Tag Archives: IEA

2 reports, 1 conclusion: energy shift must start soon

BERLIN (AP) — The world must swiftly shift energy production away from fossil fuels if it is to prevent a dangerous increase in global temperatures, according to separate reports released…

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Emotions high as Britain's last deep coal mine closes

Knottingley (United Kingdom) (AFP) – Britain's last deep coal mine closed on Friday, with miners marking a milestone for what was once one of the country's most significant industries as…

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Britain's last deep coal mine closes

Knottingley (United Kingdom) (AFP) – Britain's last remaining deep coal mine closed on Friday, with miners walking out after their final shift in a historic milestone for what was once…

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Oil price to rise only gradually to $80 by 2020: IEA

By Amanda Cooper LONDON (Reuters) – Oil is unlikely to return to $80 a barrel before the end of the decade, despite unprecedented declines in investment, as yearly demand growth…

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Brent crude oil slips under $57 as IEA sees worse glut

By Christopher Johnson LONDON (Reuters) – Brent crude oil slipped under $57 a barrel on Friday after the West's energy watchdog said a global oil glut was building as U.S….

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Oil price could rebound in latter half of 2015, IEA says

The international body that monitors the world's energy supply says it can see a rebound in oil prices in the not too distant future. Crude oil prices have dropped like…

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No oil price recovery yet despite U.S. shale slowdown: IEA

By Dmitry Zhdannikov & Christopher Johnson LONDON (Reuters) – Oil prices may have further to fall & a rebound could take some time, despite increasing signs that the downtrend will…

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Slow demand, rising supply put further pressure on oil price: IEA

By Dmitry Zhdannikov & Christopher Johnson LONDON (Reuters) – Oil prices are likely to come under further downward pressure, the International Energy Agency said on Friday, as it cut its…

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Oil plunges 3 percent to new five-year lows after bearish IEA outlook

By Barani Krishnan NEW YORK (Reuters) – Crude oil markets fell 3 percent or more to plumb new five-year lows on Friday after the world's energy watchdog forecast even lower…

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IEA sees new era, no quick rebound in oil prices

By Dmitry Zhdannikov & Alex Lawler LONDON (Reuters) – The oil market has entered a new era with lower Chinese economic growth & booming U.S. shale output, making a return…

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