The International Energy Agency (IEA) expects an oil and gas supply glut over the second half of the decade will push prices lower, tempering the risks stemming from continued geopolitical tensions.

The oil market faces a sizeable surplus next year amid ample supply and slowing demand growth, the International Energy Agency (IEA) said on Tuesday as it further lowered its demand growth ...

But the IEA, which manages industrialised countries' emergency oil stocks, said public stocks were more than 1.2 billion barrels and spare capacity in OPEC+, which comprises the Organization of the ...

IEA Executive Director Fatih Birol (centre) announces the release of its latest World Energy Outlook together with lead authors Tim Gould (left) and Laura Cozzi (right) (Image: Screengrab from online ...

Between 2025 and 2030, the supply of oil and gas is expected to increase barring a significant escalation in conflicts in Ukraine or the Middle East, IEA said in the report. Energy supply and ...

The International Energy Agency trimmed its forecast for this year’s oil-demand growth for the third month in a row, as a rapid slowdown in Chinese consumption weighs on the global outlook. The ...

the IEA said. The agency raised its electricity demand forecasts by 6% compared to last year, seeing higher demand driven by the buildout of new data centers and the growing use of air ...

“This report shows that the growth of renewables, especially solar, will transform electricity systems across the globe this decade,” IEA Executive Director Fatih Birol said in a statement.

Researchers at the IEA, an organisation dedicated to ensuring energy security, said a combination of rising incomes in the developing world and higher temperatures from climate change meant that ...

Solar power in New Mexico. (2023, December 24). In Wikipedia. https://en.wikipedia.org/wiki/Solar_power_in_New_Mexico A new International Energy Agency (IEA) report ...

Solar power in New Mexico. (2023, December 24). In Wikipedia. https://en.wikipedia.org/wiki/Solar_power_in_New_Mexico With solar leading the way, renewables could ...

In its latest assessment, the IEA believes growth would be below 1 million bpd this year. The chasm between the two forecasting bodies has widened so much in the past two years that they now hold ...