A Greenpeace report indicates that oil refining margins have risen to their highest level since autumn 2022, leading to increased profits for oil derivative companies in Germany, as noted by the International Energy Agency.
The International Energy Agency's Secretary-General, Fatih Birol, announced that member countries' oil reserves are still sufficient and that additional releases could be made if necessary, following a record-breaking release agreement.
The International Energy Agency (IEA) stated it is open to releasing more oil from emergency reserves "if and when needed," noting that over 1.4 billion barrels would still remain.
BusinessReutersSCMPirozhlas+13NHK Worldorfel-mundoYahooTimes of Indiastraits-timesdh-les-sportsnaftemporiki+5 more3d ago16 sources
Member countries of the International Energy Agency (IEA) have decided to release an unprecedented total of 411.9 million barrels of oil from their strategic reserves, which are expected to enter global markets soon to mitigate the impact of the Middle East conflict.
Governments of IEA countries have pledged to make available 271.7 million barrels of oil from government reserves, 116.6 million barrels from industry's mandatory stocks and 23.6 million barrels from…
The International Energy Agency (IEA) has announced that Asian nations will immediately release emergency oil stocks in response to global energy market conditions.
The Aramco chief has warned of a 'catastrophic' impact on the oil market if the Strait of Hormuz remains closed, reiterating that Saudi Aramco could restore full production within days of its reopening.
Charts Show Middle East Shockwave Rippling Through Energy, Air Travel, And Freight Networks
The Middle East conflict has triggered what the International Energy Agency earlier described…
The International Energy Agency (IEA) is set to release 400 million barrels of oil, while Oracle has reported stronger-than-expected earnings for its third quarter.
The International Energy Agency (IEA) is calling for the 'physical protection' of cargo ships in the Strait of Hormuz, warning of a growing supply disruption if transport security is not guaranteed.
The International Energy Agency announced on Wednesday that it would release emergency oil reserves in an effort to soften the blow of supply disruptions in the Middle East, following the…
A Norwegian expert states that the International Energy Agency's crisis measures indicate the severe nature of the current situation, likely referring to energy or oil markets.
Danish Energy Minister Lars Aagaard confirmed his participation in the decision by the International Energy Agency to open its oil reserves, assuring the public that the country is not running out of oil.
Japan's Prime Minister announced that the country will release a portion of its oil reserves, anticipating a coordinated action led by the International Energy Agency.
G7 ministers have requested the International Energy Agency to assess the pros and cons of releasing strategic oil reserves as an emergency measure to control prices and ensure supply.
The former head of the International Energy Agency (IEA) has stated that 'the sky is the limit' as the market enters uncharted territory, suggesting significant growth potential.
The Executive Director of the International Energy Agency (IEA), Fatih Birol, stated in Brussels that there is "a lot of oil" on the markets due to an "enormous surplus," in p
The International Energy Agency (IEA) has given a vote of confidence to Greece's Vertical Corridor and enhanced LNG cooperation, considering them key initiatives to ensure energy supply security in Central Europe.
A news digest highlights the unveiling of the 'Prahaar' counter-terror policy, discussions around the International Energy Agency (IEA), and advancements in AI stack technology.
The Trump administration is threatening to leave the International Energy Agency unless it ceases its focus on climate change and publishing road maps for emissions reduction.
Big Tech Turns To Uranium As Data Center Power Demand Soars
Big Tech is considering supporting new uranium mining projects as companies need additional reliable power capacity for their huge data center expansion, according to the top executive of Canadian uranium miner NexGen Energy.
“It's coming. You've seen it with automakers. These tech companies, they're under an obligation to ensure the hundreds of billions that they are investing in the data centres are going to be powered,” NexGen Energy’s CEO Leigh Curyer said at a Melbourne Mining Club luncheon on Wednesday, as carried by Reuters.
As OilPrice reports, NexGen Energy, which is developing Canada’s largest uranium project, Rook I in Saskatchewan, has held early talks with technology companies over potential financing from data center developers, Curyer said.
The uranium developer has also discussed long-term uranium supply with data center firms.
Yet, potential funding or supply deals will not involve any changes to the control of NexGen Energy, the chief executive told Reuters.
Global electricity demand increased by 3% annually in 2025, following growth of 4.4% in 2024, the International Energy Agency (IEA) said in its recent Electricity 2026 report.
Between 2026 and 2030, the annual average growth rate would be 3.6%, driven by higher consumption from industry, electric vehicles (EVs), air conditioning, and data centers, according to the agency.
Artificial intelligence, data centers, and advanced manufacturing support the return to growth in power demand in advanced economies, the IEA said.
U.S. electricity demand rose by 2.1% in 2025 and is expected to grow by nearly 2% annually through 2030. The rapid expansion of data centers will drive half of the increase, the agency noted.
The U.S. is backing nuclear power generation to help meet rising electricity demand.
Nuclear energy will be one of the winners of the U.S. AI and data center boom, as Microsoft and other hyperscalers have been looking to purchase zero-carbon electricity to power up their data centers, which are consuming growing amounts of electricity.
Tyler Durden
Wed, 02/18/2026 - 11:45
The Spanish Council of Ministers has approved the immediate release of up to 11.5 million barrels of oil from national reserves, an operation coordinated with the International Energy Agency to mitigate price increases caused by the war in Iran and stabilize markets.
The International Energy Agency (IEA) is releasing 411.9 million barrels from its emergency oil reserves in response to a global alert regarding oil supply. Member countries are prepared to release further quantities if necessary, maintaining over 1.4 million barrels in emergency stocks.
Greek Minister of National Economy and Finance, Kyriakos Pierrakakis, is traveling to Paris to participate as a keynote speaker at the 14th annual Euronext conference and will meet with the head of the International Energy Agency.
