Trends - International Energy Agency

International Energy Agency

IEA trims oil demand forecast on weakness in wealthier countries

LONDON: The International Energy Agency (IEA) trimmed its forecast for 2024 oil demand growth on Friday, citing...

Published 12 Apr, 2024 02:10pm

Business & Finance

IEA raises oil demand outlook again but still lags OPEC

LONDON: The International Energy Agency on Thursday raised its view on 2024 oil demand growth for a fourth time ...

Published 15 Mar, 2024 04:14am

World

Methane emissions from energy sector rose in 2023: IEA

PARIS: Planet-heating methane released by the fossil fuel industry rose to near record highs in 2023 despite...

Published 13 Mar, 2024 11:58am

Markets

Oil dips as questions remain around demand

LONDON: Oil prices fell on Tuesday, with an uncertain outlook for global demand knocking value off crude futures...

Updated 20 Feb, 2024 06:21pm

Markets

Oil slides 1% as weaker IEA demand outlook offsets rate cut hopes

LONDON: Oil fell by about 1% on Friday as slowing demand forecast by the International Energy Agency (IEA) offset...

Updated 16 Feb, 2024 07:13pm

Markets

IEA raises 2024 oil demand growth forecast again

LONDON: The International Energy Agency (IEA) made a further upward revision to its 2024 oil demand growth forecast...

Published 18 Jan, 2024 03:05pm

Markets

Oil prices rise on strong IEA and OPEC demand estimates

LONDON: Oil prices rose on Thursday as the IEA joined producer group OPEC in forecasting relatively strong growth in...

Updated 18 Jan, 2024 04:55pm

Markets

Oil rises as Middle East tensions offset economy concerns

LONDON: Oil rose around 1% on Wednesday in a second day of gains as Middle East supply concerns arising from the...

Updated 10 Jan, 2024 09:23pm

Markets

Global coal use at all-time high in 2023: IEA

PARIS: Global coal use is expected to reach a record high in 2023 as demand in emerging and developing economies...

Published 15 Dec, 2023 12:18pm

Markets

Palm extends gains on output concerns, falling stocks

MUMBAI: Malaysian palm oil futures extended gains on Friday, with market participants worried about a likely decline...

Published 15 Dec, 2023 11:03am

Markets

Oil firms face ‘moment of truth’ in climate crisis: IEA

PARIS: Oil and gas firms will face a crucial choice at UN climate talks next week between contributing to the ...

Published 24 Nov, 2023 05:29am

World

Fossil fuels in the crosshairs at pivotal COP28 talks

PARIS: World leaders will face a reckoning over humanity’s failure to curb climate-heating emissions and polluting...

Published 23 Nov, 2023 12:12pm

World

Oil market on edge over Middle East crisis, IEA’s Birol says

OSLO: The oil market is “on edge” over the latest crisis in the Middle East, the head of the International Energy...

Published 21 Nov, 2023 03:01pm

Markets

Bullish IEA, OPEC oil demand forecasts at odds with modest gains in Asia’s imports: Russell

LAUNCESTON: The International Energy Agency (IEA) and producer group OPEC are sticking to bullish forecasts for...

Published 16 Nov, 2023 10:36am

Markets

Oil dips on prospect of peak US production, despite strong demand signals

LONDON: Oil prices dipped on Wednesday amid signs the United States, the world’s biggest oil producer, is at peak...

Updated 15 Nov, 2023 03:56pm

Markets

IEA raises oil demand growth forecasts, despite economic gloom ahead

LONDON: The International Energy Agency (IEA) on Tuesday raised its oil demand growth forecasts for this year and...

Published 14 Nov, 2023 03:05pm

Markets

Oil climbs as IEA lifts demand growth forecast, US inflation cools

LONDON: Oil prices firmed on Tuesday after the International Energy Agency (IEA) raised its demand growth forecasts,...

Updated 14 Nov, 2023 08:39pm

World

India unlikely to join global cooling pledge at COP28

NEW DELHI/LONDON: India is unlikely to sign onto a global pledge to reduce cooling-related emissions at the COP 28...

Published 27 Oct, 2023 11:11am

Business & Finance

IEA says China oil demand key factor in energy transition

PARIS: The International Energy Agency executive director underlined Tuesday the importance of Chinese demand for...

Published 25 Oct, 2023 06:19am

Markets

OPEC sees oil demand growth continuing until 2045

PARIS: Despite mounting efforts to limit climate change, the OPEC oil cartel said Monday it expects demand for crude...

Published 09 Oct, 2023 01:50pm

Markets

Oil hits 2023 highs on tight supply outlook

LONDON: Oil rebounded on Thursday, with Brent crude topping $93 a barrel for the first time this year, as...

Updated 14 Sep, 2023 05:24pm

Markets

Fossil fuel demand to peak this decade: IEA chief tells FT

PARIS: World demand for oil, gas and coal is forecast to peak this decade for the first time as the use of cleaner...

Published 12 Sep, 2023 02:13pm

Markets

Oil prices spike on tight supplies and upbeat OPEC

LONDON: Oil prices jumped by about 1% on Tuesday, boosted by a tighter supply outlook and OPEC optimism over the...

Updated 12 Sep, 2023 08:22pm

IEA flags OPEC+ supply cuts

International Energy Agency says if OPEC+ current targets are maintained, oil inventories could draw by 2.2 million barrels per day (bpd) in the third quarter

Updated 12 Aug, 2023 09:53am

Markets

Global coal demand to stay near record in 2023: IEA

PARIS: Global coal consumption hit a record last year and is set to stay near those levels in 2023, the...

Published 27 Jul, 2023 08:05pm

Markets

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 15	278.43
USD PKR Interbank Buying / May 15	278.23
USD to Japanese Yen / May 15	154.15
USD to Swiss Franc / May 15	0.90
Pound Sterling to USD / May 15	1.27
Euro to USD / May 15	1.09

Stock	Volume
S&P 500 / May 15	5308.15
India Sensex / May 15	72987.03
Tokyo Nikkei / May 15	38630.19
Nasdaq / May 15	16742.39
Hang Seng / May 15	19161.63
FTSE 100 / May 15	8445.80
Dow Jones / May 15	39908
Germany DAX 30 / May 15	18869.36

Item	Value
Crude Oil USD/Barrel / May 15	78.99
Karachi Cotton PKR/37.32 KG / May 15	19935
Gold 10 Grams PKR / May 15	209191
Gold Spot USD/Ounce / May 15	2388.85
Cotton US¢/pound / May 15	76.16
Petrol/Litre / May 16	273.10

Gainers
Losers
Leaders

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

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

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

Markets →

Calculate your monthly liability in FY24

International Energy Agency

Most Popular