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International Energy Agency

International Energy Agency latest

OPEC is still urging oil suppliers outside the group to fulfil their commitments to cut output. (File photo)
February 14th, 2017 - 05:34 GMT

Saudi oil production reaches lowest level in eight years

The level of Saudi cuts in January shows that the Kingdom went beyond its OPEC obligations under a deal cut last year to balance world markets.
Read more
Al Bawaba
January 30th, 2015 - 10:18 GMT

First it was the US and shale, but now, Saudi Arabia's toughest oil contender is emerging right next door

Al Bawaba
January 28th, 2015 - 09:47 GMT

Saudis have a lot on their mind nowadays, but oil will always be their biggest worries

Al Bawaba
January 25th, 2015 - 12:11 GMT

Mixed signals: why King Abdullah's passing could not have come at a worse time for Saudi's oil sector

Al Bawaba
January 21st, 2015 - 05:55 GMT

Cheap oil: the antithesis of clean energy?

Al Bawaba
January 20th, 2015 - 12:50 GMT

True or false? Saudi Arabia can withstand 8 years of low oil prices

Al Bawaba
January 18th, 2015 - 03:01 GMT

Where's rock bottom? No floor price in horizon for oil

He also said OPEC would need to see how badly the market was oversupplied and for signs of demand picking up.
December 17th, 2014 - 06:18 GMT

Playing with oil? OPEC signals 'wait and see' approach could last a year

Al Bawaba
December 14th, 2014 - 06:28 GMT

More like the ‘gold’ lining? Oil price fall a golden opportunity to switch to clean energy, says IEA

Al Bawaba
December 14th, 2014 - 06:17 GMT

Keeping up the fight for market share? Saudi oil production inches up in November

Iraq's oil supplies were held back by decades of war and sanction
October 27th, 2014 - 07:42 GMT

What IS? Iraq oil exports undettered by regional turmoil

 North America's shale boom has started to squeeze Saudi oil out of the US market,
October 20th, 2014 - 10:21 GMT

What market share? Saudi oil exports fall to lowest level in three years

"Nevertheless, further oil price drops would likely be needed for supply to take a hit — or for demand growth to get a lift," the agency said in its October report.
October 16th, 2014 - 03:55 GMT

A free fall? IEA cuts oil demand outlook, says prices could fall further for THIRD time this month

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