The International Energy Agency (IEA) has announced that an additional 400 billion barrels of oil are expected to be released to the market soon, providing more details on the execution of a supply plan.
Over 400 million barrels of oil from the International Energy Agency's emergency reserves will begin to reach markets in the coming period, the institution announced in the most...
Member countries of the International Energy Agency (IEA) have decided to release a total of 411.9 million barrels of oil from their strategic reserves, which will soon be channeled into global markets.
Canadian Prime Minister Mark Carney and Norway's Jonas Gahr Støre emphasized energy stability during talks in Oslo as the Middle East war impacts global oil markets. Canada announced it will release 23.6 million barrels following an International Energy Agency call for coordinated action, adding to the pressure on energy markets as the conflict triggers emergency oil measures and policymakers warn of an Iran oil shock.
The International Energy Agency (IEA) reports that the Middle East war is causing the largest oil supply disruption in history, significantly impacting global energy markets.
Experts are advising Finland to open its oil reserves following a historic proposal by the International Energy Agency for a large-scale release of oil stockpiles.
The International Energy Agency reported that Russia's oil revenues fell to their lowest level since the full-scale invasion of Ukraine last month, though this trend could reverse due to the situation in the Middle East.
The International Energy Agency agreed to release 400 million barrels of oil from emergency reserves after the Iran war halted shipping through the Strait of Hormuz and drove global crude prices…
The price of oil again exceeded $100 per barrel in the early hours of Thursday. Decisions by countries and the International Energy Agency to release reserves of the raw material have not eased supply concerns, which...
Iran said the world should be ready for oil at $200 a barrel as its forces hit merchant ships on Wednesday and the International Energy Agency recommended a massive release of strategic reserves to…
alling briefly after reports came out that the International Energy Agency would release oil reserves, crude prices rebounded yesterday as markets expressed doubts the plan would push through and…
Stocks jumped and oil tumbled after the International Energy Agency (IEA) called an extraordinary meeting to decide on a Strategic Petroleum Reserve (SPR) release, with futures reversing some overnight losses as the US cash open approached.
Many countries, especially members of the International Energy Agency (IEA), maintain strategic oil reserves to cushion the fallout from economic shocks and could draw on them if the war in the Middle East endures.
Fatih Birol, Executive Director of the International Energy Agency, warned that turning back to Russia for gas supplies would be economically and politically wrong.
India has formally requested full membership in the International Energy Agency (IEA), a move that is described as a complex process due to various requirements and geopolitical considerations.
The head of the International Energy Agency (IEA) stated that more oil stocks could be released if necessary, indicating a readiness to stabilize global oil markets amidst ongoing geopolitical tensions.
Strategic oil reserves will be released “immediately” in Asia and Oceania, and as early as the end of March in America and Europe, the International Energy Agency said on Sunday.
Japan has decided to release oil from its strategic reserves, a move that comes as the International Energy Agency (IEA) is focusing on the Asia-Pacific region's response to the ongoing conflict in the Middle East. This decision highlights concerns about potential supply disruptions and price volatility stemming from the regional tensions.
The International Energy Agency announced that oil from strategic reserves will be released immediately in Asia and Oceania, with releases in America and Europe beginning at the end of March.
The International Energy Agency (IEA) has outlined plans for the release of 400 million barrels of oil from strategic reserves, aiming to alleviate the surge in global oil prices caused by the ongoing war.
Of the 400 million barrels released worldwide, the International Energy Agency (IEA) counts 172.2 million barrels from stocks in the Americas, nearly 110 million...
The International Energy Agency (IEA) has confirmed that the war in Iran is causing the 'greatest disruption' ever seen in the oil market, despite the release of emergency reserves, with Saudi Aramco's CEO warning of 'catastrophic consequences' for the global market.
G7 leaders have announced the record release of 400 million barrels of oil in response to the war in the Middle East. This represents about twenty days worth of usual oil traffic through the Strait of Hormuz, currently through dangerous to go through due to the threat of Iranian strikes. This initiative aims 'to calm markets down', as FRANCE 24's Philip Turle explains.
The International Energy Agency today authorized the largest release of oil reserves in its history to curb oil price increases due to US and Israeli attacks on Iran.
The oil market on Wednesday saw the strongest effort by far to ensure adequate global supplies of the commodity, but commodities guru Jeff Currie said the International Energy Agency’s decision to…
The International Energy Agency (IEA) has approved the release of 400 million barrels of oil to compensate for supply losses due to an "effective shutdown".
MANILA, Philippines — The Philippine National Police – Highway Patrol Group (PNP -HPG) ordered its patrol officers to save on fuel amid looming price hikes triggered by escalating tensions in the…
Finance ministers from leading industrial nations (G-7) held an emergency meeting with the International Energy Agency to discuss rising oil prices, which have been driven to new heights by the ongoing conflict between the USA, Israel, and Iran.
An emergency meeting of the G7 is scheduled to discuss the release of strategic oil reserves, which are part of an emergency system maintained by the International Energy Agency.
The 2026 International Energy Agency (IEA) Ministerial Meeting in Paris is noted as marking the end of an era of optimistic consensus and the beginning of a new era of energy geopolitical realism.
From a 13-month contract at the International Energy Agency (IEA) in 1995 to leading the institution that world leaders now consult for guidance, Fatih Birol plays a dominant role...
The U.S. has renewed its threat to leave the International Energy Agency (IEA) if the global energy watchdog does not move away from its net zero agenda, according to U.S. energy chief Chris Wright.
The U.S. energy chief has warned that the United States could withdraw from the International Energy Agency if the organization continues to prioritize climate issues.