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The Latest Breaking News from IEA

Crude Prices Tumble on Signs of Robust Global Oil Supplies

February WTI crude oil (CLG26 ) on Wednesday closed down -1.14 (-2.00%), and February RBOB gasoline (RBG26 ) closed down -0.061 (-0.36%). Crude oil and gasoline prices sold off on Wednesday, with crude falling to a 2-week low. Crude prices tumbled on Wednesday after the US lifted some sanctions on...

Barchart

Crude Prices Tumble on Prospects that Venezuelan Crude Will Continue to Flow

February WTI crude oil (CLG26 ) today is closed down -0.81 (-1.42%), and February RBOB gasoline (RBG26 ) is down -0.007 (-0.04%). Crude oil and gasoline prices are under pressure today, with crude falling to a 2-week low. Crude prices tumbled today after the US lifted sanctions on Venezuelan crude...

Barchart

Crude Prices Retreat on Dollar Strength and Energy Demand Concerns

February WTI crude oil (CLG26 ) on Tuesday closed down -1.19 (-2.04%), and February RBOB gasoline (RBG26 ) closed down -0.0194 (-1.13%). Crude oil and gasoline prices gave up an early advance on Tuesday and sold off sharply as the dollar strengthened. Crude prices also retreated amid concerns about energy...

Barchart

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Crude Prices Slip on Dollar Strength and Energy Demand Concerns

February WTI crude oil (CLG26 ) today is down -0.24 (-0.41%), and February RBOB gasoline (RBG26 ) is up +0.0005 (+0.03%). Crude oil and gasoline prices are mixed today. Crude gave up an early advance and turned lower today as the dollar strengthened. Crude prices are also under pressure amid...

Barchart

Crude Rallies on Rising Geopolitical Risks

February WTI crude oil (CLG26 ) on Monday closed up +1.00 (+1.74%), and February RBOB gasoline (RBG26 ) closed up +0.0218 (+1.28%). Crude oil and gasoline prices recovered from early losses on Monday and settled sharply higher as rising global geopolitical risks in Russia, the Middle East, Nigeria, and Venezuela...

Barchart

Crude Rallies as OPEC+ Keeps Output Levels Unchanged in Q1

February WTI crude oil (CLG26 ) today is up +0.88 (+1.54%), and February RBOB gasoline (RBG26 ) is up +0.0192 (+1.13%). Crude oil and gasoline prices recovered from early losses today and are sharply higher after OPEC+ on Sunday stuck with its plans to pause an increase in the group's...

Barchart

‘Just an unbelievable amount of pollution’: how big a threat is AI to the climate?

Defenders say AI can do good to fight the climate crisis. But spiralling energy and water costs leave experts worried

The Guardian - UK

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Crude Prices Pressured by Concerns About a Global Oil Glut

February WTI crude oil (CLG26 ) on Friday closed down -0.10 (-0.17%), and February RBOB gasoline (RBG26 ) closed down -0.0168 (-0.08%). Crude oil and gasoline prices tumbled to 2-week lows on Friday on expectations for a record global supply surplus. Both the International Energy Agency (IEA) and the US...

Barchart

Crude Prices Decline on Expectations of a Record Global Oil Surplus

February WTI crude oil (CLG26 ) today is down -0.61 (-1.06%), and February RBOB gasoline (RBG26 ) is down -0.0253 (-1.48%). Crude oil and gasoline prices tumbled to 2-week lows today on expectations for a record global supply surplus. Both the International Energy Agency (IEA) and the US government see...

Barchart

South Korea’s climate pledge to cut coal, lower emissions clash with US push for LNG purchases

South Korea is chasing a coal-free future in efforts to slash carbon emissions, an ambitious goal for the fossil fuel-dependent country

The Independent UK

AI boom has caused same CO2 emissions in 2025 as New York City, report claims

Study author says tech companies are reaping benefits of artificial intelligence age but society is left to pay cost

The Guardian - UK

Who benefits from ‘nation-building’ projects like Ksi Lisims?

When the Canadian government added the proposed Ksi Lisims LNG terminal on Nisg̱a’a territory in northwest British Columbia to its new list of fast-tracked “nation-building” projects this fall, it resurrected an idea many British Columbians thought had quietly faded away: that liquefied natural gas (LNG) exports are central to the…

The Conversation

How can Australia convince the world to give up fossil fuels if Anthony Albanese is contradicting himself on gas expansion?

Getting to net zero CO2 emissions globally means we can halt global warming. This requires a rapid phase-out. It’s physics

The Guardian - AU

AI Data Centers Are Quietly Creating A Natural Gas Supercycle — And The IEA Just Confirmed It

America's AI boom isn't just reshaping tech. It's rewiring the entire energy transition — and the IEA's World Energy Outlook 2025 report makes it brutally clear: soaring power demand from data centers is pushing the U.S. right back toward natural gas. In a year when policy U-turns slowed renewable deployment,…

Benzinga

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The Guardian - AU

The Coalition claims pursuing net zero will increase power bills – but in the real world the opposite is true

The International Energy Agency, once known for an anti-renewables bias, now says a more ambitious transition will lower prices

The Guardian - UK

Oversupply of oil could create glut of 4m barrels a day, says energy watchdog

Warning comes as scenario in which global demand continues to grow until 2050 is included in IEA outlook report

Axios

This chart shows that progress has actually been made on climate change

The possible trajectories are better than a decade ago, but still indicate significant global warming.

Euronews

Energy fuels geopolitical tensions, but leaders lack the resolve to tackle challenges

The IEA warns of fragile grids, chokepoint minerals and a nuclear revival — while political will is the scarcest fuel.

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Fortune

IEA heralds 'the Age of Electricity' while warning that oil may not be peaking in 2030 after all

The International Energy Agency’s World Energy Outlook still sees a pathway to mitigage "the most severe risks from climate change."

Benzinga

Gavin Newsom Slams Trump's Reported California Drilling Push As IEA U-Turns To Predict Global Oil Demand Growth Until 2050

California Governor Gavin Newsom strongly opposed the Trump administration’s reported intentions to expand offshore drilling in California, as the International Energy Agency (IEA) on Wednesday predicted global oil and gas demand could grow until 2050.

Euronews

Rising electricity demand drives urgent need for diverse, resilient energy, IEA says

Renewable energy, led by solar power, will grow faster than any other major source in the next few years, the annual outlooks says.

The Independent UK

Diverse and resilient energy production is needed to meet future demand, global report says

Electricity demand will rise much faster than overall energy growth in the coming decades, underscoring the need for diversified energy sources and supply chains, That's according to a new report by the International Energy Agency

Axios

Influential study sees "less momentum" on cutting global CO2 emissions

IEA's latest World Energy Outlook could influence anyone trying to understand where the energy mix might head.

The Guardian - UK

Supply boom in cheaper renewables will seal end of fossil fuel era, says IEA

Watchdog’s flagship report says rise in low-carbon electricity will make transition ‘inevitable’, despite Trump’s calls to carry on drilling

The Conversation

Why Bill Gates’ climate memo is being celebrated by skeptics while frustrating scientists

Shortly before COP30 talks begin in Brazil, tech billionaire and philanthropist Bill Gates has launched a “narrative grenade” into the discourse of climate politics by publishing a lengthy memo calling for a rethink of how the climate crisis is framed and addressed.

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