A year after world leaders called for a global shift away from fossil fuels, climate diplomats, campaigners, and policy experts warn that nations are failing to transform that promise into…
IEA
The International Energy Agency (IEA) is an autonomous organization that provides policy advice, data, and analysis on global energy issues. It promotes energy security, sustainability, and economic growth through international collaboration and research.
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Momentum in oil markets has continued to shift downward over the past two weeks, marked by a series of declines in key trading indicators. Over the last 10 trading days,…
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On Wednesday, November Nymex natural gas (NGX24) prices closed up by $0.031, or 1.34%, as market analysts anticipate a rise in inventory levels. The expected increase of 66 billion cubic…
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Iraq’s Deputy Petroleum Minister, Hamid Younes al-Zobai, recently visited Washington, D.C., to advocate for increased financial investment from U.S. energy firms. His mission centered on promoting the notion that enhanced…
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Guyana is emerging as a significant contender against OPEC’s influence in the global oil market, according to the International Energy Agency’s (IEA) 2024 World Energy Outlook, released on October 16.…
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This week, crude oil prices experienced sharp declines driven by a combination of factors that negatively impacted market sentiment. Key concerns include weak demand from China and easing supply risks…
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Oil prices remained relatively unchanged during Thursday’s intraday trading sessions, following a sharp decline of more than 4% on Tuesday, which brought prices to a near two-week low. This drop…
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OPEC’s spare oil production capacity is often cited by analysts as a key factor when the specter of rising oil prices looms. The recent International Energy Agency (IEA) monthly report…
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Oil prices showed little change during Wednesday’s intraday session following a significant drop of over 4% on Tuesday, reaching a near two-week low. This decline comes amid easing concerns over…
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Oil prices experienced an uptick on Thursday, recovering from the recent lows observed over the past two weeks. Investors are closely monitoring developments in the Middle East while awaiting the…