IEA analysis has highlighted that global methane emissions from the oil and gas sectors could be reduced by nearly half at no net cost.
Read More »We can`t Expect Oil Prices To Go Much Higher
Slowing oil demand growth and a persistent global glut will cap oil prices and keep them from rising too much.
Read More »U.S.. China will Become World`s Biggest LNG Exporter and Importer in 2024
World LNG demand reached a record 432 bcm in 2018.
Read More »Oil Markets Wary of Impending Non-OPEC Supply Glut
It is always hard to predict the future and a lot will depend on how the global economy will perform.
Read More »Huge Oil Glut Coming In 2020
The extension of the OPEC+ cuts through the first quarter of 2020 removes a major uncertainty.
Read More »OPEC Deal couldn`t Change Fundamental Outlook for Oil Market
Any slowdown in global economic growth will put the brakes on demand for oil.
Read More »IEA Hosts High-Level Meeting on Technologies for a Clean Energy Future
Nuclear power is by far the largest source of low-carbon electricity in both Europe and North America.
Read More »Oil Market Oversupplied in 2019 due to US production
The demand for OPEC crude oil in early 2020 could fall to only 28 million bpd.
Read More »Persian Gulf War could Send Oil Prices beyond $325 a Barrel
China and India now account for about a fifth of global strategic reserves.
Read More »IEA Concerned About Impact of Middle East Tensions
Strong growth in the price of U.S. shale oil has also contained stronger increases.
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