International Energy Agency
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Energy
US Energy Chief Says IEA Must ‘Drop’ Focus on Climate Change
US Energy Secretary Chris Wright urged the International Energy Agency on Wednesday to abandon its work on climate change and…
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Environment
Renewables Outpace Fossil Fuels Despite US Policy Shift: IEA
Renewable energy is still expanding faster than fossil fuels around the world despite policy changes in the United States, with…
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Energy
Global Oil Supply Hit Record High in August: IEA
Global oil supply hit a record high in August as OPEC+ and other countries ramped up production, with a looming…
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Energy
Belgium parliament votes to ditch nuclear power phase-out
Belgium on Thursday officially abandoned plans to phase out nuclear power, with parliament voting to scrap a two-decades-old pledge and…
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Economy
Easing Trade Tensions Slightly Lift Oil Demand Outlook: IEA
Global oil demand is expected to grow a hair higher than previously forecast this year as trade tensions have eased…
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Energy
Oil: Brent Crude Price Surpasses $80
Oil prices experienced a rebound on Wednesday, fueled by stronger-than-anticipated crude demand in the fourth quarter of 2024. Before noon,…
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Economy
Oil: Brent Experiences Slight Decline at $71.72
Oil prices saw a minor decrease on Friday, driven by forecasts of increased supply in the coming months and a…
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Economy
Oil: IEA Raises Demand Forecasts for 2024
In its monthly report released on Thursday, the International Energy Agency (IEA) has raised its forecast for oil demand growth…
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Africa
World Bank’s $90B Plan to Provide Electricity to 300 Million Africans Is Underway
An ambitious plan to provide electricity to 300 million Africans by 2030, supported by an initial $30 billion commitment from…
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Economy
Oil Prices Rise Nearly 2% Amid Concerns Over Hurricane Impact on U.S. Production
On Thursday the International Energy Agency (IEA) cut its 2024 oil demand growth forecast by 70,000 bpd, or about 7.2…
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