The International Energy Agency warned Wednesday that the world faces serious dangers from global warming unless it radically alters its planned investments in new oil and coal facilities.
The International Energy Agency lowered its estimates for oil demand on Wednesday amid continued concerns about the fragility of the global economy and slow growth.
The International Energy Agency, in the wake of the recent plunge in oil prices, warned Wednesday that continued global economic weakness through next year could slow demand for oil.
The International Energy Agency mounted a defense of its decision to release 60 million barrels of oil in an emergency effort to ease a supply shortage.
The price of oil was the big talker on StockTwits on Thursday, following the news that the International Energy Agency was releasing 60 million barrels of oil into the market.
New sources of oil and natural gas -- much of it from the United States and the rest of the Americas -- will expand supply over the next five years, but growth in demand -- particularly from China -- will outpace it, according to an industry report issued Thursday.
Carbon emissions from energy use reached a record level last year, up 5% from the previous record in 2008, the International Energy Agency said.
Car part called Liberator claims to cut fuel use and car emissions. NASCAR driver Kenny Wallace explains how it works.
The International Energy Agency warned Thursday that high oil prices are imperiling the global economy.
CNN's Andrew Stevens talks through the implications of unrest in Libya on the world oil market.
Don't panic, the world has plenty of oil to cover any loss in Libyan production. That's the message the head of the International Energy Agency, the group formed to protect against global energy supply disruptions, sent the market on Tuesday.
Solar power is expected to provide almost a quarter of the world's electricity supplies by 2050, according to a new report published by the International Energy Agency (IEA).
Oil prices fell Tuesday, declining for the fifth straight session as worries about oversupply weighed on the market.
The IEA rejects suggestions the body has exaggerated global oil supplies, as it releases its 2009 World Energy Outlook.
The International Energy Agency has rejected reported allegations from a whistleblower that world oil reserves have been exaggerated to avoid panic buying in the oil market.
World oil consumption will rebound next year as the global economy recovers from a deep slump, according to a report released Friday.
Ask a group of oil analysts about the recent surge in crude costs and here's the consensus answer you'll get: Prices have run up too far, too fast and they aren't supported by the fundamentals.
Oil jumped near $73 a barrel on Thursday after the International Energy Agency raised its estimate for 2009 oil demand for the first time in 10 months.
CNNMoney: Oil regains groundupdated: Thu May 14 2009 14:50:00
Oil prices rose modestly Thursday, recovering from earlier losses, as investors looked past a grim outlook for world oil demand to focus on Wall Street gains.
CNNMoney: Oil falls near $50updated: Mon Apr 13 2009 14:58:00
Oil fell to settle near $50 a barrel Monday as the stock market slipped, after the International Energy Agency cut its forecast for oil demand.
Oil prices ended lower on Friday after the government reported a spike in the unemployment rate.
Oil prices plummeted Wednesday after an international report said global demand for crude will continue to fall in 2009, re-igniting oversupply concerns.
Recent world events have shown in stark relief how financial speculators hype industries up, only to scare and scatter when a bubble bursts leaving the value of stocks and shares to tumble.
Sun-powered city
updated: Mon Jan 26 2009 04:12:00
A new city in the United Arab Emirates could run on zero emissions by relying on solar power. CNN's Stan Grant reports
Oil prices ended higher Friday after seesawing following a major world energy report that projected demand for crude would continue to decline through 2009.
The International Energy Agency has called for a global energy revolution to ensure future supplies and to stem the rise of greenhouse gas emissions.
Oil prices eased Wednesday - ending at a 5-month low - as heightened worries over slumping demand and a stronger dollar offset a weekly government report showing a bigger-than-expected decline in gasoline and crude inventories.
Oil prices fluctuated Tuesday as a stronger dollar and weakening crude demand from China balanced concerns about the Russia-Georgia conflict and its potential to disrupt crude supplies in the region
Speculation by financial traders is causing a substantial boost in crude oil prices, according to a group of big consumers of oil now asking Congress to impose limits on commodity markets.
