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.

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 ...

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 ...

PARIS -- The energy market is entering an "age of electricity" led by China, the International Energy Agency said on Wednesday, with annual global demand expected to accelerate by as much as the ...

The world is on the brink of a new "age of electricity" with fossil fuel demand set to peak by the end of the decade, meaning surplus oil and gas supplies could push investment into green energy, the ...

Global demand for all fossil fuels will stop growing this decade, while supplies of oil and LNG are set to climb, the IEA forecast in its annual long-term report. Meanwhile, an ongoing surge in ...

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