Oil prices rise on bargain hunting as demand worries weigh LONDON: Oil prices rose on Tuesday on apparent bargain hunting, recovering some ground from the previous day’s... Updated 13 Jun, 2023 07:24pm
Markets Oil steady as US default risk offsets demand outlook LONDON: Oil prices were steady on Monday as caution relating to US debt ceiling talks dragged on optimism over... Updated 22 May, 2023 02:57pm
Markets Oil supply won't be affected by stricter price cap enforcement: IEA HIROSHIMA: The International Energy Agency (IEA) does not expect moves by the Group of Seven nations to counter the... Published 21 May, 2023 11:01am
Markets Global gas markets rebalancing, to remain tight in 2023: IEA LONDON: Global gas markets are gradually rebalancing but are expected to remain tight in 2023 amid lower Russian... Published 04 May, 2023 10:35am
Markets Demand for electric cars ‘booming’: IEA PARIS: Sales of electric vehicles are booming and are expected to account for nearly one in five cars sold this... Published 26 Apr, 2023 10:26am
Markets Oil slips on economy worries, despite upbeat China data LONDON: Oil fell for a second day on Tuesday as upbeat Chinese economic data failed to deflect the focus from a... Updated 18 Apr, 2023 05:24pm
World 'No other option': Russia's unequal economic marriage with China MOSCOW: Russia has found itself in an unequal relationship with China since intensifying its pivot toward Beijing... Updated 19 Mar, 2023 12:19pm
World Energy firms not doing enough to cut methane: IEA PARIS: Oil and gas companies are not doing enough to cut methane emissions the International Energy Agency (IEA)... Published 21 Feb, 2023 12:48pm
Print IEA warns of tighter energy supply next winter BERLIN: International Energy Agency (IEA) head Fatih Birol has warned of possible energy shortages next winter as... Updated 20 Feb, 2023 08:52am
Markets Oil heads for weekly loss on rate hike worries, ample supply LONDON: Oil fell about 2% on Friday and was heading for a weekly decline, pressured by concerns of more US Federal... Updated 17 Feb, 2023 03:18pm
World EU unveils plan to counter US green subsidies, China competition BRUSSELS: The EU on Wednesday unveiled proposals to counter the threat to European industry from US green subsidies... Updated 01 Feb, 2023 06:19pm
World Davos 2023: IEA’s Birol expects tighter energy markets in 2023 DAVOS: International Energy Agency (IEA) head Fatih Birol said on Thursday that energy markets could be tighter in... Published 19 Jan, 2023 02:28pm
Markets Oil near 2023 highs on Chinese demand recovery expectations LONDON: Oil prices held near this year’s highs on Monday as easing COVID restrictions in China raised expectations... Updated 16 Jan, 2023 04:50pm
Print Europe can do without Russian gas: IEA PARIS: Europe faces a major shortfall of natural gas in 2023 if Russia completely cuts off deliveries but has... Published 13 Dec, 2022 05:58am
Opinion Pakistan: renewable power only solution The International Energy Agency has come up with a highly positive news. According to it, the energy crisis is... Published 08 Dec, 2022 06:38am
Markets Energy efficiency rate accelerates amid high prices: IEA COPENHAGEN: Global progress toward energy efficiency has accelerated this year as a result of high energy prices and... Published 02 Dec, 2022 12:16pm
Markets Oil prices steady after attack on oil tanker off Oman coast LONDON: Oil prices steadied on Wednesday, as geopolitical tensions following an attack on an oil tanker off the... Updated 16 Nov, 2022 06:39pm
World India at 75: Melting glaciers, heatwaves and climate crisis GAUMUKH: From prime ministers and millionaires to labourers and ascetics, Hindu faithful dream of trekking at least... Published 10 Nov, 2022 11:19am
Markets IEA sees global emissions peaking in 2025 PARIS: The International Energy Agency said Wednesday it believes global emissions will peak in 2025 as surging... Published 27 Oct, 2022 10:42am
Markets World is in its ‘first truly global energy crisis’: IEA’s Birol SINGAPORE: Tightening markets for liquefied natural gas (LNG) worldwide and major oil producers cutting supply have... Published 25 Oct, 2022 10:58am
Markets Most Gulf markets bounce on oil demand growth outlook DUBAI: Most major Gulf markets rebounded on Thursday as investors appeared to look beyond the inflation-fuelled... Published 16 Sep, 2022 06:04am
Markets Oil falls $2 on demand concerns but set for weekly gain LONDON: Oil prices fell on Friday, depressed by recession fears clouding the demand outlook, but remained on track... Updated 12 Aug, 2022 07:33pm
Markets Gasoil margins rise SINGAPORE: Asia’s refining margins for 10 ppm gasoil rose on Thursday, amid a muted trading window, after stocks ... Published 12 Aug, 2022 05:44am
Markets Global nuclear power capacity needs to double by 2050: IEA LONDON: Global nuclear power capacity needs to double by mid-century to reach net-zero emissions targets and help... Published 30 Jun, 2022 02:07pm
Markets Russian oil and fuel revenue up even as exports fall: IEA LONDON: Higher crude oil and fuel prices allowed Russian revenues to climb in May despite its export volumes... Published 15 Jun, 2022 05:33pm
Markets Despite high gas prices, US refiners strain to meet summer demand NEW YORK: Only time will tell how much record US prices at the pump will dent driving demand this summer, but don’t... Published 29 May, 2022 10:34am
Markets US strategic oil sale speeds fuel-price fix, but at what cost? The Biden administration is selling a record amount of emergency oil from national reserves to tame soaring US fuel... Published 11 Apr, 2022 11:16am
Markets Oil drops below $100 on reserves release and China lockdowns LONDON: Oil prices dropped by $4 a barrel on Monday, with Brent crude tumbling below $100 on plans to release record... Updated 11 Apr, 2022 05:04pm
Markets IEA details plan to release 120mn barrels of oil over 6 months to cool prices The International Energy Agency (IEA) on Thursday listed members' contributions to a 120-million-barrel release of... Published 08 Apr, 2022 11:39am
Markets Oil rises from 3-week low as supply concerns linger LONDON: Oil prices rose on Thursday from a three-week low touched in the previous session after consuming nations... Updated 07 Apr, 2022 07:22pm
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost