IEA: Gulf Oil Shipping Costs Top $37 Per Barrel, Five Times Pre-War Levels
The cost of shipping crude oil from the Middle East Gulf to Asia has surged to more than $37 per barrel, over five times prewar levels, as an increasingly
The cost of shipping crude oil from the Middle East Gulf to Asia has surged to more than $37 per barrel, over five times prewar levels, as an increasingly
The International Energy Agency (IEA) has agreed to accelerate the release of approximately 100 million barrels of emergency oil stocks, including more than 20
The Group of Seven nations and its partners are to release as much as 100 million barrels of emergency oil and diesel stocks amid pressure from the Trump
The International Energy Agency has again cut its outlook for global oil supply and demand as renewed fighting around the Strait of Hormuz disrupts Gulf
Global oil markets are beginning to recover from months of disruption, but the International Energy Agency says the outlook remains heavily dependent on
The heads of four of the world’s top economic and energy institutions issued a rare joint warning Friday, saying ongoing disruptions to shipping through
The International Energy Agency says the ongoing Strait of Hormuz crisis is triggering one of the most severe oil market disruptions in modern history, with
The International Energy Agency is warning that the ongoing disruption in the Strait of Hormuz is triggering one of the largest oil market shocks in modern
Oil supply disruptions from the Middle East will rise in April and begin to impact Europe's economy as the closure of the Strait of Hormuz severely curbs
Global oil supplies are expected to be hit twice as hard this month as in March, the International Energy Agency said on Wednesday, underlining the urgent need
The escalating Middle East conflict has triggered what the International Energy Agency (IEA) says could become the largest supply disruption in the history
The International Energy Agency (IEA) on Wednesday recommended the release of 400 million barrels of oil, the largest such move in its history, to try to
The global oil market will be in deep surplus in the first quarter of 2026, the International Energy Agency said on Wednesday, as so far excess supplies
By Bloomberg News (Bloomberg) — The International Energy Agency said there’s “considerable downside risk” to its outlook for Russian crude
Global oil and gas demand could grow until 2050, the International Energy Agency said on Wednesday, departing from previous expectations of a speedy transition
The global offshore wind industry is experiencing significant challenges despite overall strong growth in renewable capacity worldwide, according to the
The International Energy Agency has lowered its outlook for Russia’s oil production this year by only a narrow margin even with sweeping western energy
Global oil markets are facing significant pressure as U.S. sanctions on Russia and Iran intensify, while extreme weather conditions across the Northern
The International Energy Agency’s (IEA) World Energy Outlook 2024 sheds light on critical vulnerabilities in today’s global energy system,
(Bloomberg) — Global demand for oil will reach its peak this decade, the International Energy Agency predicted for the first time, amid growing
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