Oil up on Thursday
Oil went up for the second consecutive day, lifted by a decrease in US oil reserves and a broader positive…
Browsing Tag
International Energy Agency
Oil steady at week’s opening
Oil steady at the beginning of the week amidst speculation of potential growth-boosting measures in China and…
China’s EV industry on shaky ground
China's electric vehicle (EV) industry is experiencing explosive growth, with production capacity surging at a pace…
Shell, TotalEnergies, Mitsui in talks with ADNOC to invest in UAE’s LNG export…
Shell, TotalEnergies, and Mitsui & Co. are in discussions to invest in Abu Dhabi National Oil Co. (Adnoc)…
Oil retreats from 5-m peak on Monday’s opening
Oil retreated from a five-month peak following Israel's announcement of troop withdrawal from Gaza, with traders…
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…
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…
IEA targets renewable energy costs in developing countries
The Executive Director of the International Energy Agency (IEA), Fatih Birol, announced on Friday at an energy…
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…