The International Energy Agency released its monthly Oil Market Report for November today and the agency has cut its fourth quarter demand estimate by 290,000 barrels a day from the ... Read Full Story »
The International Energy Agency (IEA) released its latest World Energy Outlook today with the headline projection that by 2020 the United States will be the world’s leading oil producing nation. ... Read Full Story »
In a new report issued today, the International Energy Agency (IEA) declares that “Iraq’s energy sector holds the key to the country’s future prosperity and can make a major contribution ... Read Full Story »
In its monthly Oil Market Report released this morning, the International Energy Agency (IEA) raised its global demand projections for 2012 and 2013 by 100,000 barrels a day to 89.8 ... Read Full Story »
The International Energy Agency (IEA) report on oil demand was another signal of a global economic slowdown that is now likely to last through 2013. In its August Oil Market ... Read Full Story »
China's exports rose only 1% in July, another sign of a sharp deceleration of economic activity around the world. Imports moved higher by 4.7%, so at least there is some ... Read Full Story »
The International Energy Agency (IEA) today released its monthly report for July. Yesterday we got OPEC’s take on the state of the oil market, and the day before that we ... Read Full Story »
The International Energy Agency (IEA) this morning released its monthly oil market report, and as usual, there is some variation from the report that came out yesterday from OPEC. The ... Read Full Story »
Over the next five years, global demand for natural gas will rise at an average annual growth rate of 2.7% according to a report from the International Energy Agency (IEA) ... Read Full Story »
The International Energy Agency (IEA) today released a special report in its World Energy Outlook series that anticipates an enormous boost in global unconventional natural gas production provided that “governments, ... Read Full Story »
The International Energy Agency this morning released its April report on the global oil market. The short version of the story is that global consumption of oil is expected to ... Read Full Story »
The International Energy Agency reported good news about supplies. Global oil inventories were boosted by as much as 1.2 million barrels a day in the first quarter as production from ... Read Full Story »
The executive director of International Energy Agency has released a statement this morning that is pushing crude prices down further today: The oil market has been tightening in recent months; ... Read Full Story »
An article in The New York Times argues, without much support, that if the Strait of Hormuz is closed for any amount of time, oil prices will rise 50% and ... Read Full Story »
Using very large crude carriers (VLCCs) as floating storage tanks is usually expensive and, therefore, only occasionally used. There are exceptions to that generalization, but no trader wants to pay ... Read Full Story »