According to the International Energy Agency (IEA), the world’s global goal production went down significantly in 2016. The agency collated data from official national data
Tag: IEA
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 the areas of energy security, energy
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 will bring the global economy above
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 freeze in the future after they
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 agreement struck on 30 November to
Market Forecast: Hedge Funds and Oil Demand in 2017
Saudi Arabia has gained an unprecedented support of a coalition of oil-producing countries to agree output cuts in 2017. The Kingdom has obtained pledges from
2016 Energy Analytics Published
The International Energy Agency (IEA) has recently published the 2016 edition of its Key World Energy Statistics. According to the report, electricity is playing an
Market Update: Global Investment in Energy Plummets
According to the World Energy Investment 2016 report of the International Energy Agency (IEA), the world’s investment in energy went down by 8 percent in
LNG on the Rise: Global Gas Trade to Be Reshaped Over the Next Five Years
The International Energy Agency (IEA) said last week in its 2016 Medium-Term Gas Market Report that the global gas trade would be reshaped in the
Asian Markets in Focus as Iran and Saudi Arabia Fight for Market Share in Oil
Iran’s oil exports are expected to soar in May by almost 60 percent compared to a year ago, which is being mostly driven by the