Brazil has formalized its application to become a member of the International Energy Agency (IEA), an organization that "brings together the major energy consumers of the developed world," the OECD-affiliated body announced.
According to media reports, Brazilian Ambassador Sarquis J.B. Sarquis made…
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IEA forecasts increase in global oil production, led by three Latin American countries
The International Energy Agency (IEA) estimates that oil demand will continue to rise. In this context, production is expected to continue at this upward pace, reaching 5.8 million barrels per day, with a quarter coming from Argentina,…
Oil supply to be assured this year
According to the International Energy Agency (IEA) oil supply forecasts for 2025, the figures will be favorable.
Despite the impact on the sector of low demand from China, the agency “increased its forecast for growth in global oil demand…