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The Latest Breaking News from IEA

World’s top fossil-fuel bosses deride efforts to move away from oil and gas

Executives at Texas summit claim clean-energy transition is failing and say world should ‘abandon the fantasy’ of fossil-fuel phaseout

The Guardian - US

Crude Settles Higher on Tighter Global Oil Supplies

April WTI crude oil (CLJ24 ) on Tuesday closed up +0.75 (+0.91%), and Apr RBOB gasoline (RBJ24 ) closed up +0.49 (+0.18%). Crude oil and gasoline prices Tuesday closed higher with crude climbing to a 4-1/2 month high and gasoline posting a 6-month high. Ukrainian drone attacks on Russian refineries...

Barchart

Crude Prices Underpinned by Tighter Global Supplies

April WTI crude oil (CLJ24 ) this morning is up +0.59 (+0.71%), and Apr RBOB gasoline (RBJ24 ) is down -0.52 (-0.19%). Crude oil and gasoline prices today are mixed, with crude climbing to a 4-1/2 month high. Ukrainian drone attacks on Russian refineries over the weekend damaged several Russian...

Barchart

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Crude Ends Higher on Strong Chinese Demand and Drone Attacks on Russian Refineries

April WTI crude oil (CLJ24 ) on Monday closed up +1.68 (+2.07%), and Apr RBOB gasoline (RBJ24 ) closed up +3.86 (+1.43%). Crude oil and gasoline prices on Monday moved higher, with crude posting a 4-1/2 month high and gasoline posting a 5-month high. Signs of strength in Chinese crude...

Barchart

Crude Rallies on Strong Chinese Demand and Drone Attacks on Russian Refineries

April WTI crude oil (CLJ24 ) this morning is up +1.03 (+1.27%), and Apr RBOB gasoline (RBJ24 ) is up +3.42 (+1.26%). Crude oil and gasoline prices are trading sharply higher, with crude posting a 4-1/4 month high and gasoline posting a 5-month high. Signs of strength in Chinese crude...

Barchart

Crude Prices Pressured by a Stronger Dollar

April WTI crude oil (CLJ24 ) on Friday closed down -0.22 (-0.27%), and Apr RBOB gasoline (RBJ24 ) closed up +1.75 (+0.65%). Crude oil and gasoline prices on Friday settled mixed, with gasoline climbing to a 5-3/4 month high. Friday's rally in the dollar index to a 1-week high was...

Barchart

Crude Prices Slip on Dollar Strength

April WTI crude oil (CLJ24 ) this morning is down -0.12 (-0.16%), and Apr RBOB gasoline (RBJ24 ) is up +0.50 (+0.18%). Crude oil and gasoline prices this morning are mixed, with gasoline climbing to a 5-3/4 month high. Today's rally in the dollar index to a 1-week high is...

Barchart

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IEA Raises Oil Demand Outlook, Still Behind OPEC

IEA revises global oil demand forecast, showing an increase but still lower than OPEC's. Both organizations are crucial for energy market analysis.

Top News

Oil industry has sought to block state backing for green tech since 1960s

Research shows industry lobbying against support for solar panels and electric cars while enjoying subsidies itself

The Guardian - UK

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StockNews.com

Accelerate Your Returns With 3 Lucrative Gas Stocks

The global gas market thrives on sustained natural gas demand and continuous technological advancements, propelling the growth and evolution of the energy sector. Against this backdrop, it could be wise to consider investing in fundamentally strong gas stocks, such as BP p.l.c. (BP), Equinor (EQNR), and Antero Midstream (AM). Keep…

Radio France Internationale

International Business Times

CO2 emissions from energy rose by 1.1 percent in 2023, increasing by 410 million tons to a record 37.4 billion tons, slowing down from a gain of 490 million tons in 2022, the IEA said in its annual update on emissions.

The Guardian - AU

This is what happens when an uncosted Coalition thought-bubble on nuclear power is presented as a concrete proposal

Anyone reading the Australian’s Newspoll survey might think there was an actual proposal in place to build small modular nuclear reactors around Australia – except there isn’t

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news in one place.

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StockNews.com

Analyzing Suncor Energy (SU) and Pioneer Natural Resources (PXD): Pre-Earnings Investment Prospects

Oil prices have witnessed a recent upsurge, fueled by geopolitical tensions coupled with upbeat OPEC forecasts. Given this outlook, as two energy stocks, Pioneer Natural Resources (PXD) and Suncor Energy (SU), gear up to announce their fourth-quarter results, would it be wise to scoop the shares of these two companies…

Radio France Internationale

France's Veolia to buy Hungarian gas-fired power plant

French energy giant Veolia has agreed to buy a 430-megawatt, gas-fired power plant in Hungary from German company Uniper. It is the latest move by Paris to further its involvement in Hungary's energy sector, which is largely dependent on Russia.

Barchart

Crude Oil Rises on Geopolitical Risks in the Middle East

March WTI crude oil (CLH24 ) on Friday closed up +1.16 (+1.49%), and Mar RBOB gasoline (RBH24 ) closed up +1.77 (+0.76%). Crude oil and gasoline prices on Friday posted moderate gains, with crude oil climbing to a 2-1/2 month high. Concern about an escalation of the Israel-Hamas war to...

International Business Times UK

Kazakhstan Well Continued To Leak Highly Potent Greenhouse Gas Methane For Months

Methane is a very powerful greenhouse gas and is around 80 times more potent than carbon dioxide.

Top News

IEA Anniversary Meeting Reflects on Going Green at 50

The International Energy Agency (IEA) anniversary meeting discussed the organization's climate pivot and challenges of going green. Debate on IEA's efforts...

International Business Times

IEA Warns On Plummeting Oil Stocks

The International Energy Agency warned Thursday of plummeting oil stocks even as global growth in demand loses momentum.

Evening Standard

Liz Truss' PopCon and the UK's strangest (yet powerful) think tanks

Now that Liz Truss has launched her PopCon ‘movement’, it is worth looking at other non-governmental organisations ‘helping’ the parties with policy advise and research — just what are these think tanks up to?

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