In its latest World Energy Outlook, the IEA’s scenario for oil prices forecast that the oil market would rebalance at $80 a barrel by 2020. [CNBC]

The El Nino weather system, combined with a  relatively warm winter in the Midwest and on the East Coast, could keep a lid on energy prices and potentially cap stock prices for natural gas companies. [U.S. News]

Renewable energy accounted for almost half of all new power plants in 2014, representing a “clear sign that an energy transition is underway”, according to the IEA. [The Guardian]