Brent crude steadies after surge above $103
– Oil prices traded near $102 a barrel on Monday after an early jump pushed Brent above $103. Brent crude futures stood at $102.30 a...
Tag : international energy agency
China electric cars reshape fuel demand and Venezuela oil flows
BEIJING: China’s rapid shift to electric vehicles is reshaping the world’s largest auto market and dulling growth in the transport fuel demand that once underpinned its appetite...
Electricity consumption drives global energy demand surge in 2024
Global energy demand increased sharply in 2024, rising by 2.2% and nearly doubling its average annual growth rate of the previous decade, according to the...
IEA report highlights growth in low-emissions hydrogen, but policies lag
MENA Newswire News Desk: A new report by the International Energy Agency (IEA) reveals a surge in low-emissions hydrogen projects, driven by increasing investment and...
Governments pledge nearly $2 trillion for clean energy initiatives since 2020
MENA Newswire News Desk: Governments worldwide have allocated nearly $2 trillion in direct investment to clean energy initiatives since 2020, according to the latest report...