• Electricity
    • Nuclear
    • Thermal
    • Coal
  • Natural Gas
    • Upstream
    • Shale/Unconventional
    • Downstream
    • Lng/Lpg
  • Oil
    • Upstream
    • Downstream
    • Refining/Petro Chemistry
    • Transportation/Fuel Oil
  • Renewable
    • Wind
    • Solar
    • Hydro
    • Geothermal/Biomass
  • Finance
    • Projects
    • Invesments
    • Stock Market
  • Regulation
    • Oil
    • Electricity
    • Natural Gas
    • Renewable
    • LPG
  • Energy Diplomacy
    • Energy Security
    • International Relations
    • International Organization
    • Energy Projects
  • World
    • Turkey
    • Europe
    • Eurasia
    • Asia
    • Americas
    • Middle East-Africa
  • Reports
  • other
    • News from companies
    • Energy Meetings
    • Video
  • Türkçe
  • English

Anadolu AgencyAnadolu Agency

  • Log Out
  • Anadolu Agency
  • Electricity
    • Nuclear
      Japan inches closer to starting contentious nuclear waste dump

      Japan inches closer to starting contentious nuclear waste dump

      US, Armenia sign civil nuclear pact, launch strategic dialogue

      US, Armenia sign civil nuclear pact, launch strategic dialogue

      IAEA said radiation levels in Chernobyl below level of concern

      IAEA said radiation levels in Chernobyl below level of concern

      Chernobyl nuclear disaster marks 36th anniversary amid Russia-Ukraine war

      Chernobyl nuclear disaster marks 36th anniversary amid Russia-Ukraine war

    • Thermal
      Spot market electricity prices for Wednesday, Aug. 11

      Spot market electricity prices for Wednesday, Aug. 11

      Turkey's daily power consumption up 2.97% on July 16

      Turkey's daily power consumption up 2.97% on July 16

      Spot market electricity prices for Tuesday, July 13

      Spot market electricity prices for Tuesday, July 13

      Turkey's daily power consumption down 7.96% on July 11

      Turkey's daily power consumption down 7.96% on July 11

    • Coal
      Rising energy prices could prompt demand for coal: Int. Energy Agency head

      Rising energy prices could prompt demand for coal: Int. Energy Agency head

      BHP sells coal company shares to Australian Stanmore for $1.35 billion

      BHP sells coal company shares to Australian Stanmore for $1.35 billion

      Russia in receipt of €63 billion for fossil fuels since start of war

      Russia in receipt of €63 billion for fossil fuels since start of war

      Global coal plant capacity under development down 13% but faster cuts needed

      Global coal plant capacity under development down 13% but faster cuts needed

  • Natural Gas
    • Upstream
      Spot market natural gas prices for Monday, Aug. 9

      Spot market natural gas prices for Monday, Aug. 9

      Eni announces oil discovery in Western Desert of Egypt

      Eni announces oil discovery in Western Desert of Egypt

      US produces, consumes record high natural gas in 2019

      US produces, consumes record high natural gas in 2019

      Nigeria's president launches new gas pipeline project

      Nigeria's president launches new gas pipeline project

    • Shale/Unconventional
      Spot market natural gas prices for Thursday, July 1

      Spot market natural gas prices for Thursday, July 1

      Spot market natural gas prices for Monday, March 8

      Spot market natural gas prices for Monday, March 8

      Spot market natural gas prices for Sunday Aug. 23

      Spot market natural gas prices for Sunday Aug. 23

      Spot market natural gas prices for Monday, March 2

      Spot market natural gas prices for Monday, March 2

    • Downstream
      Spot market natural gas prices for Thursday, July 8

      Spot market natural gas prices for Thursday, July 8

      Spot market natural gas prices for Wednesday, May 5

      Spot market natural gas prices for Wednesday, May 5

      Spot market natural gas prices for Monday, May 3

      Spot market natural gas prices for Monday, May 3

      Spot market natural gas prices for Tuesday, April 27

      Spot market natural gas prices for Tuesday, April 27

    • Lng/Lpg
      TotalEnergies and South Korea's Hanwha ink 15-year LNG deal

      TotalEnergies and South Korea's Hanwha ink 15-year LNG deal

      Turkiye's liquefied petroleum gas imports up 4.6% in February

      Turkiye's liquefied petroleum gas imports up 4.6% in February

      Global LNG trade up 4.5% in 2021 as economic recovery continues

      Global LNG trade up 4.5% in 2021 as economic recovery continues

      Italy's Eni, Congo Republic sign LNG deal

      Italy's Eni, Congo Republic sign LNG deal

  • Oil
    • Upstream
      Oil prices increase with tight inventories

      Oil prices increase with tight inventories

      Oil prices up by over 2% for week ending April 2

      Oil prices up by over 2% for week ending April 2

      Indonesia's Balongan refinery rocked by massive blast

      Indonesia's Balongan refinery rocked by massive blast

      ExxonMobil makes first discovery offshore Suriname

      ExxonMobil makes first discovery offshore Suriname

    • Downstream
      Oil prices increase with tight inventories

      Oil prices increase with tight inventories

      Oil prices down after rise in US oil inventories

      Oil prices down after rise in US oil inventories

      US oil rig count rises by 2 for week ending Jan. 22

      US oil rig count rises by 2 for week ending Jan. 22

      ExxonMobil makes first discovery offshore Suriname

      ExxonMobil makes first discovery offshore Suriname

    • Refining/Petro Chemistry
      Aramco to develop major refinery, petrochemical complex in China

