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A service for energy industry professionals · Wednesday, May 21, 2025 · 814,775,934 Articles · 3+ Million Readers
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OPEC & International Energy Agency News Monitoring

  • Published on 10:19 GMT

    Oil supply surge meets sluggish demand, shows IEA report

    Global oil markets appear set for a gear-shift as the twin engines of demand weaken just as supply races ahead. The International Energy Agency’s (IEA) May Oil Market Report foresees world oil demand growth sliding from a brisk 990 thousand barrels per day …

    Source: Down to Earth - Center-left
  • Published on May 20, 2025

    Finding Nemo, the IEA Discovers Its ‘Missing Barrels’

    By: HE Haitham Al Ghais, OPEC Secretary General May 20, 2025 Hour: 11:58 am The International Energy Agency’s (IEA) has again found its ‘missing barrels’. Although the term should be viewed as a misnomer. Barrels are never actually missing; it is just that …

    Source: teleSUR - Gov't Propaganda
  • Published on May 20, 2025

    Data centre power use expected to increase 20-fold in next five years

    The first data centres consumed as much power as 20,000 homes, but the largest today use the equivalent amount of power as 100,000 homes and are on track to burn up 5mn household’s worth of power by 2030 – the same amount of power that Japan consumes, the …

    Source: BNE Intellinews - Neutral
  • Published on May 19, 2025

    IEA sees further ‘rebalancing’ as oil demand weakens, OPEC+ opens taps

    The International Energy Agency on May 15 forecast jumps in global oil inventories in 2025 and 2026 in a “further rebalancing” of the market as trade uncertainty accelerates the decline in OECD oil demand, and Saudi Arabia and its partners ease production …

    Source: Hellenic Shipping News - Neutral
  • Published on May 20, 2025

    UAE stands out with a balanced budget amid regional deficits

    The UAE, showcasing its economic resilience and strategic diversification, stands out as the only GCC state projected to achieve a balanced budget as other member countries face fiscal challenges in 2025 due to oil production cuts.  While other GCC nations …

    Source: Khaleej Times - Gov't Propaganda
  • Published on May 20, 2025

    The ongoing oil price tensions

    Just when you had your surfeit of headlines screaming of blood and gore, come the drumbeats of a new conflict. However, in this new one, the belligerents do not swap bullets but barrels. Yet, this incipient conflict is shaping to be a “mother of all …

    Source: The Hindu - Center-left
  • Published on May 20, 2025

    Scott Bessent - Gasoline prices haven’t “collapsed” under Donald Trump, despite what Scott Bessent said

    During an interview on NBC’s "Meet the Press," moderator Kristen Welker asked Treasury Secretary Scott Bessent about the possibility of retailers such as Walmart raising prices because of the Trump administration’s tariffs. Bessent on May 18 …

    Source: Politifact - Neutral
  • Published on May 20, 2025

    Why are oil prices swinging wildly today?

    Dubai: Brent crude prices are swinging sharply again, and for good reason — a mix of geopolitical tension, uncertain demand, and confusing supply signals is making oil markets especially jittery. After climbing briefly on Tuesday, Brent turned lower again, …

    Source: Gulf News - Gov't Propaganda
  • Published on May 20, 2025

    India eyes cheap oil to refill strategic reserves amid geopolitical turmoil

    India’s existing SPR capacity stands at 5.3 million tonnes, enough to meet just 9.5 days of the country’s crude oil needs. But as of October 2024, only 3.6 million tonnes were stored in the underground caverns, leaving a significant gap. Officials said the …

    Source: Mint - Neutral
  • Published on May 20, 2025

    US shale to plateau if oil stays in current range, ConocoPhillips CEO says

    U.S. shale oil output will flatten out if prices remain where they are now and will start to decline with prices in the $50s per barrel, the CEO of ConocoPhillips said on Tuesday in the latest prediction that oil's slump could curb U.S. supply. The …

    Source: Zawya - Indeterminate
  • Published on May 16, 2025

    Oil demand growth set to slow for remainder of 2025: IEA

    Global oil demand growth is projected to decelerate from 990,000 barrels per day (bpd) in the first quarter of 2025 (Q1 2025) to 650,000bpd for the remainder of the year, according to a report by the International Energy Agency (IEA). The average annual …

    Source: Offshore Technology - Neutral
  • Published on May 20, 2025

    7 Energy Winners in a Market Going Nowhere

    Oil prices are stuck in a rut, with Brent hovering near $65 and WTI not far behind. The White House has dialed tariffs back—for now—but Washington’s 150-country trade warning last week has traders and executives bracing for more volatility. But still, a …

    Source: Oil Price - Neutral
  • Published on May 19, 2025

    The Commodity Markets Outlook in eight charts

    Commodity prices are projected to decline in 2025, driven by improved supplies, policy uncertainty, and an expected slowdown in global economic growth. Energy prices are expected to see the steepest drop, with the World Bank’s energy price index forecast …

    Source: Hellenic Shipping News - Neutral
  • Published on May 19, 2025

    India, China drag global oil demand growth as economic activity slows down

    IEA pointed out that global oil prices resumed their downward trajectory in late April and early May as trade tensions impacted financial and commodity markets and OPEC+ agreed to a further unwinding of production cuts Global oil consumption growth is …

    Source: The Hindu Business Line - Neutral
  • Published on May 19, 2025

    Brent crude slips below $65: These stocks may benefit investors

    Brent crude oil prices have dropped below $65 a barrel, raising fresh questions about the state of the global oil market and the potential impact on related stocks. On Monday, Brent futures for July delivery were trading at $64.98 a barrel, down 0.66%. …

    Source: India Today - Neutral
  • Published on May 19, 2025

    Commodities weekly: Gold retreats, procyclicals rise amid trade truce optimism

    Global financial markets responded very enthusiastically this past week to news that the US and China had agreed to a 90-day pause in their escalating trade war, for now reducing punitive tariffs that were beginning to hurt both economies, threatening a …

    Source: Hellenic Shipping News - Neutral
  • Published on May 19, 2025

    The evolutionary arc of global oil and why Pakistan’s needs to bend it

    Pakistan stands at a pivotal energy crossroads. With global momentum pushing toward a post-oil world by 2050[1], as envisioned under the International Energy Agency’s Net Zero 2050 mandate, the country has a narrowing window, of perhaps 25 years at most, …

    Source: Business Recorder - Neutral
  • Published on May 18, 2025

    Global oil supply and demand is the silent member at Legislature’s budget negotiation table

    As the Alaska Legislature approaches the final stretch of budget negotiations, global oil market dynamics cast a long shadow over fiscal deliberations. With just four days remaining in the session, the latest report from the International Energy Agency …

    Source: Must Read Alaska - Right-wing
  • Published on May 16, 2025

    Oil Rises as Iran Talks Stall

    Oil rose after Iran’s foreign minister downplayed prospects for a breakthrough in nuclear talks with the US, saying no formal proposal had been received. Brent advanced more than 1% to settle above $65, while West Texas Intermediate climbed to top $62. “ …

    Source: Rigzone - Neutral

05 days 11:09:00

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