International Energy Agency
International Energy Agency Articles
In its April Oil Market Report, the IEA said that March's global crude oil supply declined by 300,000 barrels a day compared with March 2015 supply.
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In the week ended April 8, the number of rigs drilling for oil in the United States dropped to 354, according to the latest Baker Hughes North American Rotary Rig Count.
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In the week ended March 11, the number of rigs drilling for oil in the United States totaled 386, according to the latest Baker Hughes North American Rotary Rig Count.
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In its March report, the IEA said that February's global crude oil supply declined by 180,000 barrels a day year over year and averaged 96.5 million barrels a day.
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In the week ended March 4, the number of rigs drilling for oil in the United States totaled 392, according to the Baker Hughes North American Rotary Rig Count.
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At the end of December, crude oil commercial stockpiles for the 34-member OECD nations had topped 3 billion barrels.
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The IEA released the latest version of its Medium-Term Oil Market Report Monday morning, and the agency noted a key threat to rebalancing.
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The International Energy Agency (IEA) issued its monthly Oil Market Report for February on Tuesday morning.
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The International Energy Agency (IEA) issued its most recent monthly Oil Market Report on Friday morning.
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The IEA expects oil prices to reach $80 by 2020, citing lack of demand in developed countries and a continuing glut in supply.
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If there is too much oil in 2015, and too little demand, which has, in theory, kept prices down, there will also be too much oil in 2016.
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The International Energy Agency issued its August Oil Market Report on Wednesday. The IEA's global demand growth forecast for 2015 has risen .
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The price of a barrel of crude oil fell below $44 in NYMEX electronic trading Friday, and there really does not seem to be any reason to think the bottom is in sight.
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Reaching an early peak in emissions by 2020 is one of the IEA's four "pillars" to reduce energy-related carbon emissions.
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In its June report, the International Energy Agency said that May's global crude oil supplies fell by 155,000 barrels a day.
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