International Energy Agency — forecasts global oil demand and market outlooks, particularly regarding Middle East conflicts and energy supply disruptions.
Verbatim sentences from the source article.
Joy Online
… The drop has been attributed to weaker Chinese imports, record-high US oil exports and continued releases from strategic petroleum reserves by member countries of the International Energy Agency (IEA). …
Fuel prices fall as some OMCs cuts petrol to GH¢13.87 per litreJoy Online
… The decline has been attributed to weaker Chinese imports, record-high US oil exports and continued releases from strategic petroleum reserves by member countries of the International Energy Agency (IEA). …
We’re optimistic stabilising Iran-US tensions could push crude oil prices below $80 – COMAC CEOJoy Online
… The decline has been attributed to weaker Chinese imports, record-high US oil exports and continued releases from strategic petroleum reserves by member countries of the International Energy Agency (IEA). …
Petrol prices set for sharpest drop in months amid falling global oil pricesJoy Online
… The target is based on analysis from the International Energy Agency (IEA) and the International Renewable Energy Agency (IRENA) and is designed to support implementation of the Paris Agreement and help keep the world on a pathway consistent with limiting warming to 1.5°C above p …
Bonn Climate Talks: COP31 Presidency announces “35% by 2035” electrification targetJoy Online
… China is home to vast supply chains for EV parts that help to lower the cost of production by at least 30% compared to the rest of the world, according to the International Energy Agency. …
Ferrari wanted to take on Chinese EVs with the Luce – then the backlash startedJoy Online
… The International Energy Agency issued a stark warning last week in its monthly update. …
G7 finance ministers meet in Paris as Strait of Hormuz closure threatens global economyJoy Online
… In mid-April, the head of the International Energy Agency (IEA), which advises 32 member governments on energy supply and security,warned that Europe had Europe would face jet fuel shortages by June unless more can be secured from elsewhere. …
Airlines cut 13,000 flights in May as jet fuel prices soarJoy Online
… At the same time, the head of the International Energy Agency (IEA) has warned Europe could run out of jet fuel in as little as six weeks. …
Spirit Airlines shutting down after rescue talks collapseJoy Online
… Global energy studies by the IPCC and the International Energy Agency further indicate that rising temperatures tend to increase electricity demand, especially through higher cooling loads. …
El Niño Alert: Why a possible 2027 heat record could signal droughts, floods and flood risks for GhanaOil prices edged up on Friday after the United States threatened an indefinite naval blockade of Iran, offsetting earlier bearish signals from weaker demand outlook and large US stock builds. Brent crude rose to $87.08 a barrel and WTI to $81.31 a barrel, with both benchmarks tracking weekly gains of about 4%.
14 August 2026 · Joy Online →
Oil prices edged up on Friday after the United States threatened an indefinite naval blockade of Iran, offsetting earlier bearish signals from weaker demand outlook and large US stock builds. Brent crude rose to $87.08 a barrel and WTI to $81.31 a barrel, with both benchmarks tracking weekly gains of about 4%.
14 August 2026 · Joy Online →
OPEC on Wednesday cut its forecast for world oil demand growth in 2026 to 580,000 barrels per day, marking the fourth consecutive downward revision. The group raised its 2027 oil demand growth forecast, though it continues to forecast less impact from the Iran war than the International Energy Agency.
13 August 2026 · Joy Online →
Oil prices dropped more than $1 per barrel on Thursday as OPEC and the International Energy Agency lowered global oil demand projections for 2026 due to disruptions from the U.S.-Israeli war on Iran, though supply constraints from the conflict provided support for the market.
13 August 2026 · Joy Online →
Iran has accused the US of hitting civilian infrastructure including bridges, a train station and an airport in air strikes since peace talks collapsed. BBC Verify confirmed an attack on a bridge in Hormozgan province, and provincial authorities said seven people were killed on Thursday night.
17 July 2026 · Joy Online →
Iran has accused the US of hitting civilian infrastructure including bridges, a train station and an airport in air strikes since peace talks collapsed. US Central Command says the attacks were intended to degrade Iranian military capabilities, and seven people were killed in strikes on Thursday night according to provincial authorities.
