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- World oil markets to remain tight until 2013: IEA chief
- BERLIN AFP — International Energy Agency chief Nobuo Tanaka has predicted that world oil markets will remain tight until 2013, according to an interview with the German economic daily Handelsblatt. The market will initially relax from now until 2009/2010 due to a foreseeable increase in supply brought about by...
- Research articles 2008-07-05
- Oil continues its climb, forecast to hit $155
- Jittery traders pushed oil prices to a record of almost $141 per barrel Tuesday amid saber-rattling in the Middle East and warnings of a third global "oil shock" like those of the 1970s. "It's going to get worse before it gets better," predicted analyst Tom Kloza...
- Research articles 2008-07-02
- Saudi king urges consumers to get used to high oil prices
- KUWAIT CITY AFP — King Abdullah of Saudi Arabia, whose nation is the world's number one oil exporter, called on consumer countries to get used to high prices in comments published on Tuesday. "Consumer countries have to adapt to the prices and the mechanisms of the market," the king...
- Research articles 2008-07-01
- Oil prices rise as OPEC president questions investment flows
- NEW YORK AFP — Oil prices swung back towards record highs on Tuesday after the president of OPEC said there was uncertainty surrounding future investment in energy facilities that could boost crude output. The International Energy Agency IEA meanwhile said that growth in supply would outpace demand until 2010,...
- Research articles 2008-07-01
- IEA to push G8 leaders to commit to energy efficiency: director
- MADRID AFP — The head of the International Energy Agency said Tuesday he would press G8 leaders at a summit next week to adopt commitments to energy efficiency measures as part of the fight against climate change. "We are recommending that energy efficiency is one of most cost-effective ways...
- Research articles 2008-07-01
- Energy
- Energy: A recent report by the International Energy Agency IEA outlines approaches to two scenarios for cutting global carbon dioxide levels by 2050. In the ACT scenario, which was introduced in 2006 and has now been revised, the levels of carbon dioxide would be reduced to 2005 levels by 2050...
- Research articles 2008-06-15
- World must spend trillions to cut emissions: IEA
- TOKYO AFP — The world must spend about one percent of its total income every year to halve greenhouse gas emissions by 2050, the IEA said Friday, calling for an "energy technology revolution" to curb global warming. Unless governments act now, carbon dioxide emissions will rise by 130 percent...
- Research articles 2008-06-05
- Oil & gas: how high can prices go? A report researched and written by international economic analyst Moin Siddiqi
- THE INEXORABLE SURGE in crude oil prices from below $70/ barrel last August defies the conventional wisdom that says prices will drop when global economic activity slows and energy demand decelerates. According to the International Monetary Fund IMF, "The world economy has entered new and precarious territory." The energy-guzzling nations...
- Research articles 2008-06-01
- IEA makes biggest downward demand revision since 2001
- The International Energy Agency recently made its biggest downward revision in its forecast for global oil demand in seven years. However, the agency noted conservation measures are unlikely to bring down the record high prices for oil because demand is growing fast enough in China, India and other emerging markets...
- Research articles 2008-05-01
- US carbon emissions to rise 23 percent over UN benchmark: IEA
- PARIS AFP — US emissions of greenhouse gases are poised to rise by nearly a quarter over a key UN benchmark by 2025, the date set by President George W. Bush for stabilising this pollution, an International Energy Agency IEA expert said on Friday. The benchmark of 1990 is...
- Research articles 2008-04-18
- IEA: Finding and Developing Costs Pressure Oil Price
- The increasing costs of research and development projects to secure high-cost oil reserves is playing a role in the price of oil going above $100/bbl, the International Energy Agency IEA said in its latest oil market report tracking data from January."In 2003, moves above $30/barrel were widely cited as speculative...
- Research articles 2008-03-26
- ENERGY 2008: HIGHER PRICES AND VOLATILITY
- While the $100 print in crude oil futures at the beginning of the year was apparently the result of a glory seeking pit trader and not legitimate price discovery, there is no magic to that number and oil will most likely breeze past it in 2008. But it won't be...
- Research articles 2008-02-01
- IEA: No Logical Reasons for $100/Bbl Oil
- While the International Energy Agency IEA in its latest Oil Market Report could provide possible explanations for the recent trend of high oil prices, the Paris-based agency couldn't explain how the prices got so high in the first place. "Ultimately, this is a complex and interactive web of fundamentals, which...
- Research articles 2008-01-30
- IEA Projects Growth in Global Refinery Crude Throughput
- Growth in global refinery crude throughput is expected to grow in January as well as the first quarter of 2008, with more than half of that growth coming from refinery activity in developing countries and in countries who are not members of the Organisation for Economic Co-Operation and Development, said...
- Research articles 2008-01-21
- IEA: Developing Countries Drive Worldwide Gasoline Demand
- The possibility of a U.S. economic downturn may lower demand for transportation fuels, including gasoline, in 2008 said the International Energy Agency IEA in its latest report. "Most of the oil demand growth in 2008 is expected to come from heating use on the basis of a return to...
- Research articles 2008-01-21
- IEA: Relationship Between High Oil Prices and Global Demand Still Uncertain
- Although the high price of oil has somewhat lessened global oil demand, the depth of its impact remains to be seen, the International Energy Agency IEA said in its latest Oil Market Report, which monitors the supply and demand of oil for member and non-member countries of the Organisation for...
- Research articles 2008-01-09
- The oil peaks
- There is increasing evidence that the world has reached, or will soon reach, the worrisome condition known as peak oil (see "The Outlook on Oil," feature, January/February 2006). As Michael Klare reports in The Nation, such mainstream sources as the National Petroleum Council NPC and the International Energy Agency IEA...
- Research articles 2008-01-01
- CERAWeek 2008: The Quest for Energy Security
- Perspectives from Strobe Talbott, Alan Greenspan, Heads of Intergovernmental Panel on Climate Change, American Electric Power, ConocoPhillips, International Energy Agency, OPEC and Saudi Aramco, Plus 100 Other Executives & Policymakers Set for Feb. 11-18 Event in Houston CAMBRIDGE, Mass. -- With energy in uncharted waters--in terms of price, costs,...
- Research articles 2007-12-17
- Oil prices rebound as IEA, OPEC raise demand forecasts
- LONDON AFP — Oil prices fell on profit-taking Friday after a brief jump back above 93 dollars here on expectations of higher demand for crude in 2008. Both the International Energy Agency and OPEC on Friday raised their estimates for global oil demand next year. New York's main...
- Research articles 2007-12-14
- Oil output boost not on OPEC agenda: Qatar
- DOHA AFP — OPEC ministers will not discuss raising the oil cartel's production ceiling when they meet in Abu Dhabi on Wednesday, Qatari Energy Minister Abdullah al-Attiyah said on Saturday. When asked by AFP if an output increase was on the meeting's agenda, Attiyah said: "No." The head...
- Research articles 2007-12-01
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