Saturday 21 January 2017
 
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IEA

Coal demand growth to stall as appetite wanes

Growth in global coal demand will stall over the next five years as the appetite for the fuel wanes and other energy sources gain ground, according to the latest coal forecast from

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Oil market could move into deficit in early 2017: IEA

If Opec sticks to its production target, assessed at 32.7 million barrels per day (mbpd), and non-Opec producers deliver the agreed cuts of 558,000 barrels per day outlined on December 10, then the market is likely to move into deficit in the fi

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LNG share of global gas market set to rise: IEA

The share of liquefied natural gas (LNG) in the global gas market is set to increase in the coming years, according to a new report from the International Energy Agency (IEA). In fact, LNG supplies have grown at a faster pace than

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National oil companies to retain investment dominance

National oil companies (NOCs) will continue to dominate upstream oil and gas investments if oil prices remain at current low levels, creating a new dynamic in the market, the head of the International Energy Agency (IEA) told Reuters.

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Oil plunges after IEA report adds to outlook gloom

Oil fell on Tuesday following a series of gloomy predictions on demand growth that pointed to the global overhang of unused inventories persisting for much longer than anticipated. The International Energy Agency (IEA) said a sharp slow

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Oil surplus to persist into first half of 2017: IEA

A sharp slowdown in global oil demand growth, coupled with ballooning inventories and rising supply means the crude market will be oversupplied at least through the first six months of 2017, the International Energy Agency said on Tuesday.

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Oil glut to ease by 2017, clean energy investment to rise: Birol

The International Energy Agency (IEA) expects oil markets to reach a balance between supply and demand in 2017 as the current oil glut slowly eases, IEA chief Fatih Birol said during meetings in South Korea.   Th

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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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