      Aramco to develop major refinery, petrochemical complex in China

      Saudi Aramco signs crude supply deal with Egyptian petrochemicals firm

      Saudi Aramco signs crude supply deal with Egyptian petrochemicals firm

      Turkey's Tupras to invest $10B by 2050 as part of Strategic Transition Plan

      Turkey's Tupras to invest $10B by 2050 as part of Strategic Transition Plan

      Russian petchem giant SIBUR to boost investments to meet greater Turkish demand

      Russian petchem giant SIBUR to boost investments to meet greater Turkish demand

    • Transportation/Fuel Oil
      OMV sells filling stations in Germany for €485 million

      OMV sells filling stations in Germany for €485 million

      Philippines' inflation hits government target amid high fuel prices

      Philippines' inflation hits government target amid high fuel prices

      Energy, food crises growing in UK, expert says

      Energy, food crises growing in UK, expert says

      UK considers army assistance to deliver fuel at pumps amid shortage

      UK considers army assistance to deliver fuel at pumps amid shortage

  • Renewable
    • Wind
      Wind and solar power saves Turkiye $7 billion in gas imports in 12 months

      Wind and solar power saves Turkiye $7 billion in gas imports in 12 months

      South Korean CS Wind eyes offshore wind investment in Turkiye

      South Korean CS Wind eyes offshore wind investment in Turkiye

      South Korean CS Wind set to open second wind tower factory in Turkiye

      South Korean CS Wind set to open second wind tower factory in Turkiye

      Renewables set to break new record in 2022 despite supply chain challenges

      Renewables set to break new record in 2022 despite supply chain challenges

    • Solar
      Cero Generation combines power and agriculture in new solar plant in Italy

      Cero Generation combines power and agriculture in new solar plant in Italy

      Vodafone to power UK operations with local solar farm

      Vodafone to power UK operations with local solar farm

      Renewables set to break new record in 2022 despite supply chain challenges

      Renewables set to break new record in 2022 despite supply chain challenges

      Solar power to enter 'terawatt age' by May with record installations in 2021

      Solar power to enter 'terawatt age' by May with record installations in 2021

    • Hydro
      Hydro provides majority of Norway's power in March

      Hydro provides majority of Norway's power in March

      UAE seen as candidate to become EU’s hydrogen supplier

      UAE seen as candidate to become EU’s hydrogen supplier

      President Erdogan inaugurates huge Ilisu Dam in southeastern Turkey

      President Erdogan inaugurates huge Ilisu Dam in southeastern Turkey

      Ethiopia: TPLF on move to disrupt Ethiopian mega dam on Blue Nile

      Ethiopia: TPLF on move to disrupt Ethiopian mega dam on Blue Nile

    • Geothermal/Biomass
      bp, mining company Rio Tinto ink deal for one-year trial of marine biofuels

      bp, mining company Rio Tinto ink deal for one-year trial of marine biofuels

      World Bank's $300 million loan to boost Turkey's geothermal energy

      World Bank's $300 million loan to boost Turkey's geothermal energy

      Solid waste to be turned into resources in Gaziantep by UNDP supported plant

      Solid waste to be turned into resources in Gaziantep by UNDP supported plant

      Turkey accounts for over one tenth of global geothermal capacity

      Turkey accounts for over one tenth of global geothermal capacity

  • Finance
    • Projects
      Kazan Summit 2022 kicks off

      Kazan Summit 2022 kicks off

      Turkiye's fourth drilling ship arrives at Tasucu Port in Mersin on May 19

      Turkiye's fourth drilling ship arrives at Tasucu Port in Mersin on May 19

      bp and Linde to jointly develop carbon capture project in Texas

      bp and Linde to jointly develop carbon capture project in Texas

      Southeast Asia needs $190B a year by 2030 to meet climate goals

      Southeast Asia needs $190B a year by 2030 to meet climate goals

    • Invesments
      bp and Linde to jointly develop carbon capture project in Texas

