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The Latest Breaking News from IEA

US energy leader slams IEA's net zero agenda, suggests Washington could walk out

US Energy Secretary Chris Wright said the International Energy Agency should focus on energy security and abandon net zero ideas, but EU leaders have backed the Paris-based agency as a "trusted pillar" of the global energy community.

Euronews

Europe is strong in energy research but needs to improve commercialisation, new report says

A new report from the International Energy Agency says that while Europe pioneered the technologies of the future, it risks becoming a research hub for global competitors without systemic industrial scaling.

Euronews

AI greenwashing: Most of Big Tech’s AI climate promises fall flat, study finds

Only 26 percent of climate-related AI claims cite any academic papers, while 36 percent didn’t cite any evidence at all, according to German non-profit Beyond Fossil Fuels.

Euronews

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Claims that AI can help fix climate dismissed as greenwashing

Industry using ‘diversionary’ tactics, says analyst, as energy-hungry complex functions such as video generation and deep research proliferate

The Guardian - UK

Fact check: Jim Ratcliffe’s claims about population, manufacturing and emissions

We take a close look at some of claims made by the billionaire businessman and Manchester United co-owner

Evening Standard

Labor will never have a better time to revisit carbon pricing – but does it have the stomach to make polluters pay?

The government has not made enough of a dent in emissions, but global trends and a shambolic opposition offer a rare opportunity to act

The Guardian - AU

'Electrifying everything' is key to Europe's future, IEA chief tells Euronews at Davos

The International Energy Agency (IEA) chief told Euronews that safeguarding the continent's energy security and reaching climate goals will be dependent on electrifying "everything" — from energy infrastructure, to transport and buildings.

Euronews

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Crude Oil Gains on Iran Risks

March WTI crude oil (CLH26 ) on Wednesday closed up +0.26 (+0.43%), and March RBOB gasoline (RBH26 ) closed up +0.0285 (+1.54%). Crude oil and gasoline prices settled higher on Wednesday, with gasoline climbing to a 7-week high. Crude found support on Wednesday from the IEA's decision to cut its...

Barchart

Crude Prices Push Higher as Iran Risks Remain

March WTI crude oil (CLH26 ) today is up +0.13 (+0.22%), and March RBOB gasoline (RBH26 ) is up +0.0228 (+1.23%). Crude oil and gasoline prices are moving higher today, with gasoline climbing to a 7-week high. Crude is finding support today from a weaker dollar and the IEA's decision...

Barchart

Crude Rallies as the Dollar Falls and Black Sea Oil Production Disrupted

February WTI crude oil (CLG26 ) on Tuesday closed up +0.90 (+1.51%), and February RBOB gasoline (RBG26 ) closed up +0.0386 (+2.16%). Crude oil and gasoline prices recovered from early losses on Tuesday and rallied sharply after the dollar index (DXY00 ) tumbled to a 2-week low. Also, reduced global...

Barchart

Dollar Strength and Smaller Global Supplies Lift Crude Oil Prices

February WTI crude oil (CLG26 ) today is up +0.94 (+1.58%), and February RBOB gasoline (RBG26 ) is up +0.0354 (+1.98%). Crude oil and gasoline prices recovered from early losses today and rallied sharply after the dollar index (DXY00 ) tumbled to a 2-week low. Also, reduced global crude supplies...

Barchart

Iran Tensions Underpin Crude Oil Prices

February WTI crude oil (CLG26 ) on Friday closed up +0.25 (+0.42%), and February RBOB gasoline (RBG26 ) closed up +0.0014 (+0.08%). Crude oil and gasoline prices settled higher on Friday, recovering some of Thursday's sharp selloff. Geopolitical risks in Iran are supporting crude prices even as the chance of...

Barchart

Crude Oil Prices Supported by Lingering Iran Risk

February WTI crude oil (CLG26 ) today is up +0.71 (+1.20%), and February RBOB gasoline (RBG26 ) is up +0.0136 (+0.76%). Crude oil and gasoline prices are moving higher today as they recover some of Thursday's sharp selloff. Geopolitical risks in Iran are supporting crude prices even as the chance...

Barchart

Crude Oil Prices Fall Sharply as Chances of a US Attack on Iran Ease

February WTI crude oil (CLG26 ) on Thursday closed down -2.83 (-4.56%), and February RBOB gasoline (RBG26 ) closed down -0.0466 (-2.55%). Crude oil and gasoline prices sold off sharply on Thursday as geopolitical risks in Iran temporarily eased. President Trump signaled he may hold off on attacking Iran for...

