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Latest OPEC & International Energy Agency News

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  • Oil demand to outpace supply in 2010 26 Nov 2009 00:55 GMT
    ... the rise in production from outside the Organization of the Petroleum Exporting Countries and output of natural gas liquids (NGLs) from OPEC members is seen growing by just 800,000 ... bpd. At the end of September, the International Energy Agency assessed oil stocks in the ...

  • Oil Scene: Uncertainty haunts the energy world 22 Nov 2009 00:53 GMT
    ... projecting their long-term incomes and expenses. OPEC (Organization of the Petroleum Exporting Countries) oil producers could lose $4 trillion in ... a deal on global warming curbs, the International Energy Agency projected earlier. “With current policies in place, ... if there is no climate change deal,” IEA Chief Economist Fatih Birol said. “If there ...

  • World oil demand growth to outpace supply in 2010 24 Nov 2009 12:54 GMT
    ... the rise in production from outside the Organization of the Petroleum Exporting Countries and output of natural gas liquids (NGLs) from Opec members is seen growing by just 800,000 ... bpd. At the end of September, the International Energy Agency assessed oil stocks in the ...

  • POLL - World oil demand growth to outpace supply in 2010 24 Nov 2009 13:51 GMT
    ... the rise in production from outside the Organization of the Petroleum Exporting Countries and output of natural gas liquids (NGLs) from OPEC members is seen growing by just 800,000 ... bpd. At the end of September, the International Energy Agency assessed oil stocks in the ...

  • World oil demand growth to outpace supply in 2010: poll 24 Nov 2009 13:00 GMT
    ... the rise in production from outside the Organization of the Petroleum Exporting Countries and output of natural gas liquids (NGLs) from OPEC members is seen growing by just 800,000 ... bpd. At the end of September, the International Energy Agency assessed oil stocks in the ...

  • HIgh oil price would hurt rebound - IEA 24 Nov 2009 02:34 GMT
    ... Oil prices would threaten a rebound in the global economy if they rise beyond current levels, ... curb nascent economic recovery. Oil producing group OPEC meet in December to decide on a ...

  • Rising oil price would hurt economic rebound - IEA 23 Nov 2009 22:15 GMT
    ... Oil prices would threaten a rebound in the global if they rise beyond current levels, the ... curb nascent economic recovery. Oil producing group OPEC meet in December to decide on a ...

  • World Oil Production Forecast - Update November 2009 23 Nov 2009 19:03 GMT
    ... from the are shown for comparison. The IEA 2009 forecast has dropped significantly lower than the 2008 forecast. The IEA 2009 ... US Energy Information Administration (EIA) and the International Energy Agency (IEA) should make official statements about declining ... is expected to decline further as non OPEC annual oil production and is forecast to ...

  • 450 + 147 22 Nov 2009 04:40 GMT
    ... annual report on Tuesday in Copenhagen, the International Energy Agency (IEA) came up with a mathematical equation – 450 + 147 – that explains the relationship ... least. Even with a 450 ppm scenario, Opec members are expected to be turning out ...

  • VLCCF - Third Quarter 2009 and Nine Months Results 24 Nov 2009 10:54 GMT
    ... are approximately $465/mt according to Platt's. The International Energy Agency ("IEA") reported in October 2009 an average OPEC oil production, including Iraq, of 28.83 million ... to take place on December 22, 2009. IEA estimates that world oil demand averaged 84.62 million barrels per day in the third ...

  • Palinology: A Dinosaur Energy Policy 24 Nov 2009 23:50 GMT
    ... would drag up from the wilderness, the OPEC gang would respond, as they have done ... take only their word for it. The International Energy Agency (IEA), which includes the world's foremost experts on energy supply and economics, provides more ...

  • Commentary: Moving Beyond Denial'¦Two Steps Forward and One Step Back 23 Nov 2009 15:16 GMT
    ... is a lot of excess capacity within OPEC today, and it’s going to take years ... are the whistleblowers who claimed that the International Energy Agency has been manipulating its long-term oil supply ... claims were verified by others, accuse the IEA of publishing fairy tales, not realistic scenarios. Of course, the entrenched leader of the ...

  • Oil prices moving between USD 75 to 80 "normal" - experts 24 Nov 2009 07:53 GMT
    ... economic recovery grows, projected demand on oil in 2010 has been upped by the International Energy Agency (IEA) by 150,000 barrels per day (bpd) to 1.4 million bpd, an annual climb of 1.7 percent. Meanwhile, OPEC and the International Center for Energy Studies project a growth of 700,000 and 800,000 ...

  • The Case Against An Energy Comeback 24 Nov 2009 19:15 GMT
    ... in global energy demand through 2030. The International Energy Agency forecasts the global oil demand will increase by 1.3 million barrels ... Jacazio of Barclays. Saudi Arabia and other OPEC nations have added about 5 million barrels ...

  • ODAC Newsletter - Nov 20 20 Nov 2009 11:19 GMT
    ... Welcome to the ODAC Newsletter, a weekly roundup from the Oil Depletion ... price with the dollar the stronger driver. OPEC is due to meet again in December ... will remain unchanged. A week after the IEA was reportedly accused by whistleblowers of underplaying future oil supply constraints, (IHS/CERA) have released ...


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