Trends - International Energy Agency

International Energy Agency

Firms sucking carbon from air see boost from ‘code red’ climate crisis

Companies that suck planet-heating emissions from thin air - a process often decried as too costly and little more...

Published 15 Sep, 2021 04:19am

Markets

Oil extends losses as Delta variant stalls demand recovery

Brent crude was down 49 cents, or 0.7%, at $70.82 a barrel by 0507 GMT, after dropping 13 cents in the previous session

Published 13 Aug, 2021 10:56am

Markets

Oil rises nearly 2pc as investors size up tight market

NEW YORK: Oil prices gained almost 2% on Tuesday after the International Energy Agency said the market should expect...

Published 14 Jul, 2021 03:59am

BR Research

Decrying decarbonization?

Back in 2015, the Paris Agreement aimed to address the climate change due to the possible rise in the temperatures ...

Published 28 May, 2021 07:40am

Business & Finance

Maritime shipping to fall short of net zero emissions target: IEA

Shipping aims to cut emissions by 50% by 2050.
But target seen missed.
Lack of alternative fuels, long ship lifespan cited.
Hydrogen, ammonia to be shipping's main low-carbon fuel.

Updated 20 May, 2021 05:24pm

World

Renewable energy powers ahead in 2020

PARIS: Renewable energy grew at its fastest rate in two decades, driven primarily by gains in China and wind power,...

Updated 12 May, 2021 10:26am

Business & Finance

Global EV sales accelerating, but government help needed: IEA

"We still see no sign of a slowdown in global electric car markets," said Timur Gül, head of the IEA's energy technology policy division, in a presentation on the global outlook for EVs.
First quarter global EV sales soared 140% to 1.1 million vehicles, with strong growth in China, Europe and the United States, the IEA said.

Published 29 Apr, 2021 06:22pm

Markets

Oil surges to fresh 4-week highs

• IEA and OPEC boost global oil demand growth forecasts for 2021 NEW YORK: Oil prices edged up to fresh four-week...

Published 16 Apr, 2021 03:40am

Markets

Canadian dollar strengthens as oil surges nearly 5%

Fed officials have said that brighter economic forecasts and a brief period of higher inflation will not affect monetary policy, and the central bank will keep its support in place until the crisis is over.

Published 15 Apr, 2021 11:23am

Markets

Gasoline demand may never recover from pandemic, says IEA

In last year's five-year outlook before the COVID-19 pandemic's full force was felt in Western countries, the IEA said that gasoline demand was approaching a plateau and kept its demand outlook figure steady from 2024 to 2025.
Global gasoline consumption is unlikely to ever return to its 2019 level.

Published 17 Mar, 2021 08:40pm

Markets

Oil demand drag takes toll on tankers, US refiners

The International Energy Agency, for example, does not expect oil demand to catch up with supply until about the third quarter.
US bookings for tankers hired on longer-term contracts, known as time charters, have dropped in recent weeks, as this usually means paying for longer hire costs, the sources said.

Published 16 Mar, 2021 07:52pm

World

CO2 pollution returns, climate goals at risk: IEA

PARIS: Global CO2 emissions have returned to pre-pandemic levels and then some, threatening to put climate treaty...

Updated 03 Mar, 2021 09:37am

Markets

Oil moves up on US stimulus hopes but demand fears persist

• Brent, US crude on track for weekly gains NEW YORK: Oil prices edged higher on Friday, buoyed by hopes for a US...

Published 13 Feb, 2021 04:11am

Markets

Oil extends losses after gloomier outlooks from OPEC, IEA

US crude inventories dropped unexpectedly last week, declining by more than 6 million barrels as refiners increased output to pre-pandemic levels, according to the Energy Information Administration.

Updated 12 Feb, 2021 11:49pm

Markets

Global fuel prices jump as Asia, US to rev up demand in Q2

European refining margins are still lower than a year ago, but rising prices and narrowing price spreads between gasoil futures delivery months indicates a tightening market, analysts said.

Published 12 Feb, 2021 10:26am

Markets

IEA launches global group to tackle fallout from energy transition

The commission, chaired by Denmark, will include energy ministers from Canada, Norway, Mexico and Oman.
We believe the real success of this transition is critically hinging on whether or not citizens will benefit from the opportunities and how we navigate the disruptions of clean energy transitions.

Published 26 Jan, 2021 08:59pm

Business & Finance

Elon Musk to offer $100mn prize for 'best' carbon capture tech

Musk, who co-founded and sold Internet payments company PayPal Holdings Inc, now leads some of the most futuristic companies in the world.

Published 22 Jan, 2021 10:50am

Markets

Oil rise on hopes of US stimulus and crude stocks drawdown

Germany on Tuesday extended a lockdown for most shops and schools for another two weeks, to Feb. 14.

Published 20 Jan, 2021 11:02am

Markets

Oil prices dip on virus worries; US stock draw, China data check losses

A hefty COVID-19 relief package, which US President-elect Joe Biden is due to unveil on Thursday, also kept losses in check.

Published 14 Jan, 2021 10:25am

Markets

IEA says oil market outlook clouded by vaccine roll-out variables

Producers are grappling with huge uncertainty about where this goes from here.
"That's not just in terms of economic recovery but indicators we wouldn't necessarily normally be looking at: (such as the) levels of trust in different countries about vaccines."

Published 13 Jan, 2021 06:28pm

Markets

China's 2020 crude oil production to reach 3.87mn bpd

Natural gas production in China is meanwhile set to exceed 186 billion cubic meters this year, Zhang was cited as saying at an energy work conference, up at least 7.1% from 2019.

Published 23 Dec, 2020 10:14am

Markets

Oil prices rise on vaccine optimism and weaker dollar

Brent crude futures rose 25 cents, or 0.5pc, to $51.01 a barrel by 1017 GMT. U.S. West Texas Intermediate (WTI) crude futures were up 21 cents, or 0.4pc, at $47.83.

Published 16 Dec, 2020 04:47pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

International Energy Agency

Most Popular