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Live Updates  >  Live Update Details

2025-09-16 13:04:43

[International Energy Agency: The natural decline in global oil and gas field production is accelerating] The International Energy Agency (IEA) said on Tuesday that the natural decline in global oil and gas field production is accelerating due to the increasing reliance on shale oil and deep-sea resources. This means that companies need to accelerate investment to maintain stable production. The IEA said in a statement that its report warned that if investment in existing oil fields is not continued, the world will lose oil equivalent to the total oil production of Brazil and Norway each year, which will have an impact on markets and energy security.

Real-Time Popular Commodities

Instrument Current Price Change

XAU

 3658.04

13.77

(0.38%)

XAG

 42.236

0.443

(1.06%)

CONC

 62.67

-0.59

(-0.93%)

OILC

 66.95

-0.51

(-0.76%)

USD

 97.498

0.142

(0.15%)

EURUSD

 1.1768

-0.0017

(-0.14%)

GBPUSD

 1.3503

-0.0051

(-0.38%)

USDCNH

 7.1125

0.0058

(0.08%)

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