International Energy Agency (IEA)
The International Energy Agency (IEA) is the global energy authority, providing data, analysis and solutions on all fuels and all technologies. The group helps governments, industry and citizens make energy choices.
IEA's Fatih Birol said that, despite huge demand destruction, oil supply was nevertheless set to rise by another 3 million bbl/d as…
The plunging oil price is likely to put pressure on energy transition efforts to switch to renewables.
The downward revision came as oil prices dropped as much as third in their biggest one-day fall since the 1991 Gulf War.
Global and domestic initiatives facilitate emissions capture for storage and reuse in energy development.