Tag Archives: International Energy Agency (IEA)

Surging production from the world’s biggest oil producers have more than offset Iranian and Venezuelan supply losses.

Venezuela’s crude production could soon sink to below 1 million bpd.

The IEA reduced its forecast for growth in emerging-market demand next year.

lower prices are clearly a benefit to consumers.

The IEA has forecast strong growth in gas use in other parts of Asia. including South and Southeast Asia.

Natural gas is the fastest growing fossil fuel in the New Policies Scenario.

Clean energy sources could also account for more than 40% of total generation in the global power mix by this date.

Energy needs in Central and South America will grow less rapidly than other developing economies.

China is raising its domestic natural gas production.

EIA predicts that U.S. production will increase to 12 million barrels per day in the second quarter of 2019.