For example, recent increases in
international energy prices have reduced the rate at which woodfuel users have been shifting to cleaner and more efficient fuels for cooking and heating (IEA, 2006).
Low
international energy prices have opened a window of opportunity for countries to move towards more efficient pricing of energy.
[i] Among the factors in the decrease are lower
international energy prices — particularly oil prices — and pricing reform.
The decrease in the value largely reflects lower
international energy prices of subsidised fuels since mid-2014, as the gap between international benchmark and end - user prices is closed by decreased international prices of energy, but it also incorporates the impact of pricing reform.
[i] According to IEA, this decrease is partly due to lower
international energy prices.
Not exact matches
Oil
prices might have bottomed as output in the United States and other non-OPEC producers is beginning to fall quickly and an increase in supply from Iran has been less than dramatic, the
International Energy Agency said on Friday.
Demand for oil is expected to drop in 2017, the
International Energy Agency said in a report on Wednesday, raising further problems for producers as they try to ramp up
prices.
On the flip side, «Saudi Arabia is losing its crown as its selling
prices in Asia haven't been attractive enough,» Gao Jian, an analyst at SCI
International, a Shandong - based
energy consultant, told Bloomberg back in June.
The six secondary sources used by OPEC are the
International Energy Agency, oil -
pricing agencies Platts and Argus, the U.S.
Energy Information Administration (EIA), consultancy Cambridge
Energy Research Associates (CERA) and industry newsletter Petroleum Intelligence Weekly (PIW).
Considering what the
International Energy Agency called an «exceptionally precarious» macroeconomic outlook next year, our low - end
price expectations may be too high.
Although much of the recent drop in oil
prices has been due to the prospect of higher exports from Iran in the coming months (the
International Energy Agency forecasts an extra 300,000 barrels a day by the end of March), the dumping of stored oil is essentially a short - term factor, and its influence on crude
prices should logically pass quite quickly.
The next few weeks will give investors an insight into whether the production cuts by OPEC and non-OPEC will be fully implemented and will be a crucial period for
prices of the commodity, according to a new monthly report by the IEA (
International Energy Agency).
Crude oil futures are at just over $ 44 / barrel, after the
International Energy Agency forecast
prices would stay in the doldrums through 2020.
Prices for crude oil, the world economy's most essential commodity, will need until 2020 to recover from the
price war unleashed last year by Saudi Arabia, the
International Energy Agency said Tuesday in its annual outlook for the global energy m
Energy Agency said Tuesday in its annual outlook for the global
energy m
energy market.
«From a pure demand perspective, the China risk is pretty much
priced in,» said Matt Parry, senior oil analyst at the
International Energy Agency in Paris, in an email.
Priced in yuan and traded on the Shanghai
International Energy Exchange, it's the first such Asian benchmark for oil deals.
In March this year, the
International Energy Agency (IEA) said that unless the industry approves fresh investments in new projects, global oil supply may be struggling to catch up with demand after 2020, which could result in a sharp jump in oil
prices.
Beijing is acutely aware of its
energy challenges, which include dependence on
international energy markets,
price volatility, regional
energy shortages, climate change and deteriorating ecosystems.
The
International Energy Agency that previously warned of lower for longer oil
prices and warned last year that the oil
price recovery was threatened by the possibility of weak demand now has changed its tune and is now saying that it is «mission accomplished» for OPEC as oil stocks shrink at a record pace.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity,
energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's
international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the Company; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; disruptions in information technology networks and systems; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's dividend payments on its Series A Preferred Stock; tax law changes or interpretations;
pricing actions; and other factors.
Some of the
price rises for Australia's important commodities, for example, signal
international pressure on steel
prices and non-oil
energy costs, and therefore a range of other
prices.
ENERGY: Benchmark U.S. crude oil futures added 28 cents to $ 45.11 in electronic trading in the New York Mercantile Exchange while Brent crude, the benchmark for
international oil
prices, fell 6 cents to $ 47.20 a barrel in London.
«Given China's preeminent role in the
international energy markets, the huge interest generated by the Shanghai Free Trade Zone and the
price differential between onshore and overseas
energy markets, the establishment of INE as an
international trading platform will have considerable significance both globally and regionally,» Linklaters says.
For all their official production measurements, OPEC uses an average of estimates from six «secondary sources», namely the
International Energy Agency (IEA), the oil -
pricing agencies Platts and Argus, the U.S.
Energy Information Administration (EIA), the oil consultancy Cambridge
Energy Research Associates (CERA) and the industry newsletter Petroleum Intelligence Weekly, as an impartial adjudicator as to whether their output quotas and production cuts are being met, to resolve any potential disputes that could arise if each member reported their own figures.
Energy prices differentials have a structural impact on
international trade.
Iran's new Petroleum Contract will be able to invite private companies and
international investors to finance and operate
energy assets at an attractive
price.
Energy prices make the newspaper front pages only occasionally, but they run across the whole
international economic agenda.
Guided by the fundamental indicators such as rise in
price of Gasoline, Gasoil and Brent crude on the
international oil market, the country's fuel stock as well as the fair - stability of the country's local currency against the U.S. Dollar; the Institute for
Energy Security (IES) sees fuel
prices primed to rise again on the local market by up to 2.5 %.
Russian oil companies have benefited greatly from rising
international oil
prices and the country has also succeeded in signing lucrative natural gas
energy supply deals with European countries.
