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The Latest Breaking News from IEA

Crude Prices Strengthen on the Outlook for Tighter Global Supplies

October WTI crude oil (CLV23) this morning is up +0.23 (+0.26%), and Oct RBOB gasoline (RBV23) is up +0.40 (+0.15%). Crude oil and gasoline prices this morning are modestly higher, with crude posting a nearly 10-month high. Tightness in global oil supplies is underpinning oil prices after OPEC on Tuesday...

Barchart

‘Beginning of the end’ of fossil fuel era approaching, says IEA

Forecast downturn still ‘nowhere near steep enough’ to limit temperature rise to 1.5C, says watchdog

The Guardian - UK

How recycling could solve the shortage of minerals essential to clean energy

What do silver, silicon and gallium have in common? These expensive raw materials are essential components of our various solar energy technologies. What about neodymium, praseodymium and dysprosium? These rare earth metals are used to build the powerful magnets in wind turbines.

The Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

African leaders seek global taxes for climate change at Nairobi summit

The Nairobi Declaration represents a united front for Africa before negotiations for more funding at COP28.

Al Jazeera

Government incentives and cost-conscious customers lead to electric vehicle boom in India

India is one of the fastest growing electric vehicle markets in the world, and more than 90% of India’s 2.3 million EVs are the cheaper and more popular two- or three-wheelers — that’s motorbikes, scooters and rickshaws

The Independent UK

Marathon Oil (MRO) vs. Marathon Petroleum (MPC): Which Energy Stock Has the Potential for Great Momentum in September

A pickup in demand for oil and gas and constrained supplies amid production cuts will likely push crude prices higher, driving strong investor interest in the energy sector. Thus, energy stocks Marathon Oil (MRO) and Marathon Petroleum (MPC) are well-placed to gain robust momentum in the near term. But which…

StockNews.com

3 Energy Stocks for High-Powered Investment Portfolio

The energy industry is positioned for solid growth due to the rising global energy demand, heightened summer travel, and limited supplies. To that end, it could be wise to invest in fundamentally strong energy stocks Graham Corporation (GHM), Geospace Technologies (GEOS), and Profire Energy (PFIE). Read more.

StockNews.com

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Energy Transfer LP (ET) vs. National Fuel Gas Company (NFG): Which Energy Stock Has More Gas?

As the transition to clean energy remains distant and global oil demand hits unprecedented levels, the energy sector's prospects appear promising. Thus, let's analyze leading energy stocks, Energy Transfer (ET) and National Fuel Gas (NFG), to ascertain their potential in the evolving landscape. Continue reading….

StockNews.com

Crude Prices Settle Lower on Chinese Energy Demand Concerns

September WTI crude oil (CLU23 ) on Tuesday closed down -1.52 (-1.84%), and Sep RBOB gasoline (RBU23 ) closed down -5.86 (-2.02%). Crude oil and gasoline prices Tuesday closed moderately lower. Crude prices were under pressure Tuesday on concerns about global oil demand after China reported weaker-than-expected industrial activity and...

Barchart

Consider This Energy Stock as Record Oil Demand Fuels Profits

Oil demand is on track to average 102.2 million barrels per day in 2023, the highest-ever annual level, and profits on processing a barrel of crude oil at a typical U.S. refinery has jumped by about 33% year to date. Here's one way for investors to cash in.

Barchart

Crude Prices Retreat on Chinese Energy Demand Concerns

September WTI crude oil (CLU23 ) this morning is down -1.76 (-2.139%), and Sep RBOB gasoline (RBU23 ) is down -2.75 (-0.95%). Crude oil and gasoline prices this morning are moderately lower. Crude prices are under pressure today on concerns about global oil demand after China reported weaker-than-expected industrial activity...

Barchart

Crude Closes Lower on Dollar Strength and Chinese Economic Woes

September WTI crude oil (CLU23 ) on Monday closed down -0.74 (-0.89%), and Sep RBOB gasoline (RBU23 ) closed down -5.87 (-1.98%). Crude oil and gasoline prices Monday settled moderately lower. Monday's rally in the dollar index (DXY00 ) to a 5-week high pressured energy prices. Also, concerns that a...

Barchart

Crude Prices Slip on Dollar Strength and Chinese Economic Concerns

September WTI crude oil (CLU23 ) this morning is down -0.42 (-0.50%), and Sep RBOB gasoline (RBU23 ) is down -5.78 (-1.95%). Crude oil and gasoline prices this morning are moderately lower. Today's rally in the dollar index (DXY00 ) to a 5-week high pressures energy prices. Also, concerns that...

Barchart

Crude Settles Higher as the IEA Sees Record Global Crude Consumption

September WTI crude oil (CLU23 ) on Friday closed up +0.37 (+0.45%), and Sep RBOB gasoline (RBU23 ) closed up +6.02 (+2.07%). Crude oil and gasoline prices Friday posted moderate gains. Crude prices rose Friday after a monthly report from the International Energy Agency (IEA) said global oil demand has...

Barchart

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Barchart

Crude Pushes Higher as the IEA Sees Record Global Crude Consumption

September WTI crude oil (CLU23 ) this morning is up +0.65 (+0.78%), and Sep RBOB gasoline (RBU23 ) is up +4.87 (+1.68%). Crude oil and gasoline prices this morning are moderately higher. Crude prices are climbing after today's monthly report from the International Energy Agency (IEA) said global oil demand...

The Independent UK

Kwasi Kwarteng struggles to match Liz Truss’s almost £200k in outside earnings

Ex-chancellor fails to keep pace with old boss, as he admits his mortgage payments have spiked

The Guardian - UK

UK thinktanks urged to be transparent about funding as $1m US donations revealed

Campaigners urge more openness after more than $1m handed to influential British thinktanks by donors in US

The Guardian - UK

Billionaire investor threatens to pull out of UK amid global outcry at new oil rush

Australian mining entrepreneur Andrew Forrest criticises ‘clickbait’ fossil fuel plans as others say Britain has lost credibility

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The Conversation

The oil industry has succumbed to a dangerous new climate denialism

If we have not been warned of the dangers of climate change this summer, we never will be. Extreme heat, forest fires and floods have been all over news reports. Yet the oil and gas industry remains largely in denial.

Zenger

IEA Says Coal Use Hit An All-Time High Last Year Amid Global Demand

10,440 terawatt hours were generated from coal in 2022, a figure that accounted for 36% of the planet’s electricity generation.

Chicago Sun-Times

Parents, teachers must forget politics, embrace partnership for good of students

Kathi Griffin, the Illinois Education Association president, talks about resetting communication in the new school year to try to take politics out of education.

StockNews.com

Which Energy Stock Should You Buy, Hold or Sell: Schlumberger (SLB) or Geospace Technologies (GEOS)

Strong energy demand as China’s economy is rebounding and people planning vacation travel during summers coupled with tight supplies could push energy prices higher this year, benefitting energy producers and businesses serving them. So, let’s determine if investors should buy, hold, or sell energy stocks Schlumberger (SLB) and Geospace Technologies…

The National (Scotland)

‘No robust evidence’ to support a ban on alcohol advertising, report reveals

There is “no robust evidence” in favour of a ban on alcohol advertising, a report has insisted.

The Independent UK

Banning alcohol ads would have little impact on consumption, think tank says

The Institute of Economic Affairs said restrictions ‘would certainly not be an evidence-based policy’.

The Guardian - UK

New North Sea oil and gasfields will emit as much carbon as 14m cars, report says

Licences UK has approved in last two years will result in carbon dioxide matching annual emissions of Denmark, Greenpeace finds

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