      bp and Linde to jointly develop carbon capture project in Texas

      Southeast Asia needs $190B a year by 2030 to meet climate goals

      Southeast Asia needs $190B a year by 2030 to meet climate goals

      South Korean CS Wind eyes offshore wind investment in Turkiye

      South Korean CS Wind eyes offshore wind investment in Turkiye

      Metal prices to increase with growing demand in coming years: World Bank

      Metal prices to increase with growing demand in coming years: World Bank

    • Stock Market
      Spot market natural gas prices for Thursday, May 5

      Spot market natural gas prices for Thursday, May 5

      Nickel-free tech could boost EV uptake due to surging nickel costs

      Nickel-free tech could boost EV uptake due to surging nickel costs

      Nickel trade suspended on London Metal Exchange due to systems error

      Nickel trade suspended on London Metal Exchange due to systems error

      Spot market natural gas prices for Tuesday, Feb. 22

      Spot market natural gas prices for Tuesday, Feb. 22

  • Regulation
    • Oil
      Oil up on US inventory fall, UK vaccine approval

      Oil up on US inventory fall, UK vaccine approval

      Fitch reduces oil price forecast due to higher supply

      Fitch reduces oil price forecast due to higher supply

      S. Arabia, Iraq discuss efforts to stabilize oil market

      S. Arabia, Iraq discuss efforts to stabilize oil market

      US crude oil inventories fall for week ending Aug. 14

      US crude oil inventories fall for week ending Aug. 14

    • Electricity
      Spot market electricity prices for Friday, Dec. 4

      Spot market electricity prices for Friday, Dec. 4

      24/7 power with Turkey’s new mobile monitoring system

      24/7 power with Turkey’s new mobile monitoring system

      Turkey's daily power consumption up 3.28% on Sept. 8

      Turkey's daily power consumption up 3.28% on Sept. 8

      Sudan: Flashpoint Ethiopian dam not related to floods

      Sudan: Flashpoint Ethiopian dam not related to floods

    • Natural Gas
      Turkey's daily power consumption down 0.77% on Oct. 23

      Turkey's daily power consumption down 0.77% on Oct. 23

      Russian Lukoil starts Chashkino gas-turbine power plant

      Russian Lukoil starts Chashkino gas-turbine power plant

      Gazprom posts 26% loss in 1H20

      Gazprom posts 26% loss in 1H20

      Trump scraps Obama methane limits in oil, gas sectors

      Trump scraps Obama methane limits in oil, gas sectors

    • Renewable
      Turkiye's daily power consumption up 4.3% on May 24

      Turkiye's daily power consumption up 4.3% on May 24

      ADNOC, bp and Masdar ink deal for clean hydrogen development

      ADNOC, bp and Masdar ink deal for clean hydrogen development

      Wind and solar power saves Turkiye $7 billion in gas imports in 12 months

      Wind and solar power saves Turkiye $7 billion in gas imports in 12 months

      World's first hydrogen-producing offshore wind turbine gets GBP 9.3 million funding

      World's first hydrogen-producing offshore wind turbine gets GBP 9.3 million funding

    • LPG
      Turkey's LPG imports down 21.07% in January

      Turkey's LPG imports down 21.07% in January

      Pandemic reveals importance and reliability of LPG

      Pandemic reveals importance and reliability of LPG

      Turkish fund Oyak to buy Demiroren's auto fuel ops.

      Turkish fund Oyak to buy Demiroren's auto fuel ops.

      Turkey's LPG imports down over 19.02% in June 2019

      Turkey's LPG imports down over 19.02% in June 2019

  • Energy Diplomacy
    • Energy Security
      Germany’s zigzags on Ukraine policy spark criticism

      Germany’s zigzags on Ukraine policy spark criticism

      Russia-dependent Europe learns necessary lesson on energy security: Official

      Russia-dependent Europe learns necessary lesson on energy security: Official

      Turkey ready to cope with greater energy demand in winter

      Turkey ready to cope with greater energy demand in winter

      Turkey to modernize irrigation system, farming to save water

      Turkey to modernize irrigation system, farming to save water

    • International Relations
      Oil prices up with tight global supply

      Oil prices up with tight global supply

      TotalEnergies and South Korea's Hanwha ink 15-year LNG deal

      TotalEnergies and South Korea's Hanwha ink 15-year LNG deal

      1100th anniversary of adoption of Islam by Volga Bulgaria celebrated in Tatarstan

      1100th anniversary of adoption of Islam by Volga Bulgaria celebrated in Tatarstan

      13th Kazan Summit 2022 gathers over 6,000 visitors from 64 countries

      13th Kazan Summit 2022 gathers over 6,000 visitors from 64 countries

    • International Organization
      Turkiye and Tatarstan to support small and medium businesses

      Turkiye and Tatarstan to support small and medium businesses

      Rising energy prices could prompt demand for coal: Int. Energy Agency head

      Rising energy prices could prompt demand for coal: Int. Energy Agency head

      13th Kazan Summit 2022 gathers over 6,000 visitors from 64 countries

      13th Kazan Summit 2022 gathers over 6,000 visitors from 64 countries

      EU ban on Russia could affect 3M barrels crude per day: Fitch

      EU ban on Russia could affect 3M barrels crude per day: Fitch

    • Energy Projects
      World's first hydrogen-producing offshore wind turbine gets GBP 9.3 million funding

      World's first hydrogen-producing offshore wind turbine gets GBP 9.3 million funding

