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Latest Articles in iea

Petroleum Minister appeals to oil-producing countries to ease production cuts to stabilise global economic recovery

Petroleum Minister appeals to oil-producing countries to ease production cuts to stabilise global economic recovery

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India inks strategic partnership agreement with IEA

India inks strategic partnership agreement with IEA

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Global Energy Demand To Plunge Due To Biggest Shock Since World War II

The International Energy Agency (IEA) provides an almost real-time view of the COVID-19 pandemic's extraordinary impact across all major fuels.

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Ample Supplies, Weak Global Demand Growth To Cap Oil Prices In 2020: IEA

"We are expecting a demand growth of slightly higher than 1 million barrels per day," said the IEA's executive director, Fatih Birol.

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India's Oil Demand Growth Set To Overtake China By Mid-2020s: IEA

India's oil demand is expected to reach 6 million barrels per day (bpd) by 2024 from 4.4 million bpd in 2017.

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Oil Market To Remain Oversupplied Despite OPEC+ Pact, Says IEA

The Organization of the Petroleum Exporting Countries and other producers including Russia agreed last week to rein in output by an extra 500,000 BPD in the first quarter of 2020 to balance the market and buoy prices, but they stopped short of pledging action beyond March.

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IEA Sees Hike In India's Renewable Energy Sector Investment

India is likely to revise the target upwards and this will entail a higher flow of investments into the renewable energy sector, says Fatih Birol, executive director of IEA

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Natural Gas To Overtake Coal As World's Second Largest Energy Source By 2030: IEA

Global gas demand would increase by 1.6 percent a year to 2040 and would be 45 percent higher by then than today, Paris-based IEA said

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