Tag: IEA
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Oil market falls too big to offset with output cuts, IEA warns
The International Energy Agency (IEA) on Wednesday forecast a 29 million barrel per day (bpd) dive in April oil demand to levels not seen...
OPEC+ faces “major challenge” in 2020 from competitors’ surging output: IEA
The Organization of the Petroleum Exporting Countries and its allies face stiffening competition in 2020, the International Energy Agency said on Friday, adding urgency...
Take Closer Look At Future Demand For Oil-based Products, Report Urges Ship Owners
Gibson Shipbrokers said in a recent report that in the next 20 years when deciding for the type of tanker to invest in, ship...
Despite Teekay Tanker’s Optimism, Things Not Rosy For Tanker Owners
With the first half of this 2019 plagued by increased net tanker fleet growth, and a higher than expected refinery maintenance, it appears things...
Despite Cuts, Oil Market Struggling as Tension between US, Iran Mounts
As tensions between the United States and Iran continue to rise, the oil market keeps struggling to sustain a rally despite supply restrictions that...