Some of the Democratic lawmakers leading the campaign to crack down on oil traders appeared Wednesday before the House Committee on Agriculture to explain their proposals.
In a week when oil prices shot to $143 a barrel, the mood at the World Petroleum Congress was surprisingly somber
As crude soared to a new record, the head of the International Energy Agency declared that the world was in the grip of an "oil shock," and the president of OPEC acknowledged he could not say whether prices would flatten out or continue to soar
Crude prices settled higher Tuesday after an energy advisory group reduced its estimate on the amount of oil that will reach the market in the coming years.
CNN's Charles Hodson reports delegates in Madrid are under pressure to do something about the record price of oil.
An influential oil-policy group released a report Tuesday arguing that the increase in oil-market speculation is not driving up crude prices. But the study far from ends the debate.
The International Energy Agency lowered its forecast for global oil
demand this year amid surging prices, but said Tuesday that global
hunger for oil is knocking markets out of kilter
The world needs to invest $45 trillion in energy in coming decades,
build some 1,400 nuclear power plants and vastly expand wind power in
order to halve greenhouse gas emissions by 2050
Oil price shockupdated: Fri May 23 2008 04:59:00
CNN's Kristie Lu Stout speaks with economist Andrew Freris about the high cost of a barrel of oil.
A leading global energy monitor said Thursday it is worried that demand for oil will outstrip world supply and is preparing a landmark revision of its closely watched forecasts
Crude oil prices sank Thursday after posting another record high earlier in the morning.
CNN's Ali Velshi explains the push to find easy way to turn coal into liquid fuel.
Oil prices struggled for direction Wednesday after the government said supplies of crude and gasoline rose far less than expected last week.
The chief executive and chairman of U.S. banking giant Citigroup has stepped down. CNN's Eunice Yoon reports.
Tuesday's record oil price may eventually become the norm, says a new report, as a growing world economy struggles to boost supplies
Oil prices settled at a record high Friday on news of dwindling stockpiles, potential trouble with Turkey and projections for a colder winter.
The first forays in solar technology began in the 19th century, yet today solar power remains on the fringes of society in terms of how much it serves our energy needs.
The subprime crisis engulfing world stock and credit markets weighed on oil prices again Friday, but declines were limited as market fundamentals continued to buttress prices.
World oil demand will rise faster than expected to 2012 while supply lags, leading to a tighter market than previously anticipated, the International Energy Agency said on Monday.
Investors wavered in the first moments of trade Thursday as strong March same-store sales from big retailers competed with surging weekly jobless claims.
Oil prices tumbled nearly $2 Tuesday to back where they were before Hurricane Katrina slammed into oil facilities and forced most production in the Gulf of Mexico to shut down last week.
Energy Secretary Samuel Bodman said Friday that an international oil agency will make 60 million barrels of oil and gasoline available to the marketplace.
German Chancellor Gerhard Schroeder on Friday said he supported a U.S. request for the release of international oil reserves in the aftermath of Hurricane Katrina.
NEW YORK (Reuters) - Oil prices dropped 3 percent Wednesday after the International Energy Agency said growth in world demand was weakening and the U.S. government reported an increase in crude inventories to six-year highs.
Oil prices gave up early gains Friday as a morning rise fueled by fresh sabotage attacks on Iraqi oil pipelines evaporated.
Oil prices are trading record levels as a growing rebellion in Iraq's southern oil region outweighs assurances by Saudi Arabia that it could increase production to ease any supply crunch.
Oil prices remain near record levels over concerns about the stability of supplies from Iraq and fears that Russia's largest oil company may be forced to halt production.
LONDON -(Dow Jones)- World oil demand is slowing down led by weaker economic growth in the U.S. and China, the International Energy Agency said Wednesday.
Surging Chinese demand is underpinning the recent spike in the price of oil, figures from the International Energy Agency (IEA) show.
Oil prices have climbed above $40 for the first time in 13 years as markets remain concerned over tight supplies.
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