International Energy Agency News

Crude Oil Prices Surge 2% Amid Optimistic Demand Forecasts and Policy Shifts

Crude oil prices surged 2% following a report by the International Energy Agency showing a decrease in U.S. crude oil inventories and increased demand for heating fuels. The market...

Global Oil Demand Concerns Send Prices Plummeting Over 1%

Crude oil prices fell on Thursday after OPEC cut its global demand outlook for the next year, with the IEA also lowering its demand growth forecast for this year.