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Türkiye's daily power consumption down 5.1% on Feb. 22
- Electricity exports amount to 15,544 megawatt-hours and imports total 431 megawatt-hours
23.02.2025
Electricity
Spot market electricity prices for Thursday, Feb. 20
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.78 billion Turkish liras
19.02.2025
Electricity
Oil prices rise with Saudi Aramco price hike
- Increase in price of Arab Light oil, largest since August 2022, supports global oil prices
06.02.2025
Oil
Oil prices fall as Trump suspends tariffs on Mexico, Canada
- OPEC+ maintains supply plans, continuing to increase supply by 120,000 barrels per day monthly from April
04.02.2025
Oil
Oil prices rise with US demand increase, Gaza cease-fire talks cap gains
- Israeli Prime Minister says progress on cease-fire depends on Hamas's response while US administration hopes to finalize deal this week
15.01.2025
Oil
Oil prices slide with profit-taking after rallying to 3-month high
- News reports suggest ongoing conflict between Israel and Palestine close to a ceasefire
14.01.2025
Oil
Türkiye aims to triple electricity interconnection with neighboring markets
- Regional interconnections and cooperation are crucial to enhance stability and foster development, Turkish energy minister says
13.01.2025
General
Oil sees weekly rise as cold weather boosts demand, supply concerns persist
- Reduced supply from Russia and OPEC members and higher demand caused by cold weather raise prices
10.01.2025
Oil
Spot market natural gas prices for Thursday, Jan. 9
- 1,000 cubic meters of natural gas on spot market costs 12,228.93 Turkish liras
10.01.2025
Natural Gas
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Spot market electricity prices for Saturday, Jan. 11
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.60 billion Turkish liras
10.01.2025
Electricity
Oil rises on strong US demand, Biden's offshore drilling ban
- Trump's vow to swiftly revoke outgoing president Biden's ban on offshore oil and gas drilling limits further price increase
08.01.2025
Oil
Oil down amid slowing economic activity, lower demand
- Recession concerns in major economies heighten fears of slowing global oil demand, pushing prices lower
06.01.2025
Oil
Spot market electricity prices for Monday, Jan. 6
- Energy Exchange Istanbul (EXIST) data on Friday shows electricity market trade amounts to 1.76 billion Turkish liras
05.01.2025
Electricity
Türkiye's daily power consumption down 3.7% on Jan. 4
- Electricity exports amount to 15,862 megawatt-hours and imports total 200 megawatt-hours
05.01.2025
Electricity
Oil prices rise amid strong demand outlook in US and China
- Chinese economy rebounds, on an upward trajectory, China's President Xi Jinping says
02.01.2025
Oil
Türkiye's energy import bill up 8.8% in November
- At $5.73 billion, energy accounts for 19.3% of overall import figures in Türkiye in November
Spot market electricity prices for Monday, Dec. 30
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.58 billion Turkish liras
29.12.2024
Electricity
Spot market natural gas prices for Saturday, Dec. 28
-1,000 cubic meters of natural gas on spot market costs 12,491.18 Turkish liras
29.12.2024
Natural Gas
Türkiye's daily power consumption down 4.1% on Dec. 28
- Electricity exports amount to 18,314 megawatt-hours and imports total 853 megawatt-hours
29.12.2024
Electricity
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Oil falls as Fed adopts cautious stance on future rate cuts, strengthening dollar
- Concerns that demand will decline in China, world's largest oil importer, continue to pressure prices
20.12.2024
Oil
Oil prices up with US inventory drawdown, Fed rate cut
- Economy continues to grow at steady pace, labor market conditions ease, Fed says following decision to reduce rates by 25 basis points
19.12.2024
Oil
Oil prices down with global inflation uncertainty
- Market players eye monetary policy by several major banks this week to gain insight on inflation
17.12.2024
Oil
Spot market electricity prices for Saturday, Dec. 14
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.51 billion Turkish liras
13.12.2024
Electricity
Spot market natural gas prices for Thursday, Dec. 12
-1,000 cubic meters of natural gas on spot market costs 12,107.69 Turkish liras
13.12.2024
Natural Gas
Türkiye's daily power consumption up 1.2% on Dec. 12
- Electricity exports amount to 16,848 megawatt-hours and imports total 825 megawatt-hours
13.12.2024
Electricity
Scottish government approves £150 million offshore wind fund
- Capital to support growth of offshore wind sector and support thousands of green jobs across Scotland
Oil prices up with fresh EU sanctions on Russia
- Sanctions include ban on shipping crude oil and some oil products transported by sea from Russia to EU
12.12.2024
Oil
OPEC daily crude output up 0.5% in Nov.
