Tag Archives: International Energy Agency (IEA)

Global oil supplies will increase far more than demand next year with the start of a host of new projects. putting further pressure on the OPEC cartel.

Oil demand is shriveling as the trade war between the U.S. and China trips up the global economy.

World oil demand will rise by 1.14 million barrels per day (bpd) this year.

Tumbling natural gas prices have set the power generation industries in the U.S. and Europe off to a greener start this year.

Oil bulls thought 2020 would be their year.

The United Kingdom has Made major progress in reducing emissions. according to the IEA’s latest country review.

Even as oil demand is beginning to weaken this year due to a brewing economic slowdown. the oil industry faces a longer-term threat to oil demand as bans on plastic begin to multiply.

Heating in buildings is at the core of energy consumption space heating and hot water production account for around 70% of energy consumption in residential buildings in IEA countries

Global demand for natural gas is set to keep growing over the next five years. driven by strong consumption in fast-growing Asian economies and supported by the continued development of the international gas trade.

Domestic demand in the United States. the Middle East and North Africa. would contribute to the growth in demand.