Infrastructure and Energy Alternatives Inc (IEA)
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IEA slashes 2026 supply forecast as Hormuz reopening remains elusive
Global oil supply will fall by 4.3 million barrels per day, or around 4%, this year, the International Energy Agency said in its monthly oil market report on Wednesday, as renewed hostilities in the Middle East since July are set to plunge the world deeper into an oil-market deficit.
IEA head urges EU to reconsider opposition to new Arctic oil drilling
The head of the International Energy Agency has urged the EU to reexamine its opposition to new oil and gas exploration in the Arctic, as Europe seeks to secure its future energy supplies.
SK Hynix to Enter Volatile AI Memory Trade, IEA Projects Oil Demand Decline
SK Hynix's debut on the Nasdaq as an ADR makes it "different" from a usual IPO, says Kevin Hincks, who tells investors to brace for a volatile U.S. opening for the South Korean tech giant. It comes as the AI memory trade remains red-hot, seen in stocks like Micron (MU) and SanDisk (SNDK).
World oil demand set for first annual decline since 2020, IEA says
World oil demand set for first annual decline since 2020, IEA says
IEA's Russian oil output forecasts cut after Ukraine attacks
The International Energy Agency has downgraded its projections on Russian oil production because of Ukrainian attacks on the country's energy infrastructure, the agency said on Friday.
US-Iran escalation could threaten 2027 oil market surplus, IEA says
A recent escalation of hostilities between the U.S. and Iran could upend the International Energy Agency's forecast of a significant oil market surplus next year, it said on Friday, as global supply jumped in June when the Strait of Hormuz reopened but still lagged pre-war levels.