      Digital platform VerdeYu to meet hybrid staffing needs in renewable energy

      Digital platform VerdeYu to meet hybrid staffing needs in renewable energy

      Eni, Air Liquide to team up to decarbonize hard-to-abate industries in Europe

      Eni, Air Liquide to team up to decarbonize hard-to-abate industries in Europe

      Lukoil increases its share in Shah Deniz gas field

      Lukoil increases its share in Shah Deniz gas field

  • World
    • Turkey
      First welding for Black Sea natural gas pipelaying to start in July

      First welding for Black Sea natural gas pipelaying to start in July

      New company launches up 25.5% in Turkiye during April

      New company launches up 25.5% in Turkiye during April

      Spot market electricity prices for Saturday, May 28

      Spot market electricity prices for Saturday, May 28

      Turkiye's daily power consumption up 2.32% on May 26

      Turkiye's daily power consumption up 2.32% on May 26

    • Europe
      Germany’s zigzags on Ukraine policy spark criticism

      Germany’s zigzags on Ukraine policy spark criticism

      UK introduces tax on oil and gas companies

      UK introduces tax on oil and gas companies

      TotalEnergies and South Korea's Hanwha ink 15-year LNG deal

      TotalEnergies and South Korea's Hanwha ink 15-year LNG deal

      Wintershall Dea divests shares in Norwegian oil fields

      Wintershall Dea divests shares in Norwegian oil fields

    • Eurasia
      Oil prices up with tight global supply

      Oil prices up with tight global supply

      Lithuania halts Russian energy exports from Sunday

      Lithuania halts Russian energy exports from Sunday

      Rosneft says Germany's Schroeder steps down from board

      Rosneft says Germany's Schroeder steps down from board

      Gazprom to halt gas supply to Finland on May 21

      Gazprom to halt gas supply to Finland on May 21

    • Asia
      TotalEnergies and South Korea's Hanwha ink 15-year LNG deal

      TotalEnergies and South Korea's Hanwha ink 15-year LNG deal

      Electric car sales hit record high of 6.6 million in 2021

      Electric car sales hit record high of 6.6 million in 2021

      1100th anniversary of adoption of Islam by Volga Bulgaria celebrated in Tatarstan

      1100th anniversary of adoption of Islam by Volga Bulgaria celebrated in Tatarstan

      13th Kazan Summit 2022 gathers over 6,000 visitors from 64 countries

      13th Kazan Summit 2022 gathers over 6,000 visitors from 64 countries

    • Americas
      Top Biden officials in Saudi Arabia for talks on oil ahead of planned visit

      Top Biden officials in Saudi Arabia for talks on oil ahead of planned visit

      US sanctions Russia-backed Iranian oil smuggling, money laundering network

      US sanctions Russia-backed Iranian oil smuggling, money laundering network

      US crude oil inventories down 0.2% for week ending May 20

      US crude oil inventories down 0.2% for week ending May 20

      Oil prices up with tight global supply

      Oil prices up with tight global supply

    • Middle East-Africa
      Top Biden officials in Saudi Arabia for talks on oil ahead of planned visit

      Top Biden officials in Saudi Arabia for talks on oil ahead of planned visit

      ADNOC, bp and Masdar ink deal for clean hydrogen development

      ADNOC, bp and Masdar ink deal for clean hydrogen development

      Saudi Arabia plans to boost output by 1 million barrels per day: Energy minister

      Saudi Arabia plans to boost output by 1 million barrels per day: Energy minister

      Saudi oil giant Aramco reports over 80% profit rise in 1Q22

      Saudi oil giant Aramco reports over 80% profit rise in 1Q22

  • Reports
  • other
    • News from companies
    • Energy Meetings
    • Video
  • Log in

US Federal Reserve keeps interest rate unchanged

- ‘Progress on vaccinations has reduced the spread of COVID-19 in the US,’ central bank says

home > Americas 17.06.2021 09:47 Övunç Kutlu

US Federal Reserve keeps interest rate unchanged

The US Federal Reserve said Wednesday that it kept its benchmark interest rate unchanged between the 0.00% - 0.25% range.

'Progress on vaccinations has reduced the spread of COVID-19 in the US,' it said.

The Fed removed that the virus 'is causing tremendous human and economic hardship across the US and around the world,' from its previous statement.

'Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook remain,” was added.

The central bank reiterated that it will allow inflation to run above 2% for some time until labor market conditions improve and maximum employment is achieved.

The Fed also noted it will continue its asset purchase program to relieve the world's largest economy, in which the central bank buys at least $120 billion of bonds every month.

