Ed Miliband to stand in for Andy Burnham at emergency G7 talks ED Miliband will stand in for Andy Burnham on an emergency G7 call to discuss world energy markets The National (Scotland) · Oct 2
The EU Is Reportedly Discussing Releasing Diesel Stocks Over U.S. Pressure. Oil Prices Are Falling. The proposal calls for European countries to release 50 million barrels and International Energy Agency members to release another 50 million. International Business Times · Oct 2
Can releasing more of Europe’s emergency reserves bring diesel prices down? The EU says it is ready for collective action with the IEA on a fresh emergency release. Analysts say releasing diesel reserves could lower pump prices within days, but would offer only short-term relief. Euronews · Oct 2
Diesel supplies robust, insists Government as prices hit £2 for first time The RAC says the average price for a litre of diesel has risen to a new record high, with some forecasts charging 203p a litre on Friday. Evening Standard · Oct 2
G7 members will release 100 million barrels of diesel after US threatens export ban Members of the Group of Seven bloc of highly industrialised economies on Friday agreed to release 100 million barrels of diesel and crude oil from their reserves over four months, averting a potential US ban on diesel exports. The European Union had earlier pushed back against Washington's threat, with an… France 24 · Oct 2
EU holds crisis meeting as US pressure mounts to release emergency oil stocks EU countries and the European Commission are holding talks on Friday that could pave the way for a new emergency oil reserves release, as pressure from Washington mounts. Energy Commissioner Dan Jørgensen told Euronews a fresh emergency release is "a possibility". Euronews · Oct 2
UK Government addresses panic over diesel supplies as Donald Trump pressure grows People should not worry about diesel shortages, the Government has said, amid pressure from the US for European countries to use their reserves The National (Scotland) · Oct 2
Don’t worry about diesel shortages, Government says, as US urges use of reserves Britain joined crisis talks with the EU amid rocketing fuel prices Evening Standard · Oct 2
U.S. Pressuring France And Germany To Release Diesel Stocks. A Retaliatory Export Ban Is Reportedly On The Table. Global diesel markets remain tight and U.S. prices stay well above year-ago levels. International Business Times · Oct 1
The Number Missing From Every Boardroom Resource Debate The International Energy Agency's Global Critical Minerals Outlook 2026, published in July, projects that supply deficits for copper are set to persist through 2035, with a 25% shortfall. International Business Times · Sep 30
Why the Nuclear Power Revival Also Depends on Building a Reliable Uranium Supply The International Energy Agency reported that data-centre electricity use grew 17% in 2025, while consumption at AI-focused data centres rose even faster. International Business Times · Sep 29
Oil and gas industry expected surplus – but war brought shortage instead In 2023, the International Energy Agency predicted that by 2028 the world’s oil companies would produce more oil than people wanted to buy. Prices responded to that and similar projections of slowing oil demand, dropping too low to attract investment for new wells and refineries. The Conversation · Sep 29
Africa’s mineral strength is wasted if countries don’t work together – new report Green technologies are mineral-intensive: electric vehicles, batteries, solar panels, wind turbines and grids need cobalt, lithium, copper, manganese, graphite and rare earths. The International Energy Agency estimates that electric cars require six times more minerals than a petrol or diesel car. A wind power plant requires about nine times more… The Conversation · Sep 27
Electricity is Emerging as the Next Constraint on America's AI Race The speed of AI development is increasingly colliding with the slower timetable of the energy system. International Business Times · Sep 24
The Conversation · Sep 14 North Sea drilling is a distraction: low-carbon transition hinges on prioritising people and jobs Keeping global temperatures within safe limits is incompatible with new fossil fuel extraction, as stated by the International Energy Agency. This should be reason enough to oppose any new North Sea extraction of fossil fuels.
France 24 · Sep 14 Countries turn to coal to avoid shipping disruptions in the Strait of Hormuz The US-Israel war on Iran has shaken global energy markets and coal is no exception. Countries around the world are turning to the highly polluting source of power in a bid to avoid shipping disruptions in the Strait of Hormuz. According to the International Energy Agency, global coal demand is…
The Economic Times · Sep 11 IEA slashes oil demand forecast as prices surge The International Energy Agency on Friday further reduced its forecast for global oil demand this year, citing the recent escalation in the Mideast war and resurgent energy prices. Ukrainian strikes on Russian refineries and other energy targets are also taking a toll, driving up global fuel prices that will lead…
Barchart · Sep 11 Crude Prices Fall Back After IEA Forecasts Sharp Drop in Oil Demand October WTI crude oil (CLV26 ) is down -2.97 (-2.90%), and October RBOB gasoline (RBV26 ) is down -0.0499 (-1.47%). Oct WTI oil prices today have fallen back after Thursday’s +6.7% rally to a 3.5 month high. Oil prices fell back after the International Energy Agency (IEA) today warned that...
International Business Times · Sep 11 Oil Prices Keep Climbing As a Result Of Global Conflicts. The IEA Expects Demand To Drop More. The International Energy Agency expects global oil demand to decline by 2.5 million barrels per day this year.
Euronews · Sep 9 European gas prices keep climbing as IEA calls for emergency reserves With European gas prices hitting the highest since early 2023, the International Energy Agency says governments should consider strategic reserves, more flexible contracts and closer international cooperation to prepare for future natural gas shortages.
Euronews · Sep 4 EU to make last-minute decision on Arctic oil and gas drilling ban The European Commission will soon unveil its revised Arctic strategy and whether to maintain or scrap its 2021 position on new oil and gas exploration in the High North. The International Energy Agency and Norway have urged Brussels to reconsider the ban.
The Economic Times · Aug 13 Oil Price Today (August 13): Crude oil dips below $90 despite Strait of Hormuz deadlock. Here’s why The Organisation of Petroleum Exporting Countries cut its forecast for global oil demand growth in 2026 to 580,000 barrels per day in its monthly oil market report released on Wednesday. The International Energy Agency also lowered its outlook on Wednesday, saying it now expects oil consumption to contract by 1.6…
Barchart · Aug 12 Crude Prices Close Higher as IEA Forecasts Tightening Inventories in Q3 September WTI crude oil (CLU26) on Wednesday closed up +0.07 (+0.08%), and September RBOB gasoline (RBU26) closed up +0.0171 (+0.55%). Crude oil and gasoline prices closed higher on Wednesday as the International Energy Agency (IEA) said in its monthly report that the global oil supply deficit will worsen, even as...
The Economic Times · Aug 12 Global oil supply shortfall to deepen as Hormuz reopening remains elusive, IEA says Global oil supply will fall by 4.3 million barrels daily this year. Renewed Middle East hostilities are disrupting supplies and deepening the oil market deficit. This year's expected supply drop compares with earlier forecasts and is significant. The International Energy Agency expects a deficit of 1.8 million barrels daily over…
International Business Times · Aug 12 The IEA Had Already Reduced Its Oil Demand Forecast. It Has Done So Once More. The International Energy Agency said global oil demand will drop by 1.6 million barrels a day this year, a significant increase compared to the previous figure.