China, U.S. spearhead global efforts to replenish low oil stocks
Analysts and traders anticipate that a push to replenish depleted oil stocks in China, the United States, and…
Browsing Tag
International Energy Agency (IEA)
Red Sea crisis is hurting Europe oil product deliveries: IEA
The delays in oil product deliveries due to ships being re-routed to avoid attacks in the Red Sea are impacting…
India to surpass China as main driver of global oil demand in ’30
India is expected to be the biggest contributor of global oil demand growth from 2023 to 2030, surpassing the…
India’s LNG imports jump more than 5% in November – data
India’s liquefied natural gas (LNG) imports rose by 5.3 percent in November to reach 2.34 billion cubic metres,…
COP28 commitments not enough to meet climate objectives – IEA
The International Energy Agency (IEA) stated on Sunday that the multitude of new commitments made at the COP28…
IEA cuts 2024 global demand oil growth forecast – OMR report
The International Energy Agency (IEA) downgraded the global oil demand growth forecast to 880,000 barrels per day…
Net-zero emissions can be reached by 2050 – IEA report
A new report by the International Energy Agency (IEA) showed on Tuesday that achieving the net zero emissions…
Russia makes $17.1bln from oil exports in August
Russian exports of oil rose in the month of August to reach a value of $17.1 billion, said the International Energy…
Global renewable energy capacity expects to grow by 440 GW in 2023 – IEA report
The International Energy Agency (IEA) said on Thursday that global renewable energy capacity is expected additions…
Clean energy investment to surpass oil productions – report
A new report published on Thursday by the International Energy Agency (IEA) revealed clean energy investment is…