IEA

India and China Lead Russian Crude Oil Purchases, Shifting Global Dynamics

In a remarkable turn of events, India and China have emerged as dominant players in the global oil market, cementing…

2 years ago

OPEC+ oil supply cuts could tip world into recession, IEA says

A decision by the OPEC+ oil producer group last week to rein in output has driven up prices and could…

3 years ago

Exclusive: OPEC sees global oil demand growth slowing in 2023, sources say

World oil demand growth will slow in 2023, OPEC delegates and industry sources said, as surging crude and fuel prices…

3 years ago

EXCLUSIVE Biden sidelined global energy partners with record emergency oil release

The United States announced a record-sized release of emergency crude oil reserves in March without consulting partners in the International…

4 years ago

It is time to reduce oil consumption: the IEA has a 10-point strategy

As Russia sends a significant portion of its oil to Asia and Europe. However, it is worth noting that when…

4 years ago

World must triple clean energy investment by 2030 to curb climate change -IEA

Investment in renewable energy needs to triple by the end of the decade if the world hopes to effectively fight…

4 years ago

Oil prices drop amid faltering demand outlook in China

Oil prices fell by about 2% on Monday, dropping for a third session, after official data showed that refining throughput…

4 years ago

Oil dips as Delta variant weighs on demand forecasts

The Brent benchmark oil price fell for a second day on Friday, albeit holding above $70 a barrel, after the…

4 years ago

Dollar holds firm near 4-month high on Fed tapering bets

The dollar held firm on Friday, staying near its highest level in four months against a basket of currencies as…

4 years ago