OPEC Secretary-General Kicks Against Calls to Abandon Oil
Adedapo Adesanya By Adedapo Adesanya The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Mr Haitham Al-Ghais, has once…
IEA
Nigeria Facing Large Oil Demand Destruction—IEA
By Adedapo Adesanya Recently, the International Energy Agency (IEA) cuts its oil demand growth forecast for 2024, saying…
EV Vehicle Adoption to Shrink Oil Demand in 2024—IEA
By Adedapo Adesanya The International Energy Agency (IEA) has said demand growth for oil next year will be…
IEA Global Demand Forecast Triggers Rise in Oil Prices
By Adedapo Adesanya Oil prices were up on Friday on signals that global demand will hit a record…
Global Oil Demand to Rise 1.7mbpd in 2022—IEA
By Adedapo Adesanya Global oil demand is expected to rise by 1.7 million barrels per day this year…
43% of Africa’s Population Lack Access to Electricity—IEA
By Adedapo Adesanya The International Energy Agency (IEA) has said that $25 billion in annual investments could bring…
Supply Disruptions in Nigeria Contributing to Oil Market Imbalance—IEA
By Adedapo Adesanya Nigeria continues to face supply disruptions, limiting the ability of the country to reach its…
Brent Slips as IEA Projects Slow Demand Recovery
By Adedapo Adesanya The Brent crude price fell on Thursday by 28 cents or 039 per cent at…
IEA Forecast Improved Oil Demand of 92.1mbpd in 2020
By Adedapo Adesanya Global oil supply falls to nine-year low in June. The International Energy Agency (IEA) has…