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International Energy Agency News
International Energy Agency
Emissions from advanced economies set to rise in 2018: IEA
Wed, Dec 05, 2018
The world`s advanced economies will see an uptick in their carbon dioxide emissions this year, bucking a five year-long decline, the International Energy Agency (IEA) said on Tuesday.
Oil eases as traders and investors grow edgy ahead of OPEC meet
Mon, Nov 20, 2017
Brent crude futures were at $62.37 per barrel by 1002 GMT, down 35 cents on the day, while U.S. West Texas Intermediate (WTI) crude futures were down 7 cents at $56.48 a barrel.
OPEC could extend or deepen supply cut if oil glut persists: Sources
Fri, Feb 17, 2017
The organisation of petroleum exporting countries (OPEC) could extend its oil supply-reduction pact with non-members or even apply deeper cuts from July if global crude inventories fail to drop to a targeted level.
OPEC figures show over 90% compliance with supply cut: Sources
Fri, Feb 10, 2017
The Organisation of the Petroleum Exporting Countries (OPEC) has delivered more than 90% of pledged oil output curbs in January whereby making a strong start to implementation of its first production cut in eight years.
China takes global lead in clean energy
Sat, Jan 07, 2017
"Renewable energy will be the pillar for China`s energy structure transition," said Li Yangzhe, deputy head of the National Energy Administration, the official Xinhua news agency reported.
Crude oil edges up before producer talks on output curbs
Wed, Oct 12, 2016
Crude futures inched up on Wednesday, with investors waiting for talks between OPEC producers and other oil exporters on curbing output to end a glut in the global market.
Global oil glut set to last at least until mid-2017: IEA
Tue, Sep 13, 2016
A global oil glut that has hurt producers but means cheaper pump prices for consumers looks set to go on at least six months longer than previously thought, the International Energy Agency said Tuesday.
IEA cuts oil demand forecast on Brexit impact
Thu, Aug 11, 2016
The IEA said Thursday it had cut its oil demand growth forecast for 2017 because of a weaker outlook for the world economy following Britain`s vote to leave the European Union.