Oil price cap enforced on Russian crude oil
A price cap was imposed on Russian crude oil in addition to Russian oil products on Saturday during G7 meetings.
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IEA
International Energy Agency sees largest fall of oil demand in history in 2020
Oil prices have plummeted around 40 percent year-to-date, as lockdown measures designed to curb the spread of the…
Oil prices expected to increase as ‘sharply’ from now on: IEA
The International Energy Agency says a recent hike in the oil price could soon start to ease, helping to alleviate…
U.S. to overtake Russia as top oil producer by 2019: IEA
The United States will overtake Russia as the world's biggest oil producer by 2019 at the latest, the International…
Oil market re-balancing is underway yet non-OPEC expansion continues: IEA
The oil market is re-balancing as demand continues to grow but more time is needed before these shifting…
IEA: Arab rift with Qatar is causing operational problems
The ongoing rift between several Middle Eastern countries and Qatar is causing "logistical headaches," the…
IEA: global oil demand improves yet slowdown still forecast for 2017
Global demand for oil continues to edge up as recent measures to rebalance the market have come into play, but a…
IEA ups 2017 oil demand forecast; says next weeks ‘crucial’ for market after OPEC deal
The next few weeks will give investors an insight into whether the production cuts by OPEC and non-OPEC will be…
IEA cuts oil demand forecast weighed by economic uncertainty
The world will consume less oil next year than previously thought as a climate of economic insecurity continues,…
Oil drops on IEA glut warning, rise in U.S. stocks
Oil fell on Wednesday as the International Energy Agency (IEA) warned that a global supply glut continued to weigh…
