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International Energy Agency

IEA reduces oil demand growth forecast as prices climb amid rising Middle East tensions

The International Energy Agency reduced its prediction for 2024 oil demand growth, citing “exceptionally weak" OECD deliveries, a largely complete post-Covid-19 rebound and a...

Europe’s pro-nuclear leaders seek atomic energy revival

Leaders from pro-nuclear European countries and energy experts are set to call for a nuclear energy revival on Thursday at a summit in Brussels,...

IEA raises 2024 oil demand forecast for third month in a row

The International Energy Agency (IEA) on Thursday made a further upward revision to its 2024 oil demand growth forecast, though its projection remains dramatically...

Oil prices on track for first weekly rise in two months

Oil prices rose on Friday, on track to notch their first weekly rise in two months after benefiting from a bullish forecast from the...

OPEC boosts oil demand forecast to 2045 despite climate crisis

OPEC raised its world oil demand forecasts for the medium and long term in an annual outlook, and said $14 trillion of investment is...

IEA says route to net zero requires more cash and less politics

Record growth in clean energy technology, including solar panels and electric vehicles, means it is still possible to limit global warming to 1.5 degrees...

IEA cuts global oil demand outlook for 2023 as economy slows

Global oil demand won’t grow as fast as previously expected this year due to the faltering economies of developed nations, the International Energy Agency...

Energy agency chief: “No excuse” for high methane emissions

The International Energy Agency on Tuesday accused fossil fuel industries of doing too little to curb methane emissions and undermining global climate goals to...

Japan’s restart of nuclear reactors will help Europe’s winter energy supply say IEA chief

Japan's restart of more nuclear power plants would help ease Europe's energy supply fears during the winter as more liquefied natural gas (LNG) will...

Oil prices dive as U.S. weighs record reserves release

Oil prices plunged more than $5 a barrel on Thursday on news the United States was considering the release of up to 180 million...