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The head of the International Energy Agency (IEA) has cautioned Europe against returning to Russian gas supplies, warning that doing so would be both economically and politically misguided despite the current turmoil in global energy markets, according to a Reuters report.IEA Executive Director Fatih Birol said the ongoing Middle East crisis has prompted fresh debate…
The global oil market is tilting towards oversupply as production growth continues to outpace consumption despite a rise in Chinese demand, according to the International Energy Agency’s (IEA) latest monthly report released on Thursday. The IEA projected that worldwide oil production will exceed demand by more than four million barrels per day (bpd) in 2026,…
India is poised to become the epicentre of global oil demand growth over the next decade, the International Energy Agency (IEA) said in its latest Global Energy Outlook 2025, citing rapid economic expansion, industrialisation, and rising vehicle ownership as key drivers of energy consumption.According to the Paris-based agency, India’s energy demand is projected to rise…
