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Showing 11 - 20 of 32 results for %22IEA%22

Chief economist update: Coronavirus infects oil market

BENJAMIN ONG  |  TUESDAY, 4 FEB 2020
... Brent oil gained 34%. This is not surprising given the outlook for demand and supply. The International Energy Agency's (IEA) forecast global oil demand to grow by 1.2 mb/d in 2020 from 1.0 mb/d in 2019. At the same time, as agreed upon on 6 December ...

Chief economist update: The rise and fall of oil

BENJAMIN ONG  |  THURSDAY, 9 JAN 2020
... probabilities points to continued oil price gains in 2020. In its latest Oil Market Report, the International Energy Agency (IEA) forecast "global oil demand forecasts unchanged at 1 mb/d in 2019 and 1.2 mb/d in 2020". The improving global economic growth ...

Chief economist update: Oil's well that ends 2019 well

BENJAMIN ONG  |  WEDNESDAY, 18 DEC 2019
... around 500 kb/d (kilo barrels per day) to 2.1 mb/d. However, in its latest Oil Market Report, the International Energy Agency (IEA) notes that: "If all the countries comply with their new allocations and Saudi Arabia delivers the rest of its voluntary ...

Chief economist update: Oil to slide into 2020

BENJAMIN ONG  |  THURSDAY, 24 OCT 2019
... as they have promised". But even with deeper cuts and 100% compliance from all involved, the International Energy Agency (IEA) predicts increased supply in 2020 "when non-OPEC supply growth, led by the US, Brazil and Norway, accelerates from 1.8 mb/d ...

Chief economist update: Plenty of oil

BENJAMIN ONG  |  WEDNESDAY, 18 SEP 2019
... overtaken Saudi Arabia as the world's top oil exporter earlier this year, according to the International Energy Agency (IEA). The US could release more oil into the market. POTUS tweeted so: "I have authorised the release of oil from the Strategic ...

Chief economist update: The bad oil

BENJAMIN ONG  |  FRIDAY, 12 APR 2019
... tightened further in May) and the supply disruption caused by the tensions in Libya. But as the International Energy Agency (IEA) notes, "The oil market shows signs of tightening as we move into 2Q19, but we see mixed signals in terms of the outlook ...

Chief economist update: Crude oil to the rescue

BENJAMIN ONG  |  THURSDAY, 17 JAN 2019
... last year, where they agreed to cut production by 1.2 million barrels per day. According to the International Energy Agency (IEA), this is because "the United States... is now the world's biggest crude oil producer" - surpassing Saudi Arabia and ...

OPEC is not to blame

BENJAMIN ONG  |  TUESDAY, 25 SEP 2018
... threats of sanctions on countries importing Iranian oil). In its Oil Market Report for August, the International Energy Agency (IEA) did not attribute rising oil prices to OPEC: "Global supply in August reached a record 100 mb/d as higher output from ...

New S&P indices factor in future carbon price risks

KANIKA SOOD  |  WEDNESDAY, 18 JUL 2018
S&P Dow Jones has launched 12 new indices that will adjust valuations of companies included in some of its established indices, to account for the future impact of carbon prices on stock prices. The S&P carbon price risk adjusted indices will be constructed ...

Chief economist update: Crude oil slips

BENJAMIN ONG  |  TUESDAY, 17 JUL 2018
... in crude oil, prices remain in line with current supply and demand fundamentals. If the International Energy Agency's (IEA) forecasts for world oil demand and world oil supply prove accurate, crude oil prices should remain at their current levels ...