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Tag Archives: International Energy Agency

Russia, Saudi Arabia, Qatar and Venezuela agree to freeze oil output

Oil ministers from three OPEC countries, Saudi Arabia, Qatar and Venezuela, as well as Russia, have agreed to freeze oil output at January levels, as long as others follow suit. The announcement came after the four ministers met in Doha ...

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IEA: Economic outlook restrains impact of lower oil prices on demand, but refinery throughputs hit record high

Macroeconomic weakness continues to restrain global oil demand growth, the IEA Oil Market Report (OMR) for January told subscribers, with fourth quarter 2014 deliveries estimated just 0.6 million barrels per day (mb/d) above year-earlier levels. Despite lower prices, with Brent ...

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