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The Latest Breaking News from IEA

Gavin Newsom Slams Trump's Reported California Drilling Push As IEA U-Turns To Predict Global Oil Demand Growth Until 2050

California Governor Gavin Newsom strongly opposed the Trump administration’s reported intentions to expand offshore drilling in California, as the International Energy Agency (IEA) on Wednesday predicted global oil and gas demand could grow until 2050.

Benzinga

Rising electricity demand drives urgent need for diverse, resilient energy, IEA says

Renewable energy, led by solar power, will grow faster than any other major source in the next few years, the annual outlooks says.

Euronews

Diverse and resilient energy production is needed to meet future demand, global report says

Electricity demand will rise much faster than overall energy growth in the coming decades, underscoring the need for diversified energy sources and supply chains, That's according to a new report by the International Energy Agency

The Independent UK

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Influential study sees "less momentum" on cutting global CO2 emissions

IEA's latest World Energy Outlook could influence anyone trying to understand where the energy mix might head.

Axios

Supply boom in cheaper renewables will seal end of fossil fuel era, says IEA

Watchdog’s flagship report says rise in low-carbon electricity will make transition ‘inevitable’, despite Trump’s calls to carry on drilling

The Guardian - UK

Why Bill Gates’ climate memo is being celebrated by skeptics while frustrating scientists

Shortly before COP30 talks begin in Brazil, tech billionaire and philanthropist Bill Gates has launched a “narrative grenade” into the discourse of climate politics by publishing a lengthy memo calling for a rethink of how the climate crisis is framed and addressed.

The Conversation

Crude Prices Slip on the Outlook for Ample Global Supplies

November WTI crude oil (CLX25 ) on Wednesday closed down -0.43 (-0.73%), and November RBOB gasoline (RBX25 ) closed up +0.0058 (+0.32%). Crude oil and gasoline prices settled mixed on Wednesday. Crude remains under pressure on concerns over a global supply glut after the IEA on Tuesday forecast a record...

Barchart

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Crude Prices Undercut by Concerns of a Global Supply Glut

November WTI crude oil (CLX25 ) today is down -0.33 (-0.56%), and November RBOB gasoline (RBX25 ) is up +0.0035 (+0.19%). Crude oil and gasoline prices are mixed today. Crude remains under pressure on concerns over a global supply glut after the IEA on Tuesday forecast a record global oil...

Barchart

Can Colombia embrace clean energy without damaging the Amazon?

At the foot of the Andes, a Canadian firm has plans for one of the country’s biggest copper mines, but many say the carbon-rich forests and clean rivers are too high a price to pay

The Guardian - UK

BMW and Toyota Were Right: Going All in on EVs Was a Mistake

At the beginning of the decade, car companies rushed to set expiration dates for combustion engines. It's as if there was a race to see who could go all-in on EVs first, with companies like Volvo and Bentley pledging to abandon gas cars by 2030. Others, like Ford of Europe,…

Motor1

Clean energy surpasses coal but policy headwinds threaten 2030 goals, IEA warns

This year, solar and wind farms generated more electricity than coal for the first time. But United States and Chinese policy shifts are slowing growth, making it unlikely that the global 2030 clean energy goals will be met, according to a report released by the International Energy Agency.

Radio France Internationale

Renewables Overtake Coal But Growth Slows: Reports

Solar and wind farms generated more electricity than coal for the first time on record this year, but US and Chinese policy shifts are slowing growth, putting a global 2030 target out of reach, reports said on Tuesday.

International Business Times

Global renewable energy generation surpasses coal for first time

Record solar expansion and steady wind growth driving world’s shift away from fossil fuels in 2025, report finds

The Guardian - UK

OPEC+ Meets With Future Oil Production Hanging In The Balance

Saudi Arabia, Russia and six other key members of the OPEC+ alliance are likely to agree to raise crude output when they meet virtually on Sunday, with analysts divided over the size of the expected hike.

International Business Times

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International Business Times

IEA Feels The Heat As Washington Pushes Pro-oil Agenda

No stranger to ire from oil-producing nations, the International Energy Agency (IEA) is facing pressure from the Trump administration over its globally-respected reports that predict a dwindling in fossil fuel demand.

International Business Times

IEA Says More Oil And Gas Investment May Be Needed

New oil and gas projects may be necessary to maintain current production levels, the IEA said Tuesday, as it is in a public feud with the Trump administration over its forecasts for lower demand.

Barchart

Crude Prices Retreat on Fears of a Global Supply Glut

October WTI crude oil (CLV25 ) on Thursday closed down -1.30 (-2.04%), and October RBOB gasoline (RBV25 ) closed down -0.0287 (-1.43%). Crude oil and gasoline prices fell sharply on Thursday due to concerns about a global crude supply glut after the IEA boosted its 2026 global oil surplus estimate....

Barchart

Crude Prices Tumble as IEA Boosts Its Global Oil Surplus Estimate

October WTI crude oil (CLV25 ) today is down -1.10 (-1.73%), and October RBOB gasoline (RBV25 ) is down -0.0372 (-1.85%). Crude oil and gasoline prices are falling sharply today on concerns about a global crude supply glut after the IEA boosted its 2026 global oil surplus estimate. Concerns that...

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TechRadar

Is efficiency misunderstood?

How energy efficiency powers sustainability, resilience, and smarter growth across industries.

Fortune

Trump's crusade to cripple clean energy has found its match: the free market and global finance

It’s time to stop fretting about an imagined end to clean energy finance and get back to the business of building the future.

The Guardian - AU

Voices arguing that climate action is a waste of time are getting louder. Here’s why they are wrong

Optimism may be hard to come by, but the evidence shows some progress on emissions is not just possible – it’s happening before our eyes

Barchart

Crude Oil Closes Lower Ahead of Trump-Putin Summit

September WTI crude oil (CLU25 ) on Friday closed down -1.16 (-1.81%), and September RBOB gasoline (RBU25 ) closed down -0.00329 (-1.56%). Crude oil prices during Friday's futures session were on the defensive ahead of the afternoon Trump-Putin summit, which began after the futures markets settled. Before the summit, President...

Barchart

Crude Oil Lower Ahead of Today's Trump-Putin Summit

September WTI crude oil (CLU25 ) is down -0.71 (-1.11%), and September RBOB gasoline (RBU25 ) is down -0.0244 (-1.16%). Crude oil prices are on the defensive ahead of today's Trump-Putin summit, which will reportedly begin at around 3 pm ET, according to Reuters, after the US oil futures market...

Barchart

Crude Oil Rallies Ahead of Friday's Trump-Putin Summit

September WTI crude oil (CLU25 ) today is up +1.07 (+1.71%), and September RBOB gasoline (RBU25 ) is up +0.0377 (+1.82%). Crude oil prices today are sharply higher on some short-covering ahead of Friday's Trump-Putin summit. President Trump has said he will proceed with high tariffs on countries that buy...

Barchart

Crude Oil Falls on Bearish Weekly Inventory Report and IEA Oil Surplus Forecast

September WTI crude oil (CLU25) on Wednesday closed down -0.52 (-0.82%), and September RBOB gasoline (RBU25) closed down -0.0040 (-0.19%). Crude oil prices on Wednesday fell due to a bearish weekly EIA crude inventory report of +3.0 million bbls and a bearish oil surplus forecast by the International Energy Agency....

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