Western members of the International Energy Agency (IEA) have agreed to release 400 million barrels of crude oil from their reserves to curb price increases amid the Iran war. The decision was unanimous.
BusinessThe war in and around Iran is causing the price of oil to skyrocket. On Monday, a barrel of North Sea oil (Brent) traded at a high of more than $115. Experts say the risk of lower growth and higher inflation is increasing.
BusinessRussia's oil export revenues fell in November to the lowest level since the invasion of Ukraine in 2022, according to the International Energy Agency (IEA).
BusinessAll students get an equal chance to increase their knowledge over the course of a year. Or not? A new study shows that some students remain at the same level of knowledge in grade 9 as they did in grade 8 – or even worsen their results.
SwedenOPEC countries have decided on a small increase in oil production, despite a surplus on the world market.
BusinessChina's expansion of charging stations for electric cars is at a frantic pace. The goal is to set up 800 new ones – every day.
CarsThe surplus of oil will be record-large in 2026 and larger than previously calculated, writes the International Energy Agency (IEA) in its monthly report.
BusinessDemand for oil in 2026 is estimated at 104.6 million barrels per day by the Paris-based International Energy Agency IEA. This is an increase compared to the previous forecast, which was 104.4 million barrels per day.
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