17 July 2026 · Joy Online →
Brent crude rose 0.83% to $84.93 a barrel and WTI rose 1.03% to $79.76 a barrel on Friday as US-Iran hostilities escalated and Tehran asked the Houthis to prepare to shut the Red Sea export route, with both benchmarks climbing nearly 12% for the week.
17 July 2026 · Joy Online →
Oil prices jumped over 4% on Monday as U.S. and Iranian military strikes escalated, threatening energy shipments via the Strait of Hormuz. Brent crude climbed to $79.11 per barrel while U.S. West Texas Intermediate rose to $74.36, with only six vessels transiting the strait on Sunday—the lowest in five weeks.
13 July 2026 · Joy Online →
Dr. Riverson Oppong, CEO of the Chamber of Oil Marketing Companies, says petroleum product prices will be reduced at pumps from July 16, 2026, based on international market developments and cedi stability over the past month.
10 July 2026 · Joy Online →
The International Energy Agency forecasts a significant downturn in global oil demand for 2026, the first annual decline since the 2020 pandemic, citing Middle East conflict and the closure of the Strait of Hormuz as primary drivers of disrupted production and export routes.
10 July 2026 · Joy Online →
The chief executive of Adura, the owner of the Jackdaw gas platform in the North Sea, told BBC News that government approval is "hyper critical" to avoid domestic supply shortages this winter, saying the project could meet 6% of UK gas needs from 1 October. Environmental campaigners oppose the project, citing this summer's record heatwaves as evidence of the need to tackle climate change.
9 July 2026 · Joy Online →
Oil Marketing Companies including GOIL and Zen Petroleum have reduced petrol and diesel prices in line with Ghana's bi-weekly fuel price review, following the National Petroleum Authority's announcement of lower price floors for the June 16–30 pricing window.
16 June 2026 · Joy Online →
The Chief Executive Officer of the Chamber of Oil Marketing Companies says easing tensions between Iran and the United States could sustain recent declines in global crude oil prices and push them below $80 per barrel. Crude oil prices have dropped from about $110 to $97 per barrel this month, attributed to weaker Chinese imports, record-high US oil exports, and strategic petroleum reserve releases.
15 June 2026 · Joy Online →
Petrol, diesel, and LPG prices are projected to drop significantly during the second pricing window of June, with petrol expected to fall by up to 9.31% to around GH¢14.72 per litre. The decline is attributed to falling global oil prices, though cedi depreciation has limited the extent of the cuts.
15 June 2026 · Joy Online →
Turkey's COP31 President-Designate Murat Kurum announced a global electrification target to increase the share of final energy demand met by electricity from just over 20% today to 35% by 2035, aiming to accelerate the shift from direct fossil fuel use to clean electricity across buildings, transport and industry.
9 June 2026 · Joy Online →
Ferrari unveiled its first electric vehicle, the Luce, designed by iPhone designer Sir Jony Ive, but the $640,000 five-seater car faced widespread criticism from investors, politicians, and internet users, with the firm's shares falling 8% after the launch and a former chairman warning it risks destroying the brand's legend.
31 May 2026 · Joy Online →
Finance ministers from the Group of Seven are meeting in Paris to coordinate a response to the prolonged closure of the Strait of Hormuz caused by Iran-related conflict, which has disrupted vital oil and gas supplies through the maritime chokepoint that typically handles roughly a fifth of the world's petroleum liquids.
18 May 2026 · Joy Online →
Airlines globally cancelled 13,000 flights in May as jet fuel prices surged due to Middle East conflict, removing nearly two million seats; the cancellations represent 1% of global flights, with UK departures to summer destinations unaffected.
6 May 2026 · Joy Online →
Spirit Airlines has ceased operations immediately after failing to secure a $500m rescue deal from the Trump administration. The budget carrier, which was emerging from bankruptcy, cited a surge in jet fuel costs following the US-Israel war in Iran as a factor in its collapse.
4 May 2026 · Joy Online →
The World Meteorological Organization indicates El Niño conditions may develop in 2026, potentially raising global temperatures into 2027 and disrupting rainfall patterns. For Ghana, this could intensify disruptions to rainfall, flooding, and pressure on food and energy systems, with agriculture particularly vulnerable as farming systems depend heavily on seasonal rains.
29 April 2026 · Joy Online →