Gulf Times - International-Energy-Agency
Long-term contracts in Asia will stand gas producers in good stead

Long-term contracts in Asia will stand gas producers in good stead

A major report released last month by the International Energy Agency (IEA) highlights that India will account for the largest share of energy demand growth between now and 2040 and will bypass China and this economic path comes just in time for the US' new plans and strategy in the Middle East

Global oil demand may suffer as crude nears $80: IEA

Global oil demand may suffer as crude nears $80: IEA

The Paris-based IEA cut its forecast for global oil demand growth to 1.4 million barrels per day for 2018, from a previous estimate of 1.5 million bpd.

US set to overtake Saudi as crude oil producer: IEA

US set to overtake Saudi as crude oil producer: IEA

Crude production of 9.9 million barrels per day in the US was now at the highest level in nearly 50 years, "putting it neck-and-neck with Saudi Arabia, the world's second largest crude producer after Russia," the IEA said.

Strong oil demand growth helping market rebalance: IEA

Strong oil demand growth helping market rebalance: IEA

World oil demand will grow more than expected this year, helping to ease a global glut despite rising production from North America and weak Opec compliance with output cuts, the International Energy Agency said on Friday.

Oil, gas investment set to recover slightly, says IEA

Oil, gas investment set to recover slightly, says IEA

Investment in the oil and gas industry will see a tentative recovery in 2017 after an "unprecedented contraction" in 2016 and 2015 in face of stubbornly low energy prices, the International Energy Agency said in a report.

Oil rebounds as US crude inventories ease off record high

Oil rebounds as US crude inventories ease off record high

Oil prices on Wednesday climbed for the first time in more than a week on a surprise drawdown in US crude inventories and data from the International Energy Agency (IEA) suggesting Opec cuts should create a crude deficit in the first half of 2017.

IEA: Opec cut compliance helps oil market rebalance

IEA: Opec cut compliance helps oil market rebalance

Global oil output plunged in January as Opec and non-Opec producers curbed supply to accelerate a market rebalancing following one of the largest oil gluts in a generation, the International Energy Agency said.

Iran can add 500,000 bpd oil supply in a year- IEA chief

Iran can add 500,000 bpd oil supply in a year- IEA chief

Iran is expected to add half a million barrels of oil supply a day within a year from its existing oilfields after the lifting of sanctions against Tehran in January, but developing new fields would take time, the head of the International Energy Agency said on Wednesday.