International Energy Agency
He affirmed full support for Egypt in light of its hosting of the COP27 global climate summit and its leadership of the African continent to come up with decisions from the summit that suit the continent, which suffers from great challenges represented in the window for electricity and cooking by primitive means that result in disasters.
FILE PHOTO: Fatih Birol, Executive Director of the International Energy Agency, speaks with the media during the International Energy Forum (IEF) in New Delhi, India, April 11, 2018. REUTERS/Altaf Hussain
In future, a lot of potential supply could come to the market from places like Iran, Iraq, Libya, Nigeria and Venezuela, if their various challenges can be overcome.
Oil edged lower on Tuesday ahead of weekly data that is forecast to show a rise in U.S. crude inventories.
The United States will overtake Russia as the world’s biggest oil producer by 2019 at the latest, the International Energy Agency (IEA) said Tuesday.
The Norwegian island of Finnoey has the highest density of electric cars in the world.
Oil prices fell by one percent on Friday to their lowest in more than a week after the International Energy Agency said market rebalancing was taking time.