Global oil demand is recovering from its May low and is expected to surpass 2025 levels by October, according to the IEA. Despite improved demand, the agency expects a market surplus later this year amid recovering tanker flows and rising crude supplies
IEA's new World Energy Outlook 2023 published on Tuesday indicated that renewables would provide half of the world's electricity by 2030 due to the phenomenal rise of clean energy technologies such as solar, wind, electric cars and heat pumps
IEA said on Friday that India and China, which are the two major consumers of discounted Russian crude, have bought 80 per cent of oil exported by Russia
New Delhi: Electric vehicles are expected to be the future of transportation due to their low carbon footprint and low energy use. They provide clean mobility and reduce the environmental impact of conventional transportation. The International Energy Agency (IEA) predicts that by 2030, the worldwide fleet of electric vehicles will reach 145 million. As more […]
