Oil demand expected to fall by 8.6 mbpd – IEA
Oil demand is still set for a record fall in 2020, the International Energy Agency (IEA) said on Thursday, but it trimmed its forecast for the drop citing easing…
COVID-19: Economic lockdowns will trigger biggest ever fall in energy demand, emissions – IEA
Economic lockdowns brought on by the coronavirus pandemic set to cut global energy demand and carbon dioxide emissions by record amounts, the International Energy Agency (IEA) said on Thursday. Global…
OPEC ministers gather to discuss further reduction of oil production as coronavirus hits demand
OPEC ministers are beginning to arrive to Vienna on Tuesday as the group debates whether to further reduce oil production to tackle deteriorating demand from the global spread of the…
Oil prices edged lower as investors await data on impact of coronavirus on demand
Oil prices edged lower on Monday as investors brace for economic data in Asia due this week that should give a reading on how China’s coronavirus epidemic has affected oil…
Global coal demand to remain stable up to 2024 – IEA
Global coal demand is expected to remain stable until 2024 as growth in Asia offsets weaker demand from Europe and the United States, the International Energy Agency (IEA) said on…
Global oil inventories could build by 700,000 bpd in Q1 2020 – IEA
Global oil inventories could rise sharply despite an agreement by OPEC and its allies to deepen output cuts as well as lower expected production by the United States and other…
Global oil demand growth to slow from 2025 – IEA
Global oil demand growth is expected to slow from 2025 as fuel efficiency improves and the use of electrified increases but is unlikely to peak in the next two decades,…
2019 AIF: Achieving an African economy 4 times bigger with only a 50% increase in energy demand
Africa has the potential to expand the continental economy fourfold, with energy demands expanding by only 50 percent, according to a new report. The International Energy Agency (IEA) unveiled…
Africa must quadruple power investment in the next 20 years to supply electricity for all – IEAÂ
African countries will need to quadruple their rate of investment in their power sectors for the next two decades to bring reliable electricity to all Africans, an International Energy Agency…
Oversupply looms as global oil supply recovers after Saudi attacks – IEA
Global oil markets have quickly recovered from attacks on Saudi oil facilities last month and even face oversupply next year as global demand slows, the International Energy Agency said on…