Market Update: China-US Tariff War to Negatively Impact Global Oil Consumption
The world’s oil consumption could be negatively affected by the escalating trade dispute between the United States and China, …
All posts tagged 'IEA'
Market Update: Saudis Remain Committed to Oil Output Cut Deal
Saudi Arabia is committed to sticking with the petroleum output freeze for the remainder of this year even if …
Oil Markets’ Rebalancing Faster Thanks to Venezuelan Output Cut
Global oil markets are rebalancing fast following a falling supply from Venezuela, which has posted last year’s biggest unexpected …
Expert Analysis: Electrifying the Developing World as EU’s Development Goal
According to the International Energy Agency (IEA), 1.2 billion people are currently living without access to electricity. This situation …
Market Update: European Oil Giants Hurry to Drill in Inhospitable Northern Waters
European companies are planning to drill oil in the continent’s northern waters as world leaders prepare to meet for …
Market Update: Coal Production Plummeted in 2016
According to the International Energy Agency (IEA), the world’s global goal production went down significantly in 2016. The agency …
Morocco Deepens Cooperation with IEA on Energy Security and Efficiency
Morocco signed a three-year joint program of work with the International Energy Agency (IEA) to deepen bilateral cooperation in …
Market Update: Oil Supply Outpacing Output Next Year
The International Energy Agency (IEA) said that growth in oil supply would outpace an anticipated increase in demand that …
Market Update: Saudis Contemplating Oil Output Freeze Beyond March 2018
Saudi Energy Minister Khalid al-Falih said that OPEC and other leading non-OPEC producers might need to prolong their output …
Market Update: Oil Prices Rising as OPEC Production Falls
Oil prices have been on the rise since major crude producers painstakingly tightened their output in support of the …