Stay updated with breaking news from Iea. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Although voluntary supply cuts from Saudi Arabia and Russia until the end of the year will keep supply tight, with demand growth still set to slow, the market could shift into surplus at the start of 2024, the Paris-based IEA said.
Brent crude futures gained 20 cents to $82.72 a barrel by 0918 GMT, while U.S. WTI crude futures climbed 21 cents to $78.47
The International Energy Agency (IEA) Tuesday lifted its oil demand growth forecasts for this year and next despite an anticipated slowdown in economic...
Deployment of the technology has so far been a ‘great disappointment.’ That could soon change
Oil forecasts are notoriously difficult to make, and it is possible the IEA is right and OPEC is wrong. But don’t count on it