International Energy Agency (IEA)

Recent Articles

Dark Clouds Loom For Oil As China Chases Blue Skies For G-20
Tuesday, August 23, 2016 China is throwing the world's leaders a party, and oil bulls may be hit with the hangover.
Drop In The Ocean: India's Strategic Oil Reserves Unlikely To Stir Market
Friday, July 29, 2016 India's initial plan to build-up its strategic petroleum reserves (SPR) is not shaping out to be the dramatic event that some in the market had hoped could help reignite global oil demand.
US Shale Gas Shaking Up Global Markets As LNG Trading Surges
Thursday, July 28, 2016 Shale drillers from Pennsylvania to Texas flooded the U.S. with so much natural gas over the past decade that prices slid to a 17-year low. Now they're going global, with the potential to upset markets from London to Tokyo.
Return Of Oil Contango Shows Market Recovery Will Be Bumpy Ride
Tuesday, July 12, 2016 On the surface, the recovery of the global oil market is firmly in place, signaling an end to two years of oversupply and collapsing prices. However, one key indicator is warning of turbulence ahead.
Oil Heads For Best Quarter Since 2009 Amid Rebalancing
Thursday, June 30, 2016 Oil headed for the biggest quarterly advance in seven years as falling U.S. supply added to speculation the global oversupply is easing.
OPEC Turmoil Could Turn IEA's Balanced Market Into Shortfall
Thursday, June 16, 2016 The world's most prominent oil forecaster, the International Energy Agency, anticipates near-equilibrium between supply and demand in global crude markets next year.
At $50/B, Oil Risks 'Reverse Goldilocks' Syndrome
Wednesday, June 15, 2016 Oil's battle to reclaim $50 a barrel may have left it in a sticky situation, where the price is too low to lure fresh investor bulls and too high to force more production offline.
IEA Sees Smaller Global Oil Surplus As India Drives Demand Gains
Thursday, May 12, 2016 The global oil surplus in the first half of this year will probably be smaller than previously estimated because of robust demand in India and other emerging nations, the International Energy Agency says.
IEA Chief Says Oil Market, Prices To Return To Balance By 2017
Thursday, April 21, 2016 IEA chief Fatih Birol says he expects the oil market to come back into balance from oversupply by next year, providing there is no major economic downturn.
IEA: OPEC, Russia Oil Output Freeze Deal May Be 'Meaningless'
Wednesday, March 23, 2016 A deal among some OPEC producers and Russia to freeze production is perhaps "meaningless" as Saudi Arabia is the only country with the ability to increase output, a senior executive from the IEA says.
Oil Leaks And Disruptions Doing The Job That Producers Won't
Wednesday, March 16, 2016 Pipeline leaks and shipping disruptions are doing more to reduce the global oil glut than producers who can't seem to agree on whether to cap output.
IEA Says Oil Prices Might have Bottomed Out
Friday, March 11, 2016 International Energy Agency believes oil prices might have bottomed as production declines in the US and other non-OPEC producers accelerate and an increase in supply from Iran has been less than dramatic.
Kemp: Where Has The Oil Gone? Missing Barrels And Market Rebalancing
Tuesday, March 08, 2016 Global oil production exceeds consumption by just over 1 billion barrels in 2014/15, according to the International Energy Agency (IEA).
IEA: Oil Prices Have Bottomed Out, But Growth Will Not Be Sharp
Tuesday, March 01, 2016 Global oil prices appear to have bottomed out and are expected to rise through this year as investment cuts help to reduce a supply glut, a senior analyst at IEA says.
Shale Fightback Seen Lifting US Oil Output To Record High By 2021
Monday, February 22, 2016 After an initial dip this year and next, US output is expected to climb to 14.2 million bpd, the IEA says in its medium-term outlook.
Drowning In Oil? IEA Revises Demand Lower, Supply Higher
Tuesday, January 19, 2016 The International Energy Agency's recasting of oil supply and demand point to volatility, inexact science of commodities.
IEA Chief: Saudi Will Act Responsibly In Market
Thursday, December 03, 2015 The head of the oil consumers' watchdog group says he believes top exporter Saudi Arabia will "act responsibly" in the market.
IEA Sees India's Oil Demand Rising to 10 MMbopd by 2040
Monday, November 30, 2015 India's oil consumption is set to reach 10 million barrels per day by 2040 due to strong growth in domestic energy demand, the International Energy Agency says in a report.
IEA Sees Southeast Asia Facing More Challenging Environment for Production
Monday, November 16, 2015 The International Energy Agency expects Southeast Asia to encounter a more challenging environment for oil and gas production in the coming decades.
Mexico Submits Request To Join IEA
Monday, November 16, 2015 Mexico submits a request to join the International Energy Agency.