High sulphur fuel oil demand to crash by 2.1m barrels per day, says IEA

The International Energy Agency (IEA) says demand for high sulphur fuel oil will drop from its…

World oil market is adequately supplied, says IEA

The International Energy Agency (IEA) has said oil markets look “adequately supplied for now” after a…

IEA: Plastic waste in oceans to double by 2030

The International Energy Agency (IEA) has a sobering warning about the health of the world’s oceans.…

Plastics to drive oil demand by 2050, says IEA

  The International Energy Agency (IEA) on Friday said plastics and other petrochemical products will drive…

Oil prices dip over possible rise in U.S. stocks

Crude oil prices took a gentle dip on Tuesday ahead of weekly data that is forecast…

US to overtake Saudi as crude oil producer

The United States are set to overtake Saudi Arabia as the world’s number two oil producer…

OPEC compliance with oil cuts at lowest – IEA

The International Energy Agency (IEA) says OPEC’s compliance with production cuts fell in June to its…

OPEC compliance with oil cuts at lowest – IEA

The International Energy Agency (IEA) says OPEC’s compliance with production cuts fell in June to its…

Oil, gas investment set to recover slightly – IEA

Investment in the oil and gas industry will see a tentative recovery in 2017 after an…

Despite oil cuts, IEA predicts output will outpace demand

  Despite the oil production cuts agreed on by members and non-members of the Organisation of…

Oil output to expand faster than demand in 2018

Global oil output will expand faster than worldwide demand for oil next year, primarily as US…

Shipping lagging behind in CO2 reduction, says IEA 

The shipping industry will have to commit to more ambitious policies, and fast, if it wants to get on…

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