International Energy Agency (IEA)’s Post

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The forces shaping global oil markets

The forces shaping global oil markets

International Energy Agency (IEA) on LinkedIn

Rodolfo Dourado Maia Gomes

Executive Director and Researcher at IEI Brasil - International Energy Initiative

3mo

It would be importat to include in the analysis the oil demanded by export-based product production in China. This would help to understand the share of oil demand that is embedded to meet the world's product purchase made in China (by Chinese and multinationals in China) compared to the oil demand embedded in products and services that is consumed in the Chinese domestic market. In summary, China is not demanding oil only for domestic purposes, but also as a giant world products exporter. As far as I could read in the report, this fact is not made explicit and, in my view, makes all the difference.

Mohammad Al Sabban

Senior Advisor to the Minister of Petroleum of Saudi Arabia

3mo

Those who are saying “ you are going against the wind, I think they are doing that trying by their unrealistic scenarios, including the IEA ones. They are mixing their wishful thinking with reality. Oil will continue to be a major source of energy mix for many decades to come. Stop the Climate lies!???

Douglas H.

I help people receive a passive income using the secrets of the wealthy.

3mo

I learned a long time ago that when a clock does not tell the correct time, it needs fixed or replaced. The IEA has been wrong on oil for at least 20 years. They consistently predict too low...much too low! While no one is perfect nor has a crystal ball to gaze into, it seems that they have swallowed the kool-aid of "no more oil".

Can Big Oil become Big Energy and stay on top? And for me the main question in the green agenda is what to do with coal?

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