Latest news
Daily (15.02.2021): Oil prices soared by 2% on Friday, despite bleak demand outlook
Crude oil prices rebounded sharply on Friday to hit 13-month highs. Despite a weak demand outlook reported by the International Energy Agency (IEA) and OPEC, both Brent crude and WTI oil surged by 2.1% to settle at $62.43 and $59.47 a barrel, respectively.
read more... 15/02/2021
Daily (12.02.2021): Energy prices retreated on Thursday after hitting record highs
Crude oil prices edged lower on Thursday following the downward revision of the global demand outlook from the International Energy Agency (IEA). Consequently, Brent oil slipped by 0.5% to $61.14 a barrel, while WTI crude lost 0.8% to trade at $58.24 a barrel.
read more... 12/02/2021
India to be largest source of energy demand growth to 2040
India will make up the biggest share of energy demand growth at 25% over the next two decades, as it overtakes the European Union as the world’s third-biggest energy consumer by 2030, the International Energy Agency (IEA) said.
read more... 09/02/2021
European demand to rise by 2.3pc in 2021
Power consumption in Europe is expected to rise by 2.3pc year on year in 2021, following a demand recovery due to Covid-19, the International Energy Agency (IEA) said.
read more... 15/12/2020
Four Big Takeaways From the IEA’s World Energy Outlook
Once a year, the International Energy Agency attempts to impose some order on the chaotic world of oil, gas, power and carbon by publishing detailed scenarios on how the next few decades might unfold.
read more... 19/10/2020