International Energy Agency sees low oil prices until 2020

Oil prices have bottomed out, are down more than 50 percent since the middle of last year.

India moving to centre stage of global energy system: IEA
India moving to centre stage of global energy system: IEA

International Energy Agency (IEA) Executive Director Fatih Birol said the organisation would like to see India and China join the grouping during its meet in Paris on November 17-18.

Oil prices could rise from mid-2016 on falling supply: IEA

At a time of uncertainty created by the precipitous fall in oil prices and oversupply, the International Energy Agency (IEA) said on Monday that prices could go up from mid-2016 with supplies tightening due to a drop in investment and falling US output.

Need $13.5 trn for full implementation of climate pledges: IEA
Need $13.5 trn for full implementation of climate pledges: IEA

The energy industry needs a strong and clear signal from the Paris Climate Summit, the IEA has said.

Need to make renewable energy system more sustainable: IEA
Need to make renewable energy system more sustainable: IEA

Countries have to work towards making their renewable energy system more secure and sustainable, even as their governments need to remove this concern that clean energy sources cannot achieve full potential, says an International Energy Agency (IEA) report.

IEA warns of 4.3C temperature jump from climate change

The International Energy Agency on Monday warned temperatures could jump by as much as 4.3 degrees Celsius by the end of the century and urged countries to improve their pledges on reducing emissions.

IEA says oil supply boost may defer market tightening

The agency raised its forecast for global oil demand growth in 2015 for a second consecutive month, citing strong pockets of consumption in Europe, India and the United States.

IEA keen to make India its full-time member

The International Energy Agency (IEA) is keen that India becomes a full-time member of the Paris-based agency that advises governments of 29 developed nations.

US oil price hits six-year low

New York oil prices sank to a six-year low on Monday, falling below $44 per barrel as the market was plagued by plentiful supplies and the strong dollar.

Rebound in oil prices built on flimsy foundations: IEA

A recent rebound in oil prices is built on flimsy foundations, the International Energy Agency warned Friday, with another sharp fall possible and few signs that cheap fuel was giving growth a real boost.

Oil prices drop as IEA predicts weak rebound

US benchmark West Texas Intermediate (WTI) for March delivery slipped 70 cents to $52.16 a barrel compared with Monday`s close.

Oil price fall a "golden" chance to shift to clean energy: IEA

World leaders have a "golden opportunity" with plunging oil prices to put a price on carbon emissions since cheaper fuel makes the move less risky politically, the International Energy Agency (IEA) said on Tuesday.

Oil price slide tests unconventional oil producers - IEA

Falling crude prices are an unprecedented test for producers of unconventional oil and a golden opportunity for governments to phase out costly subsidies, the head of the International Energy Agency (IEA) said on Monday.

Oil prices likely to fall further: IEA

The International Energy Agency (IEA) is maintaining its forecast of a weak increase in global oil demand this year, pointing out that the demand might increase slightly in 2015.

G20 mulls overhaul of global energy market: Report

An overhaul of the global energy market could be a surprise outcome of the G20 summit with plans for a new agency to protect against oil and gas supplies being used as foreign policy tools, a report said Saturday.

IEA cuts oil demand outlook on weak global growth

Falling oil prices could soon be matched by a slowing of supplies, the IEA warned Tuesday, lowering again its demand outlook because of weak growth of the global economy.

Oil prices down in Asia after IEA demand downgrade

Oil prices fell in Asia on Friday after the International Energy Agency slashed its forecast for world crude demand this year and as dealers await key US economic data, analysts said.

IEA cuts oil demand outlook on weaker growth in Europe, China

The growth in demand for oil this year and next will be markedly lower than expected, the IEA said.

Expensive capital keeps renewable costs high in India: IEA

India's diverse set of targets and financial incentives support growth of renewable energy generation even as expensive capital keeps renewable costs high, Paris-based International Energy Agency said Wednesday.

Oil hits fresh 13-month low after IEA slashes demand forecast

US benchmark West Texas Intermediate for September fell 19 cents to $97.18 in mid-morning Asian trade.