supply 'shock'

Agence France-Presse
Posted at Mar 16 07:43 PM

The International Energy Agency cut its world oil demand forecast for 2022 on Wednesday, warning that sanctions against Russia could spark a global supply "shock". Read more »

US, allies agree oil reserves release

Yuka Obayashi and Noah Browning, Reuters
Updated as of Mar 03 05:02 AM

Members states of the International Energy Agency agreed on Tuesday a coordinated release of 60 million barrels from oil reserves. Read more »

Oil, from worthless in the pandemic to $100 a barrel

David Gaffen, Reuters
Posted at Feb 24 04:56 PM

In 2020, there was so much oil there was nowhere to put it, and in mid-April the price of a barrel of West Texas crude went below $0 as sellers had to pay to get rid of it. Read more »

IEA sees 'more comfortable' year for oil market in 2022

Agence France-Presse
Posted at Dec 14 06:31 PM

The Omicron variant will slow the recovery in global demand for oil but the market will be "more comfortable" in 2022, the International Energy Agency said. Read more »

Oil demand set to exceed pre-pandemic levels in 2022: IEA

Richard Lein, Agence France-Presse
Posted at Jun 11 05:20 PM

Oil demand is set to rise above pre-pandemic levels by the end of next year, the IEA said Friday, but producers have sufficient capacity to rise to the challenge. Read more »

Renewable energy powers ahead in 2020: report

Agence France-Presse
Posted at May 11 02:50 PM

Renewable energy grew at its fastest rate in two decades, driven primarily by gains in China and wind power, the International Energy Agency said in a report Tuesday.   Read more »

CO2 emissions set to surge, IEA warns

Agence France-Presse
Posted at Apr 20 02:47 PM

Climate-changing CO2 emissions are set to surge by the second-biggest amount in history this year as the global economy recovers from the Covid-19 pandemic, the IEA warned Tuesday, days before a major climate summit. Read more »

Gasoline demand may never recover from pandemic: IEA

Reuters
Posted at Mar 18 05:49 AM

LONDON - Gasoline demand may never recover to pre-pandemic levels, the International Energy Agency (IEA) said on Wednesday, with increased use in developing countries offset by rising fuel efficiency and a switch to electric vehicles in wealthy nations. Read more »

Coronavirus weighs on global oil demand: IEA

Agence France-Presse
Posted at Aug 13 05:06 PM

Overall, the IEA cut its forecast for global oil demand for the whole of 2020 to 91.9 million barrels per day, the first downgrade in a number of months.  Read more »

IEA floats 'green recovery' plan to boost economies, cut emissions

Marlowe Hood, Agence France-Presse
Posted at Jun 18 09:39 PM

The International Energy Agency (IEA) on Thursday unveiled a three-year, post-pandemic master plan to simultaneously salvage the global economy and reduce greenhouse gas emissions. Read more »

Investors step up pressure on global energy watchdog over climate change

Matthew Green and Jonas Ekblom, Reuters
Posted at Nov 18 10:34 PM

Fatih Birol, the head of the International Energy Agency (IEA), faced renewed pressure on Monday from investors and scientists concerned about climate change to overhaul the agency's projections for fossil fuel demand. Read more »

US briefly overtakes Saudi Arabia as top oil exporter - IEA

Noah Browning, Reuters
Posted at Sep 12 05:50 PM

Global oil demand is weathering economic headwinds, the International Energy Agency (IEA) said on Thursday, buoyed by lower prices brought on by abundant supply as the United States briefly dethroned Saudi Arabia as the world's top exporter. Read more »