Opec

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Opec member urges oil producers to focus more on renewable energy
Iraqi minister and International Energy Agency chief urge countries to move away from fossil fuel dependency

Fiona Harvey Environment correspondent

01, Sep, 2021 @12:27 PM

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Recovery in global trade hit by Covid outbreaks in east Asia
Decline in exports from Taiwan combines with port closures in China and Japan to hinder growth

Phillip Inman

29, Aug, 2021 @6:33 PM

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Global demand for oil slashed by ongoing Covid issues, says IEA
Influential agency reverses earlier prediction of possible glut in the market in second half of 2021

Jillian Ambrose

12, Aug, 2021 @1:00 PM

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By pushing for more oil production, the US is killing its climate pledges | Adam Tooze
Joe Biden must use his country’s leverage to curb fossil fuels, not boost them, says professor of history Adam Tooze

Adam Tooze

12, Aug, 2021 @1:00 PM

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Rising oil price may speed shift to electric vehicles, says energy watchdog
IEA analysis offers hope for climate action but says inflated oil price may slow global economic recovery from Covid-19

Jillian Ambrose

13, Jul, 2021 @12:21 PM

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World oil demand ‘will rebound to pre-Covid levels by end of 2022’
Opec and allies will face pressure to pump more fossil fuels as economies recover, says IEA

Joanna Partridge

11, Jun, 2021 @4:07 PM

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Slow rollout of Covid vaccines in Europe delaying rebound in oil demand – IEA
Energy watchdog predicts recovery in demand in second half of year as economies return to normal

Jillian Ambrose Energy correspondent

11, Feb, 2021 @6:07 PM

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Energy agency forecasts lower demand for oil as Covid cases surge
Influential IEA cuts forecasts for rebound in market as new lockdowns bite

Jillian Ambrose

19, Jan, 2021 @2:12 PM

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Things are looking up for oil, but Opec can't uncross its fingers just yet
Despite good vaccine news and price rises, the cartel could still meet a few bumps in the road – some of them of its own making

Jillian Ambrose

29, Nov, 2020 @12:05 AM

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Iraqi deputy PM says economy in crisis and 'riddled with corruption'
Corruption such that minor clerks’ jobs changing hands for up to $100,000, says Ali Allawi

Patrick Wintour Diplomatic editor

24, Nov, 2020 @4:10 PM

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Opec rejects projection that global demand for oil has peaked
Cartel of oil-exporting nations expects demand to continue rising until late 2030s

Jillian Ambrose Energy correspondent

08, Oct, 2020 @2:44 PM

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Oil prices rise above $45 a barrel for first time since start of pandemic
Milestone was short lived, however, and experts warn prices may struggle to stay above $40 in the short term

Jillian Ambrose Energy correspondent

05, Aug, 2020 @4:43 PM

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