Global oil supply set to reach record high in 2024
The IEA's oil outlook projects a record-high global supply of 103.5 million barrels per…
Tag: oil supply
Extinction Rebellion activists block major oil terminals
Ten critical oil facilities have been blocked
IEA unveils measures that could reduce risk of energy supply crunch
IEA's Executive Director Dr Fatih Birol said the world might well be facing its biggest…
US to release 50m barrels of oil to lower energy costs
The UK has also agreed to participate, by releasing 1.5 million barrels of its reserves
IEA: Iraq could be world’s third biggest oil supplier by 2030
The country's oil production is expected to increase by 1.3m barrels a day during that period
IEA warns of oil supply security risks, price hikes
The International Energy Agency (IEA) is warning consumers of a hike in oil prices and supply…
IEA trims 2014 oil demand growth prediction
The International Energy Agency (IEA) has trimmed its forecast for global oil demand as a…
North Sea oil leak shuts down pipeline
A leak at an oil platform in the North Sea off the coast of Scotland has forced a pipeline and…
