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All Stories: IEA

Record year for coal use in 2024: IEA

PARIS: World coal use is set to reach an all-time high in 2024, the International Energy Agency said Wednesday, in a year all but...

IEA sees ‘major’ oil supply surplus emerging by 2030

PARIS: The world is likely to have a "major surplus" of oil by 2030 as production is ramped up while the clean energy transition...

Solar investment outstrips all other power forms: IEA

PARIS: More money is pouring into solar power than all other electricity sources combined, with investments set to reach half a trillion dollars this...

King coal set to lose crown for electricity production: IEA

PARIS: Renewables are set to displace coal as the top source of energy for electricity production globally in 2025, the International Energy Agency said...

Energy firms not doing enough to cut methane: IEA

PARIS: Oil and gas companies are not doing enough to cut methane emissions the International Energy Agency (IEA) said Tuesday, despite high energy prices...

Oil demand rises as gas prices surge: IEA

PARIS: Global oil demand will rise more than previously forecast this year as heatwaves and soaring gas prices are prompting countries to switch fuels...

Oil rises after IEA supply shortfall warning

Oil prices climbed on Thursday after the International Energy Agency (IEA) said markets could lose three million barrels per day (bpd) of Russian crude...

‘Bad News’: CO2 emissions to rise in 2018, says IEA chief

PARIS: Energy sector carbon emissions will rise in 2018 after hitting record levels the year before, dimming prospects for meeting Paris climate treaty goals,...

US to overtake Russia as top oil producer by 2019

TOKYO: The United States will overtake Russia as the world’s biggest oil producer by 2019 at the latest, the International Energy Agency (IEA) said...

Sunny future for renewables thanks to China: IEA

PARIS: Solar energy is to lead the race to new power generation over the coming decades, thanks in large part to China and India,...

OPEC output cut may hasten oil market rebalance: IEA

SINGAPORE: The oversupplied oil market will be rebalanced earlier than expected if major crude producers implement a deal to cap output when they meet...

IEA chief says oil price bottoming depends on global growth

KITAKYUSHU, JAPAN: International Energy Agency (IEA) chief Fatih Birol said on Sunday that oil prices may have bottomed out, providing that the health of the global economy does not pose a concern.

IEA says worst may be over for oil price

PARIS: The oil price may have finally bottomed out after an unprecedented drop over the past 18 months, the International Energy Agency (IEA) said Friday, noting oil's "remarkable recovery" over recent weeks.

US crude falls below $28 as IEA warns market could ‘drown in oil’

SINGAPORE: US crude tumbled below $28 a barrel in Asia on Wednesday, hitting new 12-year lows, after the International Energy Agency (IEA) warned that the oil market could "drown in oversupply".

Oil price to fall further as market ‘could drown in over-supply’: IEA

PARIS: The oil price is set to fall further this year as supply vastly exceeds demand, with major oil exporter Iran's return to the market offsetting any production cuts from other countries, the IEA said on Tuesday.

Ample crude supples until mid-2016: IEA chief

SINGAPORE: The head of the International Energy Agency said Monday that ample supplies of oil in the world market would extend into the middle of next year, while investment is expected to decline further because of persistently low prices.

Global oil demand growth to slow in 2016: IEA

PARIS: The world's demand for oil is expected to slow in 2016 in response to a more pessimistic outlook for the global economy, the International Energy Agency (IEA) said Tuesday.

Oil prices lower in Asian trade

SINGAPORE: Oil prices eased in Asia Friday on concerns about unrelenting global production levels and lofty supplies, analysts said.

Oil price recovery not backed by fundamentals: OPEC

VIENNA: A recovery in oil prices which began last month is not justified by fundamentals as there remains a supply glut in the market, oil cartel OPEC said Monday in its monthly report.

Oil prices rebound in Asia after heavy selloff

SINGAPORE: Oil prices rebounded in Asia on Wednesday following a sharp decline in the previous session, analysts said, as investors await a weekly US stockpiles report later in the day.
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