By Ovunc Kutlu

Anadolu Agency

energy@aa.com.tr




related news

China slashes mortgage lending rate by record
Oil down as uncertainties over new variant trigger investor caution
Oil down on demand pressure from new COVID-19 variant
G20 leaders agree on 1.5C global warming target
World in midst of 'uneven and unsustainable' economic recovery, IEA says
Pandemic-related waste raises alarm over environmental health: Expert
Facebook Facebook Twitter Google LinkedIn

Top Biden officials in Saudi Arabia for talks on oil ahead of planned visit

- White House Middle East coordinator and State Department’s energy envoy arrived in Saudi Arabia on Tuesday to meet with senior Saudi officials
26.05.2022 Oil , World , Americas , Middle East-Africa

US sanctions Russia-backed Iranian oil smuggling, money laundering network

- Network led by officials of Iran's Revolutionary Guards, backed by senior levels of Russian government, says US Treasury
26.05.2022 Oil , Americas

US crude oil inventories down 0.2% for week ending May 20

- Commercial crude oil stocks fall by 1 million barrels, against market expectation of 690,000 barrel draw
26.05.2022 Oil , Americas

Oil prices up with tight global supply

- EU agreement on Russian crude ban could be finalized by May 30, European Council President Charles Michel says
26.05.2022 Oil , International Relations , Eurasia , Americas

Electric car sales hit record high of 6.6 million in 2021

- Despite rise, IEA says that more efforts are needed to anticipate supply chain bottlenecks and boost critical mineral production to support sales growth
25.05.2022 Electricity , Asia , Americas

Canada bans Huawei from participating in country’s 5G wireless networks

- China's ZTE also prohibited from competing in Canada's 5G network installation
20.05.2022 Asia , Americas , General

Brent oil prices slightly up on hopes of higher demand due to peak season

- Currently declining cases in Shanghai prompted hopes for better oil demand in China
20.05.2022 Oil , Asia , Americas , General

Brent oil prices up on hope of stronger Chinese demand

- Declining Omicron cases in Shanghai boosts hopes for rising oil demand
19.05.2022 Oil , Finance , Asia , Americas

Venezuela hopes for 'absolute lifting' of sanctions by US

- Maduro administration confirms reports that Washington plans to authorize US, European oil companies to resume operations in Venezuela
18.05.2022 World , Americas

US oil rig count up by 6 for week ending May 13

- Number of US oil rigs rises by 211 compared to one year ago
15.05.2022 Oil , Americas , General

US crude oil inventories up 2% for week ending May 6

- Commercial crude oil stocks increase by 8.5 million barrels, against market expectation of 457,000-barrel draw
12.05.2022 Oil , Americas

Oil and gas companies gamble on emission mitigation technologies

- Net zero targets are not enough for companies to be aligned with Paris, report warns
12.05.2022 Natural Gas , Oil , International Relations , Europe , Asia , Americas

Oil prices fall as global inflation rates solicit concern

- Ongoing Covid-19 lockdowns in China, world's top crude importer, continue to weigh on oil prices as demand for fuel drops
12.05.2022 Oil , Europe , Asia , Americas

US to temporarily suspend tariffs on Ukrainian steel for 1 year

- Steel mills must be able to export to continue as economic lifeline for Ukrainian people, US commerce secretary says
11.05.2022 World , Europe , Americas

US oil rig count up by 5 for week ending May 6

- Number of US oil rigs rises by 213 compared to one year ago
09.05.2022 Oil , Americas

US crude oil inventories up 0.3% for week ending April 29

- Commercial crude oil stocks increase by 1.3 million barrels, against market expectation of 1.16 million-barrel drop
05.05.2022 Oil , Americas

Oil prices rise on larger than expected drop in US oil stocks

- European Commission expected to announce details of EU's sanction plans against Russia later today
04.05.2022 Oil , Europe , Eurasia , Americas

TotalEnergies starts production on Mero-1 oil field

- Company plans three additional development phases scheduled between 2023 and 2025
04.05.2022 Oil , Americas

Chevron launches new renewable fuel feedstocks joint venture

- Bunge to contribute soybean processing facilities while Chevron will contribute approximately $600 million in cash to joint venture
04.05.2022 Renewable , Invesments , Americas

US, Armenia sign civil nuclear pact, launch strategic dialogue

- Top diplomats further discussed 'ongoing dialogue between Armenia and its neighbors,' says State Department
03.05.2022 Nuclear , International Relations , Asia , Americas

Chevron posts $6.3 billion earnings for 1Q22

- Total revenues and other income of Chevron reach $54.37 billion for first quarter
02.05.2022 Natural Gas , Oil , Projects , Invesments , Americas

ExxonMobil 1Q22 earnings $3.4B lower due to Russia exit

- Total revenues and other income of company reach $90.50 billion in first-quarter
03.05.2022 Natural Gas , Oil , Invesments , Americas

US oil rig count up by 3 for week ending April 29

- Number of US oil rigs rise by 210 compared to one year ago
02.05.2022 Oil , Finance , Americas

TotalEnergies expands US renewable portfolio with solar company acquisition

- Company has global target of achieving 100 GW of renewable projects in operation by 2030
28.04.2022 Renewable , Europe , Americas

Shell and TotalEnergies buy shares in Brazil's Atapu oil and gas field

- Petrobras holds majority share at 52.5% while Shell and TotalEnergies have 25% and 22.5%, respectively
28.04.2022 Finance , International Relations , Europe , Americas

