IEA countries to tap 60mn barrels of oil on top of US release WASHINGTONG: Member countries of the International Energy Agency besides the United States have agreed to release 60... Published 06 Apr, 2022 09:35pm
Markets Oil steadies as coronavirus worries offset more Russia sanctions NEW YORK: Oil prices steadied in volatile trade on Tuesday as growing worries about coronavirus demand destruction... Updated 05 Apr, 2022 09:02pm
Markets IEA to hold emergency meeting to tackle soaring oil prices TOKYO: The International Energy Agency will hold an emergency meeting on Friday among consuming nations to discuss a... Published 01 Apr, 2022 09:50am
Opinion US and allies may find tapping stockpiles inadequate to plug Russian oil gap Top oil consuming nations may find that one of their main tools to fight high global oil prices – the release of... Published 01 Apr, 2022 05:41am
Markets United States weighs largest ever draw from emergency oil reserve WASHINGTON: The Biden administration is considering releasing up to 180 million barrels of oil over several months... Published 31 Mar, 2022 11:53am
Markets Most Gulf bourses rise tracking oil prices; financials boost Saudi DUBAI: Most stock markets in the Gulf ended higher on Wednesday, as oil prices jumped after the International Energy... Published 18 Mar, 2022 05:20am
Markets Asia naphtha crack slips NEW DELHI: Asia’s naphtha eased to $217.55 a tonne on Tuesday as crude oil benchmarks see-sawed over talks of a... Published 09 Mar, 2022 06:44am
Markets Biden says US will contribute half of 60mn emergency oil barrel release WASHINGTON: The United States will contribute half of the 60 million barrels of oil International Energy Agency ... Published 02 Mar, 2022 10:29am
Markets Oil rockets to $113, gas hits record on Ukraine conflict LONDON: Oil prices soared Wednesday above $113 per barrel and natural gas spiked to a record peak, as investors... Updated 02 Mar, 2022 07:37pm
Markets Energy sector methane emissions 70% higher than official figures: IEA LONDON: Emissions of the potent greenhouse gas methane coming from the global energy sector are 70% higher than... Published 23 Feb, 2022 05:52pm
Markets Saudi Arabia and UAE could ease oil market volatility, IEA says LONDON: Saudi Arabia and the United Arab Emirates (UAE) could help to calm oil markets if they pumped more crude, ... Published 11 Feb, 2022 07:09pm
Markets Oil prices gain after IEA says market tight LONDON: Oil prices rose on Friday after the International Energy Agency (IEA) said oil markets were tight, but were... Published 11 Feb, 2022 04:11pm
Markets OPEC+ faces 'chronic' struggle to meet output target: IEA PARIS: The International Energy Agency on Friday raised its forecast for world oil demand in 2022 but warned of a... Published 11 Feb, 2022 03:48pm
Markets High gas prices to hit demand in 2022: IEA PARIS: Demand for natural gas is expected to fall sharply in Europe and slow in Asia this year as prices have... Published 01 Feb, 2022 04:07am
Markets European gas demand seen falling this year due to cheaper coal: IEA LONDON: European gas demand is expected to decline this year as continued high prices make coal more competitive for... Published 31 Jan, 2022 10:37am
Markets Oil market faces rocky road as shock absorbers wear thin LONDON: An increase in oil output by producer nations cashing in on expensive crude has depleted the cushion of ... Published 27 Jan, 2022 04:05am
BR Research Global electricity demand upswing 2021 was an exceptional year globally in many ways, and one of them is the sky-rocketing commodity prices and hence... Published 21 Jan, 2022 06:46am
Markets IEA warns of potential volatile year for oil market PARIS: The oil market could face another volatile year but demand is surging higher as the sector has weathered the... Published 19 Jan, 2022 05:57pm
Markets World risks more years of high energy prices, emissions: IEA PARIS: The world faces more years of high energy prices and emissions unless the electricity sector changes faster... Published 14 Jan, 2022 05:56pm
BR Research Oil price: Bulls are staying! As international crude oil prices hit a 2-month high earlier this week, hopes of a likely respite are fading fast.... Published 14 Jan, 2022 07:58am
Markets Omicron impact aside, oil supply set to top demand: IEA LONDON: A surge in COVID-19 cases and the emergence of the Omicron variant will dent global demand for oil, the... Published 14 Dec, 2021 02:28pm
BR Research Climate getting coal feet Net-zero carbon has many advocates in theory, but the commitment to objectively achieve that globally is missing all... Published 08 Dec, 2021 07:55am
Markets Global jet fuel demand under pressure from Omicron, border curbs SINGAPORE: Global jet fuel markets stayed under pressure on Tuesday as more countries expanded border restrictions ... Updated 30 Nov, 2021 03:10pm
Markets Major Gulf bourses mixed in early trade Major stock markets in the Gulf were mixed in early trade on Sunday, with the Saudi index on track to end a four-day... Updated 31 Oct, 2021 02:20pm
Markets Planned fossil fuel output shatters 1.5C climate target: UN PARIS: The world's nations are currently planning to produce more than double the amount of coal, oil and gas... Published 20 Oct, 2021 09:23am
Markets Asian jet fuel margins climb near 21-month highs as govts lift border curbs SINGAPORE: Asian refining margins for jet fuel have climbed in October to their highest levels since January 2020 as... Published 15 Oct, 2021 01:57pm
BR Research Crude oil: No respite The talks of $100/bbl are back in the mix. The Russian President Putin raised more speculation as he did not rule ... Published 15 Oct, 2021 07:35am
World IEA chief pleads for 'real global action' on climate PARIS: As head of the organisation that advises countries on energy policy, Fatih Birol has a blunt message to... Published 12 Oct, 2021 04:44am
Print Hydrogen needs $1.2trn for zero emissions goal: IEA PARIS: Governments must step up investment in low-carbon hydrogen to unlock its potential and help the world achieve... Updated 05 Oct, 2021 09:39am
Markets States must raise hydrogen investment to help reach net zero: IEA PARIS: Governments need to step up investment in hydrogen production and storage chains to help cut net emissions to... Published 04 Oct, 2021 11:09am
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