Latest news
Poland should accelerate green transition
The International Energy Agency (IEA) has urged Poland to accelerate its green transition.
read more... 26/01/2017
IEA gives an upbeat forecast for renewable energy growth
The International Energy Agency (IEA) has increased its forecast for renewable energy growth over the next five years.
read more... 25/10/2016
Daily: Crude oil dips at lowest level in a week after IEA, OPEC see oversupply persisting
Crude oil futures plunged at their lowest level in a week on Tuesday, after the International Energy Agency (IEA) and OPEC revised forecasts indicating that the global crude oversupply could persist much longer than anticipated. Brent crude lost $1.22 or 2.5 percent, to settle at $47.10 a barrel. U.S. West Texas Intermediate crude shed $1.39, or 3 percent, to close at $44.90.
read more... 14/09/2016
Daily: Crude oil prices rally over 4 percent on oil producers meeting, IEA tighter market forecast
Crude oil prices posted the highest level in a month, hiking over 4 percent on Thursday, after Saudi Energy Minister Khalid al-Falih stated that oil producers would discuss potential action to prop up oil prices during a meeting next month in Algeria, move that triggered a round of buying. Additionally, The International Energy Agency forecasted an ample draw in global oil stocks in the next few months that would help tighten a glut that has persisted since 2014. U.S. crude closed at $43.49 per barrel, up $1.78 or 4.3 percent, while Brent crude advanced $1.99 or 4.5 percent , to end at $46.04, after both rallied more than 5 percent during the session.
read more... 12/08/2016
IEA sees reduced global gas demand increase to 2021
Increase in natural gas demand will reduce to an average 1.5 percent a year worldwide through 2021, since stagnation in Europe and doubts about Chinese consumption offsets robust growth in India, as stated by the International Energy Agency (IEA) on Wednesday.
read more... 09/06/2016