IEA Says Oil Price Hike Not a Symptom of Possible Production Freeze

Bloomberg reported that the International Energy Agency said that talks about a possible production freeze between crude-exporting nations is not the primary driver behind rising oil prices. read more

MAR 18, 2016 - 6:18 am

IEA Anticipates Decline in Oil Production from Outside OPEC

According to Bloomberg, the International Energy Agency said that oil prices have passed their lowest point as shrinking supplies outside of OPEC eat into the global surplus. read more

MAR 11, 2016 - 6:58 am

International Energy Agency Sees Risk of World Drowning in Oil

Bloomberg reported global oil markets could “drown in oversupply,” sending prices even lower as demand growth slows and Iran revives exports with the end of sanctions. read more

JAN 19, 2016 - 7:01 am

IEA: Low Prices No Cause for Complacency on Energy Security

According to the International Energy Agency, an extended period of lower oil prices would benefit consumers but would trigger energy-security concerns by heightening reliance on a small number of low-cost producers. read more

NOV 16, 2015 - 6:02 am