US crude oil inventories up 0.2% for week ending April 22

- Commercial crude oil stocks increase by 700,000 barrels, against market expectation of 2.16 million-barrel rise
28.04.2022 Oil , Americas

Changes seen in hydrocarbon trade as countries compensate for Russian supply losses

- EU picks up more oil and gas from Middle East and US, while more volumes from West Africa and Latin America make their way to US
28.04.2022 Natural Gas , Europe , Americas

Oil up over escalating supply woes as Russia halts gas to Poland, Bulgaria

- US crude oil inventories are expected to rise by over 4.78 million barrels, limiting further price increases
27.04.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil up despite low China demand over COVID-19 lockdowns

-Russia-Ukraine war, however, continues to put upward pressure on prices, raising supply fears
27.04.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US oil rig count up by 1 for week ending April 22

- Number of US oil rigs rise by 206 compared to one year ago
26.04.2022 Oil , Americas

Oil prices drop almost $7 with weaker global growth in w/e April 22

- Brent crude trades at $106.57 per barrel at 1005 GMT on Friday, marking $7 drop from Monday's closing of $113.16
22.04.2022 Oil , Americas , Middle East-Africa

Oil down from potential US interest rate hike, weak economic growth rates

- Higher US interest rate means higher US dollar rate and more expensive oil trade for buyers holding other currencies
25.04.2022 Oil , Asia , Americas

Baker Hughes acquires firm to advance next-generation carbon capture tech.

- Investments in developing carbon capture and removal technologies necessary to meet climate goals
21.04.2022 Invesments , Renewable , Americas

US crude oil inventories down 1.9% for week ending April 15

- Commercial crude oil stocks decrease by 8 million barrels, against market expectation of 2.5 million-barrel rise
21.04.2022 Oil , Americas

US crude oil inventories up 2.3% for week ending April 8

- Commercial crude oil stocks increase by 9.4 million barrels, more than market expectation of 1.4 million-barrel rise
14.04.2022 Oil , Americas

Oil volatile with stalemate in Russia-Ukraine talks, rise in demand risks

- Conflict in Ukraine, OPEC+ output decisions, rate at which US oil and natural gas producers increase drilling are main drivers of price uncertainties in 2022
14.04.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Biden to unveil homegrown biofuels to mitigate oil price hike

- US Department of Agriculture to provide up to $700M funding through new biofuel producer program
13.04.2022 Americas

US energy agency revises down oil price forecast for 2022

- International benchmark Brent crude now estimated to average $103.37 per barrel in 2022 and $92.57 per barrel in 2023
13.04.2022 Oil , World , Americas

Oil up as China eases pandemic restrictions, OPEC warns of supply risks

- OPEC warns EU that sanctions on Russia could create severe oil supply shocks, the supply gap from which would be impossible to replace
13.04.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil down with weakening demand in China and release of emergency reserves

- Investors await supply and demand data from OPEC on Tuesday and International Energy Agency on Wednesday
11.04.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US oil rig count up by 13 for week ending April 8

- Number of US oil rigs rise by 209 compared to one year ago
10.04.2022 Oil , Americas

US Congress revokes Russia’s 'most favored nation' status; bans oil, gas

- 2 bills clear House floor after unanimously passing in Senate
08.04.2022 Oil , World , Eurasia , Americas

US crude oil inventories up 0.6% for week ending April 1

- Commercial crude oil stocks increase by 2.4 million barrels, against market expectation of 1.6 million barrel fall
07.04.2022 Oil , World , Americas

Chevron joins Global Centre for Maritime Decarbonization

- Company aims to help create scalable lower-carbon technologies, such as those that enable use of ammonia as a maritime fuel
07.04.2022 World , Europe , Americas

Limiting global warming to 1.5°C beyond reach without deep emissions reductions

- Options in all sectors available to at least halve emissions by 2030 but major energy sector transitions are required, IPCC scientists say
05.04.2022 Renewable , International Organization , Europe , Americas

US oil rig count up by 2 for week ending April 1

- Number of US oil rigs rise by 196 compared to one year ago
02.04.2022 Oil , Americas

Biden announces historic oil reserve release 'to ease the pain'

- US to release 1M barrels of oil per day for 6 months, US president says
01.04.2022 Oil , Americas

Oil slightly down as investors weigh impact of huge US emergency oil release

-Member countries of International Energy Agency are expected to meet later on Friday to discuss further release of crude oil from emergency stocks
01.04.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil down as US due to announce massive oil release from emergency stocks

- Country is currently holding 568.3 million barrels of crude oil in its reserves
31.03.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US crude oil inventories down 0.8% for week ending March 25

- Commercial crude oil stocks decrease by 3.4 million barrels, against market expectation of 1.6 million barrel fall
31.03.2022 Oil , Americas

Oil down over weakening demand in China, ongoing Russia-Ukraine talks

- Investors are monitoring upcoming meeting of major oil producers of OPEC+ group, of which Russia is a member
30.03.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil down over lingering demand fears from Chinese lockdown

