#International Energy Agency

oil supply

IEA sees world oil supply struggling to meet demand in 2023

Crude has climbed more than 50 per cent this year

Oil edges higher after three-day slide as volatility continues

The US Federal Reserve raised interest rates by a quarter percentage point

Oil climbs from three-week low as traders assess demand outlook

Delta has raised concerns about the short-term demand outlook

OPEC readies next move in bid to avoid oil-market taper tantrum

While oil prices have recovered to $43 a barrel in London, from a two-decade low of $15.98 in late April, sentiment in the market remains fragile

Energy innovation spend needs to triple by 2030 to hit climate goals

As much as 60 billion tons of emissions, about twice what the world spewed out in 2019, could be prevented if money is spent in these new markets

IEA head sees oil use below pre-virus levels for at least a year

Crude demand of about 100 million barrels a day prior to the pandemic plummeted by about 30 per cent last month