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International Energy Agency
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IEA Report: Global Onshore Oil Inventories Fall to Near Decade Low, Potentially Hindering Inflation Relief and Impacting Bitcoin
Global onshore oil inventories are estimated to have fallen by 113 million barrels in September, nearing their lowest levels since 2016, according to an International Energy Agency (IEA) report on Oct
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The IEA confirmed it has released 330 million barrels of oil reserves and agreed to accelerate the release of the remaining 100 million barrels to address supply disruptions caused by the Iran war.
The International Energy Agency (IEA) has confirmed the release of approximately 330 million barrels of emergency oil reserves. This is part of an agreement reached in March, when member countries agr
-
Oil Prices Fall: Investors Assess Middle East Tensions and IEA Report, Singapore-Flagged Vessel Sinks in Strait of Hormuz
International benchmark Brent crude futures for December fell 1.66% to $104.31 per barrel, and U.S. West Texas Intermediate crude futures for November dropped 1.09% to $94.05 per barrel. This followed
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UAE Oil Production Hit Record Highs in September, IEA Reports
The International Energy Agency (IEA) stated that the United Arab Emirates' oil output reached record levels last month, demonstrating its resilience during the Iran war and its freedom from OPEC+ pro
-
IEA Monthly Report: OECD Oil Inventories Fall to Lowest Since 1989, Global Oil Demand Expected to Decline by 2.6 Million Barrels/Day in 2026
The International Energy Agency (IEA) stated in its latest monthly Oil Market Report, released on Wednesday, that OECD government-controlled oil inventories fell in August to their lowest level since
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IEA: Global Diesel Supply Tightness to Persist Until End of 2027 Due to Iran Conflict, Inventory Declines, and Strong Demand
The International Energy Agency (IEA) reported on Wednesday that the global diesel market is expected to remain tight until the second half of 2027, primarily due to supply disruptions from the Iran c
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The EU believes the G7's plan to release 100 million barrels of oil reserves primarily fulfills previous commitments, with limited actual new supply.
The International Energy Agency (IEA) and EU member states discussed the release of strategic oil and diesel reserves on Wednesday. EU member states generally believe that the G7's announcement last w
-
Southeast Asian energy ministers are meeting this week to discuss regional energy security against the backdrop of the war in Iran.
Energy ministers from the Association of Southeast Asian Nations (ASEAN) will meet this Wednesday and Thursday in Manila, Philippines, to discuss regional energy security. The meeting comes as the reg
-
G7 decided to release 100 million barrels of emergency oil reserves, causing WTI crude to fall over 5% at one point.
G7 leaders stated that they will coordinate the release of 100 million barrels of strategic oil reserves through the International Energy Agency (IEA). The action will begin immediately and last for f
-
German Economy Ministry: No new IEA requirements on diesel reserves at this time
German Economy Ministry: No new IEA requirements on diesel reserves at this time
-
Europe holds emergency talks on diesel reserves amid supply concerns
European nations are holding emergency talks over releasing strategic fuel reserves after pressure from Washington to boost supply. The U.S. has already approved another 40 million barrels from its St
-
IEA's Birol says diesel supply is very tight in Europe and beyond
IEA's Birol says diesel supply is very tight in Europe and beyond
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International oil prices plunged over 3% on Tuesday, falling below $90, due to progress in Iran-US negotiations, the resumption of oil flow through Saudi pipelines, the IEA's plan to release reserves, and Donald Trump's contemplation of easing sanctions on Russia.
WTI crude futures fell over 3% on Tuesday, dropping back below the $90 mark, with Brent futures also declining. This downturn was primarily driven by four positive signals: Qatar announced that negoti
-
IEA Slashes 2026 Global Oil Demand Forecast to 2.5M BPD Decline, Second-Worst in 60 Years, Citing Iran War
The International Energy Agency (IEA) in its September report revised its outlook by more than 3 million barrels per day in eight months. The agency now projects worldwide consumption will fall by 2.5
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Brent crude rose 3.7% overnight, breaking above $108. Bernstein warned that the combined crises in the Strait of Hormuz and the Red Sea could push oil prices to $150.
