Tag: International Energy Agency
Oil Prices Retreat Amid China Demand Concerns and Supply Predictions
Jennifer -
Oil prices experienced a decline on Friday, retracing from the previous day's gains, as geopolitical tensions and disruptions in U.S. oil production were offset...
How Much Crude Oil is Trading at and Factors Influencing Prices?
Jennifer -
Crude oil, often referred to as the lifeblood of the global economy, serves as a critical commodity with far-reaching implications on various industries and...
Oil Industry Leaders Emphasize Role of Fossil Fuels in Energy Transition
Jennifer -
Top executives from Exxon Mobil Corp. and Saudi Aramco voiced their support for the global transition to cleaner energy sources while emphasizing the ongoing...
Oil Prices Steady as Market Awaits Monthly Oil Forecasts
Jennifer -
Oil prices showed minimal change on Monday, with Brent crude settling at $90.64 per barrel, down just 1 cent, and U.S. West Texas Intermediate...
IEA cuts 2023 oil demand growth forecast for first time this year as global economy slows
玛丽 -
The International Energy Agency (IEA) said on July 13 that oil demand will hit a record high this year, but economic headwinds and interest...
The IEA raised its crude oil supply forecast for this year
Joy -
On June 14, the International Energy Agency (IEA) raised its 2023 oil supply forecast by 200,000 barrels to 101.3 million barrels per day, and...
What does strategic oil reserve mean?
jack wei -
Strategic oil reserves refer to one of the effective ways to deal with short-term oil supply shocks (large-scale reductions or interruptions). It serves national...
Difference Between EIA and IEA
jack wei -
IEA usually refers to the International Energy Agency. The International Energy Agency, also known as the "International Energy Agency", was established in November 1974...
Welcome to the storm! The White House is analyzing what the economy will do when oil hits $200
The U.S. is facing its worst inflation since 1981, with poor economic performance and record oil prices pushing Biden's average approval rating to a...
Us stocks and us bonds rebounded strongly after the Fed raised interest rates by a large margin
In June, the Federal Reserve's FOMC raised interest rates by 75 basis points, the largest increase in nearly three decades since 1994, to levels...