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IEA: OPEC+ decision to cut oil supply has driven up prices and could push global economy into recession; actual supply losses will likely be around 1 million barrels/day and not 2 million barrels announced by OPEC+
Published: October 14, 2022 by Reuters
ING lowers Q3 and Q4 Brent oil price forecast to US$100/barrel and US$97/barrel, respectively, from US$118 and US$125, citing IEA estimates on Russian oil production; decline in output has been much more modest than many expected, despite sanctions
Published: August 19, 2022 by FinancialPress
IEA warns energy investments not enough to meet global climate targets; spending on clean energy to exceed US$1.4T in 2022, behind US$2.8T needed to meet current climate pledges by 2030, and further behind US$4T needed to reach net-zero emissions by 2050
Published: June 22, 2022 by FinancialPress
International Energy Agency member countries are releasing 60 million barrels of oil from emergency reserves in addition to previous US pledges; new commitments made amount to a total of 120 million barrels over six months, largest in the group's history
Published: April 08, 2022 by Associated Press

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