-Home to over 28 million people, Shanghai will be locked down for eight days
29.03.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US oil rig count up by 7 for week ending March 25

- Number of US oil rigs rise by 207 compared to one year ago
26.03.2022 Oil , Americas

Biden's LNG export pledge to Europe corresponds to Russia's annual LNG export share

- Russia's annual volume of 15 billion cubic meters of LNG last year equals Biden's planned additional volume to Europe
26.03.2022 Lng/Lpg , World , Europe , Americas

Under new deal, US to supply more liquefied gas to EU

- EU, US strike deal on additional 15 billion cubic meters liquefied natural gas to curb dependence on Russian energy
26.03.2022 Lng/Lpg , World , Europe , Americas

US, Europe's natural gas 'hope' to lead LNG exports by year end

- Currently 6 LNG terminals are operating in US, but more terminal expansions and new terminals are planned
25.03.2022 Natural Gas , Energy Diplomacy , Europe , Americas , General

US, allies announce new sanctions on Russia over Ukraine war

- White House says 600 Russian targets have been sanctioned by US since beginning of war in Ukraine
25.03.2022 World , Eurasia , Americas

Oil prices down after $2+ rise in earlier trade fueled by supply worries

- Possibility of positive outcome on Iran nuclear talks limits price increases
24.03.2022 Oil , Europe , Americas , Middle East-Africa

US crude oil inventories down 0.6% for week ending March 18

- Commercial crude oil stocks decrease by 2.5 million barrels, against market expectation of 25,000-barrel rise
24.03.2022 Oil , Americas

US puts onus on Iran to decide to return to nuclear deal

- An agreement is neither imminent, nor is it certain, says State Department spokesman
23.03.2022 Nuclear , International Relations , Americas , Middle East-Africa

Oil jumps amid reports of possible EU sanctions on Russian oil sector

- International Energy Agency last week suggested that 10 practical, energy efficiency measures could cut 2.7 million barrels per day of oil
21.03.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US oil rig count down by 3 for week ending March 18

- Number of US oil rigs rise by 206 compared to one year ago
21.03.2022 Oil , Americas

US crude oil inventories up 1.1% for week ending March 11

- Commercial crude oil stocks increase by 4.3 million barrels, against market expectation of 1.9 million barrel fall
20.03.2022 Oil , Americas

Oil prices show gains on hopes of successful outcome to Ukraine-Russia talks

- Prices drop as low as $96.44 a barrel during previous session
17.03.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil down on easing supply fears with upcoming talks between Russia and Ukraine

- Price fall comes after highly volatile market last week, with Brent hitting over $139 a barrel
15.03.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US oil rig count up by 8 for week ending March 11

- Number of US oil rigs rise by 218 compared to one year ago
14.03.2022 Oil , Americas

As US scrambles to find alternatives to Russian oil, experts see Iran as best option

- Venezuelan oil industry has been struggling with technical difficulties, but Iran has never stopped output after US sanctions in 2018, experts say
14.03.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil edges higher as supply risks endure over Russia-Ukraine war

- Highly volatile prices with ongoing Russia-Ukraine war are capped with prospect of no further oil embargoes
12.03.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Eight LNG cargoes to arrive in Turkiye in March

- Turkiye, as part of its energy plan to ensure natural gas storage is fully stocked, is purchasing LNG to avoid supply shortages
10.03.2022 Lng/Lpg , Turkey , Americas , General

US House of Representatives passes bill banning Russian oil, other energy imports

- Bill passes with 414 votes in favor, 17 against
10.03.2022 Natural Gas , Oil , Americas

US crude oil inventories down 0.5% for week ending March 4

- Commercial crude oil stocks decrease by 1.9 million barrels, against market expectation of 833,000-barrel fall
10.03.2022 Oil , Americas

US energy agency revises up oil price forecast for 2022

- International benchmark Brent crude now estimated to average $105.22 per barrel in 2022 and $88.98 per barrel in 2023
10.03.2022 Oil , Americas

Biden's bold move to ban Russian oil comes with costs: expert

- Americans will expect the US to produce more oil and gas domestically, says Richard Kauzlarich
10.03.2022 Oil , Finance , Eurasia , Americas , General

Oil prices gain after US move to ban Russian oil

- Following US announcement of plan to ban Russian oil, prices jump nearly 5% despite prospect of limited impact on US supplies
10.03.2022 Oil , World , Europe , Americas

US bans oil, gas, energy imports from Russia amid war in Ukraine: Biden

- Many of our European allies and partners may not be in a position to join us, US president says
09.03.2022 Oil , World , Americas

US gasoline prices hit highest levels in 10 years

- Average price up almost 40% from last year
06.03.2022 World , Americas

US oil rig count down by 3 for week ending March 4

- Number of US oil rise fall by 209 compared to one year ago
06.03.2022 Oil , World , Americas

Oil price gains exceed 20% since beginning of Russia-Ukraine war

- Supply concerns play crucial role in historic high oil price levels
04.03.2022 Oil , World , Europe , Americas

