Thursday 25 August 2016
 
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IEA

IEA sees oil markets slowly tightening after months of oversupply

Oil markets will begin to tighten in the second half of 2016 but at a slow pace as global demand growth declines and non-Opec supplies rebound, the International Energy Agency (IEA) said on Thursday.   The IEA, i

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Oil steadies as IEA sees balanced market ahead

Oil prices steadied on Thursday after the International Energy Agency forecast crude markets would rebalance in the next few months following several years of heavy overproduction. The IEA, which advises large developed economies

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Huge stocks overhang threatens oil price recovery: IEA

The global glut in oil is refusing to ease and acts as a major dampener on crude prices despite robust demand growth and steep declines in non-Opec production, the International Energy Agency said.   The IEA, whi

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Air pollution fourth largest killer: IEA

Premature deaths from air pollution will continue to rise to 2040 unless changes are made to the way the world uses and produces energy, the International Energy Agency said on Monday. Around 6.5 million deaths globally are attrib

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IEA sees oil market balance in H2, stock build next year

The oil market is now in balance thanks to unplanned outages and robust demand, particularly from emerging economies, but this equilibrium will tilt into surplus again early next year, the International Energy Agency said on Tuesday.

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Oil near 6-month high as IEA sees tighter supply

Oil prices rose toward six-month highs on Thursday, supported by data from the International Energy Agency (IEA) showing tightening supply in addition to a surprise drop in US crude inventories. Brent crude futures LCOc1 were trad

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Oil near 6-month high as IEA sees tighter supply

Oil prices rose toward six-month highs on Thursday, supported by data from the International Energy Agency (IEA) showing tightening supply in addition to a surprise drop in US crude inventories. Brent crude futures LCOc1 were trad

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Oil price bottoming depends on global growth: IEA

International Energy Agency (IEA) chief Fatih Birol said on Sunday that oil prices may have bottomed out, providing that the health of the global economy does not pose a concern. Oil prices hit 2016 highs on Friday with Brent crud

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Oil market, prices to return to balance by 2017: IEA

International Energy Agency (IEA) chief Fatih Birol said he expects the oil market to come back into balance from oversupply by next year, providing there is no major economic downturn.   Birol said low oil price

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IEA sees biggest non-Opec output fall in 25 years

Crude prices firmed on Thursday after the International Energy Agency (IEA) said 2016 would see the biggest fall in non-Opec production in a generation, helping to rebalance a market dogged by oversupply. IEA chief Fatih Birol sai

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