Bernstein analysts point out that the closure of Saudi Arabia's East-West oil pipeline due to attacks, coupled with the delayed negotiations between Iran and Gulf states over the Strait of Hormuz, is
-
IEA Warns Oil Demand May Have to Fall Further as Iran War Drags
The International Energy Agency (IEA) cut its forecast for oil demand, stating that consumption may need to decline further in the coming months as the Iran war continues and consumers are forced to a
-
IEA Says Ukraine Strikes Degrade Russian Oil-Refining Industry, With Sanctions Preventing Recovery from Drone Attacks
The International Energy Agency (IEA) stated that Russia’s oil-processing capacity is being degraded, as sanctions prevent the refining industry from recovering from more intense and precise Ukrainian
-
OPEC+'s share of global oil production fell to about 40% in July, down from over 48% before the conflict, indicating a shift in oil market dominance from supply to demand.
According to Reuters' calculations based on International Energy Agency (IEA) data, OPEC+'s share of global oil production has fallen from over 48% before the Middle East conflict at the end of Februa
-
Norway's crude oil production in July fell by nearly 200,000 barrels per day year-on-year to 1.776 million barrels per day, as the supply crisis in the Gulf region continued.
Preliminary data from the Norwegian Offshore Directorate shows that the country's crude oil production averaged 1.776 million barrels per day (bpd) in July, a decrease of approximately 195,000 bpd fro
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Oil prices rise as an oil spill near Oman worsens and recent attacks in the Gulf of Oman and Red Sea heighten supply disruption worries
Brent crude futures for October delivery gained 1.01% to $88.09 a barrel, while U.S. West Texas Intermediate futures for September advanced 1.15% to $82.31 per barrel. Oman's coastline is reportedly b
-
IEA Sees Wider Oil Supply Deficit, Global Oil Inventories to Decline Over Twice Previous Estimate This Quarter Amid War
The International Energy Agency (IEA) stated that global oil inventories are projected to decline this quarter at more than twice the rate previously estimated, even as high prices continue to deepen
-
IEA: Global EV Sales Surged 35% in Q2 2026 Due to Oil Price Shock
Global sales of electric vehicles (EVs) surged by 35% in the second quarter of 2026 compared to the first quarter, driven by an oil price shock caused by the Middle East crisis. The International Ener
-
IEA Report: Global Onshore Oil Inventories Fall to Near Decade Low, Potentially Hindering Inflation Relief and Impacting Bitcoin
Global onshore oil inventories are estimated to have fallen by 113 million barrels in September, nearing their lowest levels since 2016, according to an International Energy Agency (IEA) report on Oct
-
The IEA confirmed it has released 330 million barrels of oil reserves and agreed to accelerate the release of the remaining 100 million barrels to address supply disruptions caused by the Iran war.
The International Energy Agency (IEA) has confirmed the release of approximately 330 million barrels of emergency oil reserves. This is part of an agreement reached in March, when member countries agr
-
Oil Prices Fall: Investors Assess Middle East Tensions and IEA Report, Singapore-Flagged Vessel Sinks in Strait of Hormuz
International benchmark Brent crude futures for December fell 1.66% to $104.31 per barrel, and U.S. West Texas Intermediate crude futures for November dropped 1.09% to $94.05 per barrel. This followed
-
UAE Oil Production Hit Record Highs in September, IEA Reports
The International Energy Agency (IEA) stated that the United Arab Emirates' oil output reached record levels last month, demonstrating its resilience during the Iran war and its freedom from OPEC+ pro
-
IEA Monthly Report: OECD Oil Inventories Fall to Lowest Since 1989, Global Oil Demand Expected to Decline by 2.6 Million Barrels/Day in 2026
The International Energy Agency (IEA) stated in its latest monthly Oil Market Report, released on Wednesday, that OECD government-controlled oil inventories fell in August to their lowest level since
-
IEA: Global Diesel Supply Tightness to Persist Until End of 2027 Due to Iran Conflict, Inventory Declines, and Strong Demand
The International Energy Agency (IEA) reported on Wednesday that the global diesel market is expected to remain tight until the second half of 2027, primarily due to supply disruptions from the Iran c
-
The EU believes the G7's plan to release 100 million barrels of oil reserves primarily fulfills previous commitments, with limited actual new supply.
The International Energy Agency (IEA) and EU member states discussed the release of strategic oil and diesel reserves on Wednesday. EU member states generally believe that the G7's announcement last w
-
Southeast Asian energy ministers are meeting this week to discuss regional energy security against the backdrop of the war in Iran.