US crude oil inventories down 0.6% for week ending Feb. 25

- Commercial crude oil stocks decrease by 2.6 million barrels, against market expectation of 2.8-million barrel rise
03.03.2022 Oil , Americas

Brent climbs towards $100 over escalating Russia-Ukraine crisis

- Experts say OPEC+ group may have to agree to step up output to calm global oil market
28.02.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

OPEC+ under pressure to pump more oil due to supply risks from Russia-Ukraine crisis

-Experts warn of record price surges if OPEC+ insists on current production levels
28.02.2022 Oil , International Organization , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US oil rig count up by 2 for week ending Feb. 25

- Number of US oil rigs rise by 213 compared to one year ago
27.02.2022 Oil , Americas

Oil up over supply worries after fresh sanctions on Russia

- Rising tension in Eastern Europe, coupled with new sanctions on Russia, is raising fears of supply disruptions, pushing prices higher
26.02.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US crude oil inventories up 1.1% for week ending Feb. 18

- Commercial crude oil stocks increase by 4.5 million barrels, compared to market expectation of 767,000-barrel rise
25.02.2022 Oil , World , Americas

Oil prices surge over escalating Ukraine-Russia tension

-Prices surge more than $4 a barrel with Brent briefly hitting over $100 a barrel
24.02.2022 Oil , World , Europe , Eurasia , Asia , Americas

US is largest LNG supplier of EU in 2021

-US supplies 26% of LNG demand in Europe last year while Qatar supplies 24% and Russia 20%
24.02.2022 Natural Gas , World , Europe , Americas

Oil prices stabilize over softer-than-expected sanctions on Russia

-Possible return of Iranian oil also caps price rises
23.02.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices climb over growing tensions in Ukraine

- More rises expected in event of supply disruptions after Russia’s decision to recognize sovereignty of Ukraine’s Donetsk and Luhansk regions
22.02.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil down with Ukraine crises, Iran nuclear deal nearing completion

- Up to 900,000 barrels per day of crude oil could be released if Iran returns to market
21.02.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US oil rig count up by 10 for week ending Feb. 18

- Number of US oil rigs rise by 248 compared to one year ago
20.02.2022 Oil , Americas

Oil prices continue descent as US-Iran talks near end

- Conclusion to nuclear talks could lead to Iranian oil supplies returning to global market
19.02.2022 Oil , International Relations , Americas , Middle East-Africa

Oil prices retreat on positive progress in US-Iran talks

- US commercial crude oil inventories rise by 1.1 million barrels against expectation of 1.8 million-barrel draw
17.02.2022 Oil , International Relations , Americas , Middle East-Africa

US crude oil inventories up 0.3% for week ending Feb. 11

- Commercial crude oil stocks increase by 1.1 million barrels, compared to market expectation of 1.8 million-barrel drop
17.02.2022 Oil , World , Americas

Japan to release oil from reserves in line with US request

- Move is part of US initiative to release 50M oil barrels from Strategic Petroleum Reserves, a move supported by China, India, Japan, South Korea and UK
17.02.2022 Oil , World , Asia , Americas

Oil retreats as investors gauge Russian threat in Ukraine

- Both benchmarks fell more than 3% after Russia announced a partial removal from its border with Ukraine on Tuesday
16.02.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

2.2M barrels per day of US oil could be triggered by 2023 if oil hits $100

- High oil prices are encouraging operators to raise production as supply from sources outside US remains tight, Rystad Energy says
16.02.2022 Oil , World , Americas

Oil prices to hit over $100 per barrel in 2022: Analysts

- Declining OPEC+ spare capacity poses threat for oil market while tension in Eastern Europe exerts additional price pressure, says Int. Energy Agency
16.02.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil down over rising investor appetite for profit-taking

- Mounting tension in Eastern Europe continues to uphold high prices, while possible return of Iran to oil market limits further increases
16.02.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil up on fears of supply disruption in Eastern Europe

- OPEC+ spare capacity is not enough to compensate for supply disruptions, and exposes oil markets to more vulnerabilities while underpinning higher prices: IEA
15.02.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US oil rig count up by 19 for week ending Feb. 11

- Number of US oil rigs rise by 210 compared to one year ago
14.02.2022 Oil , Americas
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11

  • US Federal Reserve keeps interest rate unchanged
1 / 1

US Federal Reserve keeps interest rate unchanged

  • up
Anadolu Agency

Corporate

  • History
  • Editorial Guidelines
  • Social Media Policies
  • Executive Team
  • Domestic Offices
  • International Offices
  • Media Center
  • Contact
  • Quality Management
  • Privacy and Cookies Policy
  • Information Policy
  • Diary
  • Subscription Requests
  • Announcement Service

  • Company News
  • Finance Terminal
  • Anadolu Images
  • Energy Terminal
  • News Academy

mobile services

  • IPhone Application
  • IPad Application
  • Android Application
  • Windows Application
We use cookies in a limited and restricted manner for specific purposes. For more details, you can see "our data policy".
Accept
© Anadolu Agency
-