IEA

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…

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.…

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…

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…

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…

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…

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…

In response to a recent surge in crude oil prices, U.S. oil producers are proactively locking in future sales to secure their revenue streams. The price of U.S. crude jumped…

Oil prices opened Wednesday with tentative gains, rebounding from a significant decline experienced on Tuesday. The fluctuations in oil prices come as traders refocus their attention on the ongoing situation…

According to a recent report from the International Energy Agency (IEA), demand for natural gas is expected to increase more than previously anticipated. The agency forecasts that this strong demand…