Tag Archives: International Energy Agency (IEA)

Asia’s demand to refine crude oil into fuel products like gasoline and diesel will average 34.5 million barrels per day (bpd) in 2018.

The comments from al-Falih were quickly met with pushback from the IEA’s top officials.

Analysts believe the shift toward electric cars will decrease oil demand.

The EIA expects the cost of natural gas for electricity generation to remain ``relatively competitive`` with coal over the next two years.

Algeria ranks third globally after China and Argentina in technically recoverable shale gas reserves.

IEA analysts pointed out that the oil market is clearly tightening.

US oil production is set to grow faster than previously expected amid a ".volatile". year in 2018.

IEA analysts believe that steady OPEC production must be treated with caution.

The IEA warned that mostly due to U.S. shale. total supply growth could exceed demand growth.

China'.s natural gas consumption has surged in the first 11 months of 2017 due to strong demand from industry and winter heating.