IEA

The outlook matters because there’s little sign of oil demand peaking soon, meaning that elevated output will be needed for years to come.

World must spend US$540 billion a year looking for oil and gas: IEA

The outlook also means that companies will need to tap reserves that have not yet been discovered

Fatih Birol, executive director of the International Energy Agency, said in Amundi's World Investment Forum in Paris that access to secure and clean sources of energy for data centres will determine the winners in AI.

Critical minerals are the new battlefront of energy security, says IEA chief

Average market share of top 3 mining countries for key energy materials has risen from 73% in 2020 to 77% in 2024

The IEA revised its overall 2025 demand growth forecast higher by 20,000 barrels per day (bpd) to 740,000 bpd in its May report, with growth slowing to 650,000 bpd for the rest of this year, from 990,000 bpd in the first quarter.

IEA predicts slower oil demand growth for the rest of 2025

Lower oil prices stemming from trade tensions and rising output are impacting US shale output growth

The IEA, which advises major economies, reduced projections for growth in world oil consumption this year by roughly 100,000 barrels a day to about one million a day.

Trade war erodes oil demand as Opec+ boosts supply: IEA

A slower pace of oil deliveries in recent months prompted the IEA to trim forecasts for this year’s consumption growth

IEA has provided research and data to industrialised governments for more than half a century to guide policy on energy security, supply and investment.

IEA comes under pressure from former oil market chief to cut energy transition focus

IEA is under fire from the administration of US President Donald Trump for a shift in recent years towards a focus on clean energy policy

The IEA increased its 2025 global oil demand growth forecast to 1.1 million barrels per day (bpd) from 990,000 bpd last month, “largely in Asian countries due to the impact of China’s recent stimulus measures”.

IEA expects comfortably supplied oil market in 2025 despite demand hike

Opec+ is seeking to begin reviving output in 2025 after years of cuts

Energy security and affordability remain top priorities for South-east Asia, with the recent global energy crisis highlighting the region's vulnerability to fuel price shocks.

South-east Asia electricity demand growth to be the second-fastest in the world: IEA

The region is expected to add the equivalent of Singapore’s population to the urban population every year from now to 2050

South-east Asia as a whole attracts only 2 per cent of global clean energy investment despite accounting for 6 per cent of global GDP, 5 per cent of global energy demand and being home to 9 per cent of the world’s population, according to IEA's report.

South-east Asia needs to boost investments five-fold by 2035 to meet climate goals: IEA

SOUTH-EAST Asia needs to increase clean energy investments to US$190 billion, about five times the current level, by 2035 to achieve its climate goals, the International Energy Agency said on Tuesday.

“This year, global oil demand is very weak, much weaker than previous years, and we expect this will continue because of one word – China,” said Fatih Birol, the executive director of the IEA.

IEA says oil demand growth weakness to continue on China and EVs

GLOBAL oil demand growth will continue to weaken due to China’s economic slowdown and the rapid uptake of electric vehicles, according to the International Energy Agency (IEA).