IEA

Oil prices at $100 a barrel look too high for global demand to sustain

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Gas pump

(Photo by FREDERIC J. BROWN/AFP via Getty Images)

At least $12 trillion in oil industry investments are needed to prevent a spike in energy prices, OPEC chief says

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Oil drilling
Oil drilling

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Global fossil fuel demand has to crater 25% by 2030 if the world is going to meet its climate goals, IEA says

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Fatih Birol, head of IEA
Fatih Birol warned summer could be difficult for energy markets.

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It's the beginning of the end for global oil demand, IEA chief says

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oil rig

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Russian oil revenue has been hurt by effective EU price caps even as Moscow has been resilient with exports, says IEA

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Russian Prime Minister Vladimir Putin and CEO of Russian natural gas giant Gazprom Alexei Miller attend a ceremony to mark the launch of the Sakhalin-Khabarovsk-Vladivostok natural gas pipeline, September 8, 2011 in Vladivostok, Russia.
Russian Prime Minister Vladimir Putin.

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Oil prices rise as the outlook for China's demand brightens and after Turkey's earthquake ignites supply concerns

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oil rig

Jason Kozlowski / EyeEm

OPEC+ may need to lift its oil output given signs China's reopening could deliver a strong boost to demand, IEA chief says

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People wait to cross a busy street intersection during evening rush hour on May 30, 2022 in Beijing, China.
Chinese demand for oil is showing signs of a strong recovery.

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Oil's bull story for 2023 is China's reopening, but that could be derailed if Beijing can't stay the course on its retreat from zero-COVID policy, RBC's Helima Croft says

Tech Insider : Economy
A staff member fills up a car at a gas station in Nanjing, Jiangsu Province, China.
A staff member fills up a car at a gas station in Nanjing, Jiangsu Province, China.

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