Global Market: America to lead global oil supply growth, no peak demand in sight

Global Market: America to lead global oil supply growth, no peak demand in sight

The United States will drive global oil supply growth over the next five years thanks to the remarkable strength of its shale industry, triggering a rapid transformation of world oil markets according to the International Energy Agency’s annual oil market forecast. By the end of the forecast, oil exports from the United States will overtake Russia and close in on Saudi Arabia, bringing greater diversity of supply. Advertisements

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Global Industry: Ireland IEA’s next global conference

Global Industry: Ireland  IEA’s next global conference

IEA Executive Director Dr Fatih Birol announced last week that Ireland this year will host our fourth annual Global Conference on Energy Efficiency in Dublin on 24 June 2019.

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Global Industry: “Oil refining capacity to grow at record pace this year” – IEA

Global Industry: “Oil refining capacity to grow at record pace this year” – IEA

Global oil refining capacity is set to increase at its fastest pace on record this year, possibly boosting stocks of products such as diesel, gasoline and marine fuel, the International Energy Agency said on Friday.

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