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.
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.
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.
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.
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.
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.
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.
Tuesday, November 10, 2015 Oil is unlikely to return to $80 a barrel before the end of 2020 despite unprecedented declines in investment, as yearly demand growth struggles to top 1 million barrels per day, according to the IEA.