International Energy Agency
IEA Head: Global Oil Companies Are Investing Enough
Wednesday, January 09, 2013 The global oil sector is investing enough and there is sufficient oil supply, the head of the IEA said and added that she hopes the high oil prices hampering economic recovery will fall.
Musings: If You Believe The IEA, Our Energy Worries Are Over
Wednesday, November 21, 2012 The IEA published a study suggesting that by 2015 the United States will become the world's largest gas producer, what if this isn't true?
China Looks to Emulate US Shale Success
Thursday, November 15, 2012 The IEA reported that the US is poised to become the largest producer of oil by 2020. But watch out US - China is predicted to hold the largest shale gas reserves in the world.
IEA: Shale Boom to Turn US Into World's Largest Oil Producer
Monday, November 12, 2012 A shale oil boom means the US will overtake Saudi Arabia as the world's largest oil producer by 2020, a radical shift that could transform the world's energy supplies and geopolitics, the IEA said.
IEA Head Says No Contact with US Govt Over Reserve Release
Friday, August 17, 2012 The IEA hasn't been contacted by the US government about a potential release of emergency oil stockpiles, and market fundamentals don't warrant a release, IEA Executive Director Maria Van Der Hoeven said.
IEA: 2013 Oil Demand Growth Higher On Muted Recovery
Thursday, July 12, 2012 Global oil demand is expected to rise by 1 million barrels a day next year, faster than growth this year, but "well below" the levels seen before the financial crisis as economic recovery remains muted, the IEA said.
IEA: Shale Gas Boom At Risk Over Environment Failings
Tuesday, May 29, 2012 Global exploitation of shale gas reserves could transform the world's energy supply, but the industry might be stopped in its tracks if it doesn't work harder to resolve concerns over its enviro. safety, the IEA said.
IEA Sees Slowdown In Oil Product Demand Growth Continuing
Friday, February 10, 2012 The IEA slashed its 2012 oil demand growth forecast for the second time in just a few weeks as the economic outlook weakened.
IEA Slashes Oil Demand Forecasts On Risk Of Sharp Slowdown
Wednesday, January 18, 2012 The International Energy Agency took an axe to its oil demand forecasts, after consumption fell in the 4Q of 2011 for the first time since the tail end of the credit crunch.
IEA Sees $150/Bbl If MENA O&G Spending Delayed
Wednesday, November 09, 2011 The IEA warns that "if between 2011 and 2015, investment in the MENA region runs 1/3 lower than the $100B a year required, consumers could face a near-term rise in the oil price to $150" a barrel.
What's Happening in the Autumn Oil Market, Anyway?
Tuesday, October 18, 2011 As autumn leaves change in many parts of the world, OPEC and IEA are predicting that weaker eco. performance in developed nations will result in duller demand.
IEA: Recession Could Put Oil Market Back Into Surplus
Wednesday, August 10, 2011 The International Energy Agency said that a double-dip recession could reduce energy demand enough to push global oil markets into surplus next year.
IEA Emergency Oil Release Aims to Protect Economy
Thursday, June 23, 2011 Acting to protect a fragile global economic recovery against a backdrop of continually high oil prices, the IEA said it will release 60 million barrels of oil from emergency stocks to address the supply shortfall from Libya.
IEA 'Still Assessing' Oil Market after OPEC Stalemate
Tuesday, June 14, 2011 The IEA is in talks with member countries and is "still assessing" the oil market situation before considering any potential response.
IEA Sees Larger Role for Natural Gas
Monday, June 06, 2011 Nat. gas could be entering a "golden age," but the fuel is still a fossil fuel and doesn't represent a panacea for climate change, according to IEA.
IEA: Urgent Need for More Oil
Thursday, May 19, 2011 The IEA Governing Board, at its regular quarterly meeting on 18-19 May, examined oil market developments and their impact on the global economy.
Market Report: Greenback's Vote of Confidence; Kingdom Needs Bailout
Friday, October 09, 2009 Analyst Phil Flynn comments on the weakening greenback's effect on the market, as well as the International Energy Agency's increased demand forecast and Saudi Arabia's request for a bailout due to lost oil revenue.
Oman Oil Output Up On Shell Venture's Projects
Friday, August 14, 2009 Oman, the largest Persian Gulf oil producer outside OPEC, pumped 6.6% more crude in the first six months compared with a year earlier as Shell's local venture boosted output.
Latest Data Lend Support to Market Bulls as Crude Passes $70/Barrel
Monday, June 15, 2009 Global crude oil prices continued to advance last week, marching past the psychologically significant $70/barrel level, a more than doubling in value in just four months.
Iran Election Reaction May Trickle Into Oil Over Long Term
Monday, June 15, 2009 Oil prices fell steeply in spite of the post-election turmoil in Iran, the world's fourth-largest crude producer.