The International Energy Agency (IEA)

  • IEA Raises Projections for Oil Demand

    IEA Raises Projections for Oil Demand

    Wednesday, 13th September 2017

    The International Energy Agency (IEA) increased its growth estimate for global oil demand in 2017 to 1.6 million barrels per day (b/d) from 1.5 million b/d.

  • OPEC Produced 33.64mb/d of Crude in September

    OPEC Produced 33.64mb/d of Crude in September

    Tuesday, 18th October 2016
    Crude oil output in OPEC reached a new record of 33.64mb/d during September, causing crude oil prices to drop back down after reaching above $53 per barrel as a result of reports that OPEC had agreed to curb production.