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International Atomic Energy Agency

Oil price hovers near $94 a barrel

The contract fell 96 cents to close at $94.21 on Tuesday after the International Energy Agency raised its forecast for U.S. oil production while cutting its prediction for global crude demand.

US boom transforming global oil trade

Developing countries will soon, as a group, consume more oil than developed countries for the first time, according to the IEA.

Texas helps U.S. oil hit highest level in 20 years

The unlocking of such reserves is a major reason the International Energy Agency forecasts the U.S. will become the world's leading oil producer by about 2017.

They're drilling, baby, drilling - and gas prices still going up

At the same time, the International Energy Agency has lowered its estimates for global demand for oil.

Gas prices jumped 12 cents a gallon in the past week

Domestic production in 2012 was the highest in 20 years, the International Energy Agency said last week.

Decline in coal takes toll on American workers

The International Energy Agency's latest report forecasts that coal will become the world's dominant fuel, with global burning of the fossil fuel rising by 1.2 billion tons over the next four years.

Kentucky suffers as coal use rises everywhere but in U.S.

The International Energy Agency's latest report forecasts that coal will become the world's dominant fuel, with global burning of the fossil fuel rising by 1.2 billion tons over the next four years.

Oil struggles as GDP falls in Germany, eurozone

On Wednesday, the Paris-based International Energy Agency lowered its consumption forecast by 85,000 barrels a day compared with data from a month ago.

Oil gains on report showing lower US crude stocks

Prices advanced despite a cut in the International Energy Agency's forecast for global crude demand this year.

Oil falls to near $95 per barrel on economy

Global oil demand is expected to rise to 90.8 million barrels a day this year, according to the IEA in Paris, which released its monthly report Friday.

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