LONDON, March 13 (Reuters) - Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on Thursday, due to growth led by the United ...

The Paris-based IEA is an independent agency that provides global energy analyses to dozens of member countries. For years, IEA has produced reams of data showing that clean energy is replacing ...

The International Energy Agency’s (IEA) newly released “Electricity 2025” report predicts that global power consumption will jump nearly 4% annually through 2027. That’s like adding an ...

But Chinese consumption of petroleum transportation fuels — gasoline, diesel and jet fuel — declined slightly last year, the IEA said. “A plateau in China’s demand for fuels is significant ...

In its annual report on global electricity released Friday, the IEA said it expects electricity demand through 2027 to grow by 4 percent a year, or equal to the energy used by some major developed ...

The IEA said it expects to release a report on data centers later this year. India is also expected to account for 10% of the global increase in demand, with robust economic activity and rapidly ...

“Workarounds to sustain Russian export volumes may well appear in the coming weeks,” after the wind-down period for the sanctions expires on Feb. 27, the IEA said. Russia’s crude exports ...

The sure, unsurprisingly, will be led by China, whose electricity demand has been growing faster than its economy since 2020, the IEA said. In China, electricity demand last year grew at a rate of ...

The IEA said in its latest electricity report that coal accounted for around 62 percent of the country’s power generation mix in 2024. While there is a strong push to roll out renewables ...

The IEA’s February oil market report had suggested a slightly narrower surplus of around 500,000 bpd, Reuters calculations based on IEA data show. The IEA revised down its 2025 oil demand growth ...

But in 2024, that changed — and in the next three years, the IEA expects many advanced economies, including the U.S., to see power demand grow, driven in part by data centers and electric vehicles.