International Energy Agency Forecasts

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  Demand For Oil, Gas And Coal Will Peak This Decade, Warns Energy Agency

  World demand for oil, gas and coal is forecast for the first time to peak this decade, the head of the International Energy Agency wrote in the Financial Times on Tuesday.

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  Smaller EV Prices to Drop in Coming Months as EV Sales Climb, IEA Says

  Nearly one in five cars sold globally this year will be electric, with the prices of smaller EV models dropping to rival those of combustion engine cars in North America and Europe by the mid-2020s, the International Energy Agency (IEA) predicted on Wednesday. The agency raised its EV sales forecasts in part because of the US Inflation Reduction A...

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  Oil Up 5% As Saudis Mull Meeting, Tighter Market Forecast

  Oil prices rose about 5 per cent on Thursday after comments from the Saudi oil minister about possible action to stabilize prices triggered a round of buying and the International Energy Agency forecast crude markets would tighten in the second half of 2016.

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  Saudi Arabia Faces New Oil Titan Once Battle With Shale Is Won

  Even if Saudi Arabia wins its struggle with U.S. shale producers over market share, it will face a new billion-barrel adversary.

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  Brent Rises Above $62.50 After Earlier Crash in Volatile Trading

  In early trading, Brent futures fell to near $60 per barrel after the International Energy Agency forecast further price falls and OPEC's chief defended the group's decision not to cut its output target.

• Brent Recovers More Than $1, Hits $62.95 on Strong Data Hopes

  Brent fell as much as 2.5 per cent after the International Energy Agency forecast further price falls and OPEC's chief defended the group's decision not to cut its output target.

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  Oil Plunges 3% to New 5-Year Lows; IEA Outlook Bearish

  Crude oil markets fell 3 per cent or more to plumb new five-year lows on Friday after the world's energy watchdog forecast even lower prices on weaker demand and larger supplies next year.

• Oil Prices See Small Rebound in Asia

  WTI is still languishing at two-year lows after plummeting 4.5 per cent in New York on Tuesday as the International Energy Agency slashed its oil demand forecast in light of slowing economic growth in Asia and Europe.

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  Oil Price May Fall Further As IEA Revises Demand Sharply Lower

  The world will see much weaker oil demand growth in 2015 than forecast previously, the International Energy Agency said on Tuesday, adding it expected oil prices may drop further.

• Brent rises above $107 as outlook for demand growth improves

  The economic growth will absorb more supply even as U.S. shale oil output reaches record highs, the International Energy Agency (IEA) said on Tuesday. The same day, the International Monetary Fund (IMF) raised its global growth forecast for the first time in nearly two years, saying advanced nations could pick up the mantle of growth from emerging ...

• Coal set to surpass oil as world's top fuel within a decade: IEA report

  Powered by the growth in emerging market giants China and India, coal is set to surpass oil as as the world's top fuel source by around 2017, the International Energy Agency forecast today.

• IEA: Oil near $100 still a threat to global economy

  Oil prices near $100 a barrel are still a threat to a slowing global economy that is likely to consume less fuel than the International Energy Agency (IEA) had forecast, the IEA's executive director said on Tuesday.

• IEA trims oil demand forecast, sanguine on Iran sanctions

  The International Energy Agency cut its forecast for growth in oil demand this year of 0.8 million barrels per day (mbd) from 1.1 mbd after the International Monetary Fund slashed its estimate for global economic growth in 2012 to 3.3 per cent from 4.0 per cent.