Barchart

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Barchart

Crude Oil Prices Sink as Geopolitical Risks Ease in Iran

February WTI crude oil (CLG26 ) today is down -2.82 (-4.56%), and February RBOB gasoline (RBG26 ) is down -0.0506 (-2.76%). Crude oil and gasoline prices are falling sharply today as geopolitical risks in Iran subsided after President Trump signaled he may hold off on attacking Iran for now, after...

Barchart

Geopolitical Risk Pushes Crude Oil Prices Higher

February WTI crude oil (CLG26 ) on Wednesday closed up +0.87 (+1.42%), and February RBOB gasoline (RBG26 ) closed up +0.0039 (+0.21%). Crude oil and gasoline prices extended this week's sharp rally today, with crude climbing to a 2.5-month high and gasoline posting a 5-week high. Fears of an escalation...

Barchart

Fears of Iran Escalation Lift Crude Oil Prices

February WTI crude oil (CLG26 ) today is up +0.35 (+0.57%), and February RBOB gasoline (RBG26 ) is down -0.0066 (-0.36%). Crude oil and gasoline prices are mixed today, with crude climbing to a 2.5-month high. Fears of an escalation in tensions in Iran, which could disrupt crude supplies from...

Barchart

Geopolitical Risks Underpin Crude Oil Prices

February WTI crude oil (CLG26 ) on Tuesday closed up +1.65 (+2.77%), and February RBOB gasoline (RBG26 ) closed up +0.0327 (+1.82%). Crude oil and gasoline prices rallied sharply on Tuesday, with crude posting a 2.25-month high and gasoline posting a 5-week high. Crude prices surged on Tuesday after President...

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Barchart

Crude Oil Prices Rally as Iranian Tensions Escalate

February WTI crude oil (CLG26 ) today is up +1.82 (+3.069%), and February RBOB gasoline (RBG26 ) is up +0.0421 (+2.35%). Crude oil and gasoline prices are sharply higher today, with crude climbing to a 2.25-month high and gasoline climbing to a 5-week high. Crude prices are rallying today after...

Barchart

Crude Oil Prices Climb on Dollar Weakness and Supply Risks

February WTI crude oil (CLG26 ) on Monday closed up +0.38 (+0.64%), and February RBOB gasoline (RBG26 ) closed up +0.0132 (+0.74%). Crude oil and gasoline prices settled higher on Monday, with crude posting a 5-week high. Monday's dollar weakness (DXY00 ) is bullish for energy prices. Also, rising tensions...

Barchart

Crude Oil Prices Boosted by Dollar Weakness and Iranian Protests

February WTI crude oil (CLG26 ) today is up +0.21 (+0.36%), and February RBOB gasoline (RBG26 ) is up +0.0147 (+0.83%). Crude oil and gasoline prices are moving higher today, with crude posting a 5-week high. Today's dollar weakness is bullish for energy prices. Also, rising tensions in Iran, the...

Barchart

Crude Oil Settles Sharply Higher as Iranian Protests Escalate

February WTI crude oil (CLG26 ) on Friday closed up +1.36 (+2.35%), and February RBOB gasoline (RBG26 ) closed up +0.0203 (+1.15%). Crude oil and gasoline prices rallied on Friday, posting 1-month highs. Rising tensions in Iran, the fourth-largest producer in OPEC, are supporting crude prices as protests against the...

Barchart

Crude Rallies as Iranian Protests Escalate

February WTI crude oil (CLG26 ) today is up +1.79 (+3.10%), and February RBOB gasoline (RBG26 ) is up +0.0352 (+2.00%). Crude oil and gasoline prices are up sharply today, posting 1-month highs. Rising tensions in Iran, the fourth-largest producer in OPEC, are supporting crude prices as protests against the...

Euronews

Mining, climate and smokescreens: What's driving Trump's interest in Greenland?

Experts warn that Trump could exploit Greenland for its critical mineral resources, which are seen as “essential” for green energy.

Barchart

Crude Sharply Higher on Energy Demand Strength and Index Buying of Oil Futures

February WTI crude oil (CLG26 ) on Thursday closed up +1.77 (+3.16%), and February RBOB gasoline (RBG26 ) closed up +0.0658 (+3.88%). Crude oil and gasoline prices rallied sharply on Thursday, with gasoline posting a 1.5-week high. Crude prices rose as Thursday's better-than-expected US economic news showed strength in energy...

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