India to be largest global oil demand growth driver through 2030 -IEAThe world's third-largest oil importer and consumer is on track to post an oil demand increase of almost 1.2 million barrels per day (bpd),...
07 Feb, 2024, 04.09 PM IST
Coal's peak is here but it's not going away soonTotal consumption of coal will reach a record high of more than 8.5 billion metric tons this year, and then start a long, slow decline, acc...
15 Dec, 2023, 11.20 PM IST
Global coal demand expected to decline in coming years: IEAAt the annual UN climate conference in Dubai, nearly 200 countries clinched a breakthrough deal which calls for the world transition away f...
15 Dec, 2023, 07.32 PM IST
Global coal demand expected to decline in coming years: IEAThe projected decline in global demand for coal - which is currently the largest energy source for electricity generation, steelmaking and ...
15 Dec, 2023, 05.18 PM IST
Asia set to use half of world's electricity by 2025: International Energy AgencyMuch of Asia's electricity use will be in China, a nation of 1.4 billion people whose share of global consumption will rise from a quarter ...
08 Feb, 2023, 12.59 PM IST
Global coal consumption to reach all-time high this year - IEAHigh gas prices following Russia's invasion of Ukraine and consequent disruptions to supply have led some countries to turn to relatively c...
16 Dec, 2022, 01.03 PM IST
A harsh winter for Europe, a test of resilience for Indian economyThe International Energy Agency (IEA), in its latest report, said that the market tightness is expected to continue well into 2023 on the b...
04 Oct, 2022, 07.33 PM IST
Europe must lower winter gas consumption: IEAPrices have exploded over recent months with a slump in Russian provision -- Moscow's riposte to sanctions imposed for invading Ukraine -- ...
03 Oct, 2022, 05.44 PM IST
India’s natural gas consumption to rise 4.5% in 2021: IEABy 2024, the global gas demand is forecast to be up 7% from 2019’s pre-Covid levels, according to the IEA’s latest report. Global demand dr...
05 Jul, 2021, 07.09 PM IST
Global coal demand to rise 2.6% in 2021 after record decline this year: IEA"Before the pandemic, we expected a small rebound in coal demand in 2020, but we have since witnessed the largest drop in coal consumption ...
18 Dec, 2020, 12.18 PM IST
Oil falls after Saudi cuts prices, China slows importsBrent crude was trading at $42.03 a barrel, down 63 cents or 1.5%, by 1555 GMT, after earlier sliding to $41.51, its lowest since July 30.
07 Sep, 2020, 10.19 PM IST
IEA sees oil market stuck between no major slowdown but stalled recoveryThe IEA cut its 2020 oil demand forecast in its monthly report on Aug. 13, warning that reduced air travel would lower global oil demand by...
07 Sep, 2020, 01.39 PM IST
Asia is set to support global coal demand for the next 5 years: IEAAccording to IEA, the weakness in coal demand this year results mainly from coal-fired electricity generation, which is set to experience i...
17 Dec, 2019, 06.15 PM IST
Saudi assures India to meet all oil supply commitmentsPradhan spoke to his Saudi counterpart on phone to discuss its supply plan in the aftermath of a massive attack on the Kingdom's crude oil ...
20 Sep, 2019, 02.44 PM IST
Biggest oil traders see another year of pain as glut persistsOil prices are likely to stay around current levels "for the next two years,” said Christoph Ruehl, chief economist at the $800 billion Abu...
08 Sep, 2016, 11.33 AM IST