International Energy Agency
The International Energy Agency now forecasts a demand decline of nearly 8 million barrels a day in 2020, largely due to the COVID-19 pandemic.
29 days ago
Global investment in energy is expected to drop by around 20% year over year in 2010 according to a new report from the International Energy Agency.
2 months ago
Last Updated: 2 months ago
In the latest revision to its Global Energy Review, the IEA estimates that global demand for energy will decline by 6% in 2020 due to the COVID-19 pandemic. U.S. demand is expected to fall by 9%.
3 months ago
The International Energy Agency on Wednesday said that global oil demand would decline by 29 million barrels a day next month and end the year down by 2.7 million barrels a day.
3 months ago
The International Energy Agency has forecast that demand for oil in 2020 will be lower than demand in 2019. That hasn't happened since the financial crisis of 2009.
4 months ago
The International Energy Agency cut its first-quarter and full-year estimates of demand growth for crude oil. The coronavirus outbreak continues to hit the oil market hard.
5 months ago
The International Energy Agency reported Thursday that global CO2 emissions in 2019 were flat with emissions in 2018, ending a two-year streak of rising emissions. The bad news is that the level is...
5 months ago
Last Updated: 5 months ago
Recent geopolitical events in the Middle East caused world oil prices to spike but the effect was soon reversed. The overall balance in global oil supply and demand should continue at least through...
6 months ago
Last Updated: 6 months ago
In its December report, the International Energy Agency forecasts that the recently announced OPEC+ production cuts will not be enough to reduce supplies. Based on futures trading, oil markets appear...
7 months ago
Last Updated: 7 months ago
In its 2019 World Energy Outlook, the International Energy Agency paints a bleak picture for cutting emissions quickly enough and by a large enough amount to meet the goal of keeping global warming...
8 months ago
Last Updated: 6 months ago
The International Energy Agency has lowered its demand growth forecast for both 2019 and 2020 by 100,000 barrels a day as global supply continues to rise and geopolitical risks are mostly ignored.
9 months ago
Last Updated: 7 months ago
Wind energy has the potential to generate far more than 100% of global electricity demand by 2040. But is there the will to make the investment?
9 months ago
Last Updated: 7 months ago
In the latest IEA oil markets report, its experts commented that the trade war has dented demand and may do so more forcefully if the battle goes one.
11 months ago
Last Updated: 6 months ago
Although demand from crude oil is expected to rise over the next several quarters, the size of the increase is shrinking. And OPEC is not going to be able to turn that situation around by reducing...
1 year ago
Last Updated: 6 months ago
The International Energy Agency's Oil Market Report for April lowers slightly the agency's demand growth estimates for both this year and last. Crude prices are lower following the report.
1 year ago
Last Updated: 7 months ago