Energy ministers from the Association of Southeast Asian Nations (ASEAN) will meet this Wednesday and Thursday in Manila, Philippines, to discuss regional energy security. The meeting comes as the reg
-
G7 decided to release 100 million barrels of emergency oil reserves, causing WTI crude to fall over 5% at one point.
G7 leaders stated that they will coordinate the release of 100 million barrels of strategic oil reserves through the International Energy Agency (IEA). The action will begin immediately and last for f
-
German Economy Ministry: No new IEA requirements on diesel reserves at this time
German Economy Ministry: No new IEA requirements on diesel reserves at this time
-
Europe holds emergency talks on diesel reserves amid supply concerns
European nations are holding emergency talks over releasing strategic fuel reserves after pressure from Washington to boost supply. The U.S. has already approved another 40 million barrels from its St
-
IEA's Birol says diesel supply is very tight in Europe and beyond
IEA's Birol says diesel supply is very tight in Europe and beyond
-
International oil prices plunged over 3% on Tuesday, falling below $90, due to progress in Iran-US negotiations, the resumption of oil flow through Saudi pipelines, the IEA's plan to release reserves, and Donald Trump's contemplation of easing sanctions on Russia.
WTI crude futures fell over 3% on Tuesday, dropping back below the $90 mark, with Brent futures also declining. This downturn was primarily driven by four positive signals: Qatar announced that negoti
-
IEA Slashes 2026 Global Oil Demand Forecast to 2.5M BPD Decline, Second-Worst in 60 Years, Citing Iran War
The International Energy Agency (IEA) in its September report revised its outlook by more than 3 million barrels per day in eight months. The agency now projects worldwide consumption will fall by 2.5
-
Brent crude rose 3.7% overnight, breaking above $108. Bernstein warned that the combined crises in the Strait of Hormuz and the Red Sea could push oil prices to $150.
Bernstein analysts point out that the closure of Saudi Arabia's East-West oil pipeline due to attacks, coupled with the delayed negotiations between Iran and Gulf states over the Strait of Hormuz, is
-
IEA Warns Oil Demand May Have to Fall Further as Iran War Drags
The International Energy Agency (IEA) cut its forecast for oil demand, stating that consumption may need to decline further in the coming months as the Iran war continues and consumers are forced to a
-
IEA Says Ukraine Strikes Degrade Russian Oil-Refining Industry, With Sanctions Preventing Recovery from Drone Attacks
The International Energy Agency (IEA) stated that Russia’s oil-processing capacity is being degraded, as sanctions prevent the refining industry from recovering from more intense and precise Ukrainian
-
OPEC+'s share of global oil production fell to about 40% in July, down from over 48% before the conflict, indicating a shift in oil market dominance from supply to demand.
According to Reuters' calculations based on International Energy Agency (IEA) data, OPEC+'s share of global oil production has fallen from over 48% before the Middle East conflict at the end of Februa
-
Norway's crude oil production in July fell by nearly 200,000 barrels per day year-on-year to 1.776 million barrels per day, as the supply crisis in the Gulf region continued.
Preliminary data from the Norwegian Offshore Directorate shows that the country's crude oil production averaged 1.776 million barrels per day (bpd) in July, a decrease of approximately 195,000 bpd fro
-
Oil prices rise as an oil spill near Oman worsens and recent attacks in the Gulf of Oman and Red Sea heighten supply disruption worries
Brent crude futures for October delivery gained 1.01% to $88.09 a barrel, while U.S. West Texas Intermediate futures for September advanced 1.15% to $82.31 per barrel. Oman's coastline is reportedly b
-
IEA Sees Wider Oil Supply Deficit, Global Oil Inventories to Decline Over Twice Previous Estimate This Quarter Amid War
The International Energy Agency (IEA) stated that global oil inventories are projected to decline this quarter at more than twice the rate previously estimated, even as high prices continue to deepen
-
IEA: Global EV Sales Surged 35% in Q2 2026 Due to Oil Price Shock
Global sales of electric vehicles (EVs) surged by 35% in the second quarter of 2026 compared to the first quarter, driven by an oil price shock caused by the Middle East crisis. The International Ener
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International Energy Agency
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