116 articles
The US government loaned 40 million barrels of crude oil from its Strategic Petroleum Reserve to major traders under a global IEA agreement to stabilize fuel prices. This final batch aims to strengthe
The IEA warns that concentrated clean energy supply chains pose challenges for Southeast Asia amid rising power demand. Geopolitical tensions and conflict-driven price spikes are reshaping global ener
IEA data shows Russia's September crude production rose 65,000 barrels per day month-on-month to 8.43 million, remaining below last year. Eased diesel export restrictions are unlikely to significantly
Amid soaring diesel prices linked to global conflicts, the US Energy Department is partnering with refiners to increase throughput while the IEA coordinates emergency stockpile releases totaling 50 mi
The IEA stands ready to coordinate further emergency oil releases as diesel prices surge due to Gulf and Russia supply disruptions. Accelerating 20 million barrel deliveries, officials warn market nor
The IEA Executive Director stated that releasing 20 million barrels of diesel from emergency reserves depends on individual countries and market conditions. This accelerates a March pledge to release
Oil prices rose for a second week amid Middle East supply risks following a ship strike in the Strait of Hormuz, while the IEA pledged to release outstanding emergency reserves. WTI gained over 6% as
The IEA announced total oil stock releases will exceed 400 million barrels, with members committing to expedite the remaining 100 million barrels, including over 20 million barrels of diesel.
The IEA agreed to release 100 million outstanding oil barrels to stabilize markets, accelerating diesel distribution amidst US lobbying against rising prices.
The IEA reports global diesel supply shortages will persist until 2027 due to export disruptions from the Middle East and Russia, with inventories declining and market volatility risks rising.
Oil prices climbed as Middle East and Russia strikes threatened supply, leaving global inventories near decade lows. The IEA warned tight physical markets could drive higher energy costs and inflation
The IEA warns diesel shortages may persist until 2027 due to supply disruptions and reduced refining capacity, prompting strategic reserve releases amid rising costs impacting global industry and agri
The IEA projects global oil demand to fall in 2026 as diesel shortages tighten markets amid Middle East conflicts. Depleted inventories and soaring prices continue to squeeze refinery margins globally
IEA member governments agreed to accelerate the release of remaining 100 million barrels of oil reserves, prioritizing diesel due to supply tightness. Over 325 million barrels have already been releas
The IEA urged member governments to accelerate pledged diesel releases amid tightening global markets and geopolitical risks. This follows a G7 agreement for emergency stock releases to support energy
Industry executives warn global oil stockpiles are critically low, leaving the market fragile amid geopolitical disruptions. With US Strategic Petroleum Reserves at historic lows and IEA releasing eme
The IEA will finalize details of a G7-approved 100 million barrel diesel and crude stock release next week to address record-high prices driven by geopolitical conflicts. Market participants await cla
The IEA forecasts Nigeria's energy investment will double over the next five years following its associate membership. Nigeria plans to increase crude production to 3 million barrels per day by 2030 t
Turkey’s Environment Minister outlined the COP31 agenda, prioritizing 35% global electrification by 2035 and green industrialization. Supported by IEA analysis, the plan aims to reduce reliance on for
IEA Chief Fatih Birol reaffirmed global electrification priorities despite AI investment concerns, noting 61% of energy investment now targets electricity. He launched a new Asian energy security part
The IEA projects global oil supply and demand cuts will exceed prior forecasts, citing Middle East conflicts delaying supply recovery until 2027. Record inventory drawdowns and soaring fuel prices ind
Half of Russia's top diesel refineries reduced or halted output due to drone strikes, forcing export restrictions and raising global prices. The IEA reports frequent attacks, disrupting supply chains
The IEA reports Saudi Arabia's crude supply dropped to a 30-year low of 6 million bpd in August following Houthi attacks on energy facilities. The agency revised its 2026 forecast downward by 885,000
The IEA forecasts a deepening global oil supply gap by 2026 due to delayed Middle East flows, causing soaring fuel prices as inventories shrink and refining capacity strains.
The IEA reduced Russia's crude oil production forecast by up to 235,000 barrels per day in 2027 following Ukrainian attacks on energy infrastructure. Output has fallen sharply since early 2026, nearin
The IEA cut its global oil demand forecast by 940,000 barrels per day due to Iran conflict supply constraints, projecting a record deficit of 1.7 million barrels daily this year. Brent crude surged pa
The IEA projects global oil demand recovery to 2027 due to Middle East conflicts inflating crude prices and reducing supply. Brent futures exceeded $105/barrel while diesel prices surged nearly 94% ab
The IEA forecasts global coal demand will hit a record 8.94 billion tons this year, driven by soaring natural gas prices and El Nino effects. This trend challenges climate goals as nations increase co
The IEA forecasts global coal demand will reach a record 8.94 billion tonnes in 2026, driven by Middle East conflicts disrupting LNG supplies. Global production remains above 9 billion tonnes, though
The IEA and Nigeria signed a joint work plan aiming to double energy investment within five years, covering natural gas, renewables, and data transparency to attract capital.
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