Tag: IEA

World

Global coal output to fall after historic 2024 peak — IEA

Global coal production is projected to move into a period of structural decline after reaching a historic plateau, according to the latest report released on Wednesday by the International Energy Agency. The agency noted that after attaining record output levels, global coal production is expected to fall back to 8.6 billion tonnes by 2030, reflecting […]

Oil and Gas

IEA warns of oil surplus in 2025 despite OPEC+ delay

The International Energy Agency has said that the global oil markets will face a glut next year, despite OPEC+’s decision last week to delay supply increases. The IEA predicted in its monthly report that world markets will be oversupplied by 1.4 million barrels a day if OPEC+ follows through with plans to resume output in […]