International Energy Agency

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

Electric Car Sales to Reach 14 million in 2023, says IEA

Electric car sales are expected to continue strongly through 2023 and more than 2.3 million electric cars were sold in…

3 years ago

Monetary authority of Singapore launches revised Green Finance action plan

The Monetary Authority of Singapore, the city-state’s central bank and financial regulator, has launched a green finance initiative – Finance…

3 years ago

Lost Russian oil revenue is bonanza for shippers, refiners

Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars towards shipping and…

3 years ago

Analysis: The hardest part is yet to come for gas-hoarding Europe

Europe faces a much tougher task to rebuild gas stocks next year compared with this winter, meaning energy bills are…

3 years ago

Analysis: G7 Russian oil price cap evolves from revenue squeeze to market anchor

When U.S. officials first floated the idea of capping Russian oil export prices in response to a planned European embargo…

3 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

Oil falls more than 1.5% on demand fears and strong dollar

Oil fell by more than 1.5% on Monday, pressured by expectations of weaker global demand and by U.S. dollar strength…

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

Oil slides on release of strategic reserves and China lockdowns

Oil prices dropped by more than $2 a barrel on Monday after a second straight weekly decline on plans to…

4 years ago