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…
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International Energy Agency
Huge stocks overhang threatens oil price recovery: IEA
The global glut in oil is refusing to ease and acts as a major dampener on crude prices despite robust demand…
IEA chief says oil price decline depends on global growth
International Energy Agency (IEA) chief Fatih Birol said on Sunday that oil prices may have bottomed out, providing…
Oil rises as IEA expects biggest non-OPEC output fall in 25 years
Crude prices rose on Thursday, reversing earlier declines, as the International Energy Agency (IEA) said that 2016…
Eni focused on starting up its Egypt gas field Zohr by 2017-end: CEO
Italy oil giant, Eni is focused on starting production at its giant offshore Zohr gas field in Egypt by end-2017,…
IEA expects oil market to remain oversupplied until late 2016
Unseasonably warm weather and rising supply will keep the crude oil market oversupplied until at least late 2016,…
Oil prices decline for seventh session on oversupply worries
Crude oil futures fell for a seventh straight session on Monday, their longest losing streak since mid-2014, as a…
Brent Crude Extends Rally as IEA Warns of Middle East Risks
Brent crude prices extended their rally beyond $62 a barrel on Tuesday as the IEA warned of supply risks in the…
IEA Warns of Declining Libya, Iraq Oil Supplies
The International Energy Agency Friday warned of declining supply from OPEC members Libya and Iraq even as it…
New Natural Gas Field Discovered In Iran
Iran has found a new natural gas field in the country's southwestern province of Khuzestan which is estimated to…
