World Energy Outlook

India is likely to see the world's biggest rise in energy demand this decade, with demand climbing 3 per cent annually due to urbanisation and industrialisation, the International Energy Agency (IEA) said in its World Energy Outlook released on Thursday.

Energy slump is a game changer for India and could mean the Reserve Bank of India shifts to a neutral outlook, says Bloomberg Economics.

India's energy demands will be more than double by 2040 as the economy will grow over five times its current size, Petroleum Minister Dharmendra Pradhan said today.

The disconnect is huge: Even as countries of the world pledge to cut their greenhouse gas emissions going into the Paris climate talks, recent analyses suggest that overall emissions will still rise through the year 2030, and current national pledges will merely blunt the force of that trend.

Global energy use is set to grow by one-third over the next 25 years, driven mostly by emerging economies, the International Energy Agency said today.

Oil prices fell on Thursday due to a stronger dollar and a gloomy economic outlook from the World Bank, while a bullish report about global demand from the International Energy Agency (IEA) failed to dispel concerns about a supply glut.

Crude prices turned positive in the early afternoon, but failed to stage a significant rally as a weaker outlook from the Washington-based financial institution reinforced worries about sluggish growth in energy demand.

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.

Soft oil prices in particular, which hit a five-year low on Friday, will only temporarily dampen overall US prices, Fed Vice Chairman Stanley Fischer and New York Fed President William Dudley said at separate events. The pair painted a mostly rosy outlook for the world's largest economy, suggesting the central bank is not letting energy markets dis...

Brent crude oil fell below $97 per barrel on Monday to its lowest in more than two years as lacklustre economic data from China, the world's top energy consumer, cast a shadow over the outlook for oil demand at a time of abundant supply.

There is no partner as important for the United States in Asia as India and the growing convergence of interests and outlook has brought about unprecedented cooperation between the two nations on regional and global security, a top US official has said.

With signs of a slower economy mounting, the near-term outlook for US stocks isn't rosy, but investors may find comfort next week from the world's major central banks.

India will be world's third largest economy by 2030 but its energy demand will slow down to 4.5 per cent, global energy giant BP plc said Monday.

India is likely to see the world's biggest rise in energy demand this decade, with demand climbing 3 per cent annually due to urbanisation and industrialisation, the International Energy Agency (IEA) said in its World Energy Outlook released on Thursday.

Energy slump is a game changer for India and could mean the Reserve Bank of India shifts to a neutral outlook, says Bloomberg Economics.

India's energy demands will be more than double by 2040 as the economy will grow over five times its current size, Petroleum Minister Dharmendra Pradhan said today.

The disconnect is huge: Even as countries of the world pledge to cut their greenhouse gas emissions going into the Paris climate talks, recent analyses suggest that overall emissions will still rise through the year 2030, and current national pledges will merely blunt the force of that trend.

Global energy use is set to grow by one-third over the next 25 years, driven mostly by emerging economies, the International Energy Agency said today.

Oil prices fell on Thursday due to a stronger dollar and a gloomy economic outlook from the World Bank, while a bullish report about global demand from the International Energy Agency (IEA) failed to dispel concerns about a supply glut.

Crude prices turned positive in the early afternoon, but failed to stage a significant rally as a weaker outlook from the Washington-based financial institution reinforced worries about sluggish growth in energy demand.

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.

Soft oil prices in particular, which hit a five-year low on Friday, will only temporarily dampen overall US prices, Fed Vice Chairman Stanley Fischer and New York Fed President William Dudley said at separate events. The pair painted a mostly rosy outlook for the world's largest economy, suggesting the central bank is not letting energy markets dis...

Brent crude oil fell below $97 per barrel on Monday to its lowest in more than two years as lacklustre economic data from China, the world's top energy consumer, cast a shadow over the outlook for oil demand at a time of abundant supply.

There is no partner as important for the United States in Asia as India and the growing convergence of interests and outlook has brought about unprecedented cooperation between the two nations on regional and global security, a top US official has said.

With signs of a slower economy mounting, the near-term outlook for US stocks isn't rosy, but investors may find comfort next week from the world's major central banks.

India will be world's third largest economy by 2030 but its energy demand will slow down to 4.5 per cent, global energy giant BP plc said Monday.