Burning food crops for power is the worst use of scarce land imaginable, and has already led to a situation where there is a direct conflict between food and
energy: a significant proportion of the food -
price spike in 2008 (and a further spike in early 2011), which led to widespread hunger and bread riots in many poorer countries, was driven by crops being withdrawn from
international markets to produce biofuels for transport.
Solar panels could produce electricity at the same
price as coal - and natural gas - burning power plants by the end of this decade if countries direct resources at this rapidly advancing corner of the
energy industry, according to the Paris - based International Energy A
energy industry, according to the Paris - based
International Energy A
Energy Agency.
EIA predicts «much brighter prospects» for natural gas supply, keeping
prices at about $ 8 per million British thermal units by 2030, compared with the
International Energy Agency's outlook, which predicts $ 16 per million Btu by 2030, Gruenspecht said.
This, in turn, will help boost China's renewable
energy capacity and lift carbon
prices in the
international offset market, which is being oversupplied by carbon credits from the U.N. - run Clean Development Mechanism (CDM).
According to three new reports on «Promoting
International Energy Security» issued by the RAND Corporation, because the energy purchases made by the US Department of Defense are not large enough to influence world oil prices — despite DoD requiring considerable amounts of fuel to function — cutting fuel use is the only effective choice... Read
Energy Security» issued by the RAND Corporation, because the
energy purchases made by the US Department of Defense are not large enough to influence world oil prices — despite DoD requiring considerable amounts of fuel to function — cutting fuel use is the only effective choice... Read
energy purchases made by the US Department of Defense are not large enough to influence world oil
prices — despite DoD requiring considerable amounts of fuel to function — cutting fuel use is the only effective choice... Read more →
This webpage provides U.S. data projections related to
energy prices and supply and demand, as well as
international data projections related to
energy consumption.
And while it's true that
prices rise in the summer, Roger McKnight of
energy -
price specialists En - Pro
International says they don't generally go up before long weekends.
As both the IMF (
International Monetary Fund) and IEA (
International Energy Agency) consider the oil
price as a major input to global GDP estimates, and the IMF states the Read more -LSB-...]
The Shanghai
International Energy Exchange, a unit of Shanghai Futures Exchange, will be known by the acronym INE and will allow Chinese buyers to lock in oil
prices and pay in local currency.
John Kiemele, chief operating officer at
energy consultant En - Pro
International, says there are a few factors aggravating the
price spike this time around.
International equity markets posted a positive return in April, led by
energy stocks as oil
prices continued to rise over the month.
A recent analysis of climate plans by the
International Energy Agency in Paris concluded that it would take until 2025 or longer for a carbon price to reach a level sufficient to start driving big changes in energy technology, said Thomas Kerr, an analyst at the a
Energy Agency in Paris concluded that it would take until 2025 or longer for a carbon
price to reach a level sufficient to start driving big changes in
energy technology, said Thomas Kerr, an analyst at the a
energy technology, said Thomas Kerr, an analyst at the agency.
Also, in 2009 the
International Energy Agency concluded that theorized trajectories for raising the price of carbon - emitting energy would not nudge innovation efforts substantially until 2025 or
Energy Agency concluded that theorized trajectories for raising the
price of carbon - emitting
energy would not nudge innovation efforts substantially until 2025 or
energy would not nudge innovation efforts substantially until 2025 or later.
The Economics Ministry blames higher
energy prices for primary
energy resources in the
international commodity markets.
The Paris - based
International Energy Agency (IEA) calls Europe's «coal renaissance» a temporary phenomenon; it forecasts an increasing use of renewables, shuttering of coal plants, and a better balance between gas and coal
prices in the coming years.
That record production, combined with a new high for refinery throughput and 6.3 mbd of crude oil and refined product exports, narrowed the
price difference between U.S. and
international crude
prices last month and underscored the global impact of U.S.
energy.
In particular, a number of
energy resource - rich economies are of the opinion that the reference
price in their markets should be based on their cost of production, rather than
prices on
international markets as applied within this analysis.
The subsidy, in this case, is the opportunity cost of
pricing domestic
energy below
international market levels, i.e. the rent that could be recovered if consumers paid world
prices, adjusting for differences in variables such as transportation costs.
Belgium, France, and Japan from Seth Dunn, «King Coal's Weakening Grip on Power,» World Watch, September / October 1999, pp. 10 — 19; coal subsidy reduction in Germany from Robin Pomeroy, «EU Ministers Clear German Coal Subsidies,» Reuters, 10 June 2002; DOE, EIA,
International Energy Annual 2005 (Washington, DC: June — October 2007), Table E. 4; Craig Whitlock, «German Hard - Coal Production to Cease by 2018,» Washington Post, 30 July 2007; China, Indonesia, and Nigeria subsidy cuts from GTZ Transport Policy Advisory Service,
International Fuel
Prices 2007 (Eschborn, Germany: April 2007), p. 3.
Brent
prices have plunged by two - thirds to below $ 40 (U.S.) a barrel, and the
International Energy Agency says a recovery shouldn't be expected anytime soon.
Still, it was a key component of his acceptance piece, and whether or not the US throws itself into
international climate change negotiations with renewed vigour, or contemplates a domestic carbon
price, his success is certainly good news for the clean
energy industry.