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Tag Archives: International Energy Agency (IEA)

OPEC must enact cuts for sustained oil price rise, IEA says

oil field, Kuwait, oil spill

PARIS (AP) — The International Energy Agency is urging OPEC countries to swiftly deliver on promised production cuts if they want to see a sustained increase in oil prices that will also help shore up their economies. In its monthly report Tuesday, the global watchdog said production from the Organization of the Petroleum Exporting Countries hit a record high in ...

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Report links 6.5 million deaths worldwide to air pollution

air pollution

STOCKHOLM (AP) — Each year about 6.5 million deaths worldwide are linked to air pollution, a number that could grow in coming decades unless the energy sector steps up its efforts to slash emissions, the International Energy Agency warned Monday. In the Paris-based agency’s first report on the subject , the IEA said air pollution is the fourth biggest threat ...

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Oil price unlikely to rise much further, global agency says

oil overflow barrel

LONDON (AP) — The price of oil is unlikely to rise much further after rallying almost 90 percent since January, as the global market shows signs of stabilizing, the International Energy Agency said Tuesday. The Paris-based agency, which advises the world’s top oil consuming nations, nudged up its estimate for global oil demand this year in its monthly report. It ...

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