The Latest Breaking News from IEA

Global push for clean hydrogen foiled by costs and lack of support, report finds

IEA says firms are announcing more projects but waiting for government support before investing

The Guardian - UK · Sep 22, 2023

Crude Gains After Russia Bans Gasoline and Diesel Exports

November WTI crude oil (CLX23 ) this morning is up +0.83 (+0.93%), and Nov RBOB gasoline (RBX23 ) is up +1.96 (+0.76%). Nov WTI crude oil and gasoline prices this morning shook off early losses and are moderately higher after Russia banned gasoline and diesel exports, further tightening global fuel...

Barchart · Sep 21, 2023

Renewables are cheaper than ever yet fossil fuel use is still growing – here’s why

Wind and solar are the world’s fastest growing energy sources and together generated 12% of global electricity in 2023. The amount of energy produced by wind and solar is expected to increase and accelerate.

The Conversation · Sep 19, 2023

This 200-Year-Old Technology Could Revolutionize the Future of Heating

Heat pumps have long struggled to become commonplace in some countries.

Inverse · Sep 18, 2023

Global inflation fears as oil price rises towards $100 a barrel

Rise of 30% since June follows increasing demand in China and production cuts by Russia and Saudi Arabia

The Guardian - UK · Sep 17, 2023

US in ‘regular contact’ with Saudi Arabia over global oil supplies

Constant discussions aim to ensure a ‘stable and affordable supply of energy to global markets’, White House says.

Al Jazeera · Sep 16, 2023

4 Energy Stocks to Keep Track of This Week

Despite mounting environmental concerns, the coal industry anticipates continued growth due to increasing demand. As a result, investors could monitor resilient coal stocks CONSOL Energy (CEIX), Hallador Energy (HNRG), China Shenhua Energy (CSUAY), and SunCoke Energy (SXC) for substantial returns. Read on….

StockNews.com · Sep 14, 2023

New fossil fuel projects ‘very unwise economic risk’ says global energy chief

Fatih Birol, head of International Energy Agency, says countries planning expansion are ‘misjudging market trends’

The Guardian - UK · Sep 14, 2023

Crude Prices Close Lower as Weekly EIA Inventories Unexpectedly Climb

October WTI crude oil (CLV2 3 ) on Wednesday closed down -0.32 (-0.36%), and Oct RBOB gasoline (RBV23 ) closed up +1.05 (+0.38%). Crude oil and gasoline prices on Wednesday settled mixed. Crude fell from a 10-month high Wednesday and closed lower on a bearish weekly EIA inventory report. Crude...

Barchart · Sep 13, 2023

Crude Prices Strengthen on the Outlook for Tighter Global Supplies

October WTI crude oil (CLV23) this morning is up +0.23 (+0.26%), and Oct RBOB gasoline (RBV23) is up +0.40 (+0.15%). Crude oil and gasoline prices this morning are modestly higher, with crude posting a nearly 10-month high. Tightness in global oil supplies is underpinning oil prices after OPEC on Tuesday...

Barchart · Sep 13, 2023