Energy crisis reignites demand for oil and poses threat to climate targets, says IEA

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

United Kingdom Headlines News

United Kingdom Latest News,United Kingdom Headlines

International Energy Agency warns shortage of gas and coal could trigger oil market rebound

Global energy crisis could drive oil demand to above pre-pandemic levels as soon as next year, according to IEA.Global energy crisis could drive oil demand to above pre-pandemic levels as soon as next year, according to IEA.has reignited demand for oil, posing a threat to the world’s climate ambitions and the global economic recovery from Covid-19, according to the International Energy Agency .

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EU energy official says bloc must end reliance on foreign fossil fuelsKadri Simson points to Russia’s failure to increase gas supplies as reason to scale up renewables 흑암의 권세에서 사랑의 아들의 나라로 우리를 인도 메시아께서_오십니다 한국교회는_회개하라 TruthAboutRapture TruthAboutRapture 한국교회는_회개하라 메시아께서_오십니다 화평함을 이루어 나가야 합니다. 'Russia’s failure to boost short-term supplies'? Through what? The old dilapidated, not repaired for 30 years, Ukrainian gas pipeline which is at the moment working at the limit of its capacity? You do not want North Stream 2 . Ok, what do you want? It is UK & EU failure
Source: The Guardian - 🏆 84. / 53 Read more »

Glencore-backed CNG underpins deepening energy crisis as it seeks bids within daysInterpath Advisory has set a Friday deadline for bids for the SME supply division of CNG Group, which is backed by the commodities trading giant Glencore, Sky News learns.
Source: SkyNews - 🏆 35. / 67 Read more »

Fuel and household energy spending rises a fifth in a fortnight – Lloyds BankSeptember 24 saw the bank’s debit card users spend 125% more on fuel than on the same day in 2019, and the highest amount since records began in 2014.
Source: The Independent - 🏆 80. / 59 Read more »

Gas price crisis claims: Pure Planet and Colorado Energy cease tradingPure Planet and Colorado Energy have both ceased trading, Ofgem has confirmed today meaning 250,000 customers will have to be moved by the regulator to a different supplier.
Source: Daily Mail Online - 🏆 135. / 51 Read more »

UK energy crisis domino effect: 18 companies on brink of collapse after gas shipper failsTWO more UK energy firms have gone bust in the past 24 hours due to soaring wholesale gas prices and up to 18 utility companies are now also at risk as a major gas shipper falls into difficulty, an industry expert has warned.
Source: Daily Express - 🏆 26. / 68 Read more »

Colorado Energy and Pure Planet collapse as gas prices continue to soarPure Planet and Colorado Energy have become the latest energy suppliers to collapse after nine small firms went bust from the start of September due to 'record' energy prices
Source: The Mirror - 🏆 136. / 51 Read more »