Posts Tagged ‘agency’
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Brent falls on demand worries

by on November 14, 2012 4:23 am BST
The adviser to industrialised nations on energy policy said Opec-member Iran's exports jumped by a third to 1.3 million barrels per day in October from the earlier two months. That added additional pressure on prices already weak as the US and Europe grapple with their financial woes.Brent crude declined 12

GLOBAL MARKETS-Shares, euro slide on Greece, U.S. fiscal worries

by on November 13, 2012 3:19 pm BST
Tue Nov 13, 2012 10:19am EST * World equity index falls for fifth day, Wall St. mostly lower* Uncertainties over Greece and U.S. fiscal cliff hit sentiment* Oil slips as investors worry over global demandNEW YORK, Nov 13 (Reuters) - Global shares fell for a fifth straight day on Tuesday and the euro

OPEC warns IEA's U.S. oil forecast may hurt investment

by on November 13, 2012 2:28 pm BST
OPEC warns IEA's U.S. oil forecast may hurt investmentLONDON -- The head of OPEC warned Tuesday that its members' spending plans could be undermined by an energy watchdog's forecast that the U.S. will leapfrog Saudi Arabia in terms of oil production.On Monday, the International Energy Agency, which represents

IEA: U.S. to become net gas exporter by 2020, self sufficient in energy by 2035

by on November 13, 2012 5:26 am BST
IEA: U.S. to become net gas exporter by 2020, self sufficient in energy by 2035LONDON -- The global energy map is changing in dramatic fashion, the International Energy Agency (IEA) said as it launched the 2012 edition of the World Energy Outlook. The Agency's flagship publication, released today in London, said these