- Global oil demand growth forecast for 2024 is revised down by 210,000 bpd, from previous month's assessment
11.12.2024
Oil
Oil prices up with China demand hopes
- China calls for more active budget and moderately loose monetary policy for next year
11.12.2024
Oil
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Oil up with geopolitical upset in Middle East
- China's exports slow in November, amid expectation that US President-elect Trump will increase tariffs when he takes office in January
10.12.2024
Oil
Türkiye's daily power consumption up 12.7% on Dec. 9
- Electricity exports amount to 15,845 megawatt-hours and imports total 291 megawatt-hours
10.12.2024
Electricity
Equinor, Shell join to form independent oil and gas company in UK
- New company expected to produce over 140,000 barrels of oil equivalent per day in 2025
Oil up with demand outlook, Fed rate cut prospect
- Tension heightens in the Middle East as Israeli army continues to attack targets despite cease-fire agreement
03.12.2024
Oil
Oil up with threat of intense warfare in Mideast, weaker dollar
- Israeli army has instruction to prepare for a violent war in case of a serious violation of cease-fire agreement, Israeli premier says
29.11.2024
Oil
Türkiye's energy import bill down 7.3% in October
- At $4.98 billion, energy accounts for 17% of overall import figures in Türkiye in October
28.11.2024
General
Mix of green energy, low emission gas necessary for successful energy transition
- "We will continue to develop pipeline supplies, which give security and flexibility and will continue supplying competitive energy to our partners and to the world," Russia's First Deputy Minister of Energy says
Oil prices up with increasing Ukraine-Russia tension
- Money markets calculate a 59% probability that Fed will reduce interest rates next month with 41% probability of rates remaining unchanged
Spot market electricity prices for Wednesday, Nov. 20
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.48 billion Turkish liras
19.11.2024
Electricity
Oil prices slide amid lingering US inflation worries
- Oil prices jump nearly $3 as Equinor halts output at Western Europe’s largest field
19.11.2024
Oil
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Türkiye's daily power consumption up 16.5% on Nov. 18
- Electricity exports amount to 16,028 megawatt-hours and imports total 455 megawatt-hours
19.11.2024
Electricity
Oil prices up amid Middle East turmoil, US inflation data in focus
- Unrest in Middle East continues to impact oil prices as market players fear global supply disruptions
13.11.2024
Oil
Spot market electricity prices for Wednesday, Nov. 13
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.60 billion Turkish liras
12.11.2024
Electricity
Spot market natural gas prices for Monday, Nov. 11
- 1,000 cubic meters of natural gas on spot market costs 12,181.74 Turkish liras
12.11.2024
Natural Gas
Türkiye's daily power consumption up 14.2% on Nov. 11
- Electricity exports amount to 16,508 megawatt-hours and imports total 401 megawatt-hours
12.11.2024
Electricity
Spot market electricity prices for Sunday, Nov. 10
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.12 billion Turkish liras
09.11.2024
Electricity
Spot market natural gas prices for Friday, Nov. 8
- 1,000 cubic meters of natural gas on spot market costs 12,024.48 Turkish liras
09.11.2024
Natural Gas
US oil rig count remains unchanged for week ending Nov. 8
- Number of US oil rigs down by 15 compared to one year ago
09.11.2024
Oil
Türkiye's daily power consumption down 1% on Nov. 8
- Electricity exports amount to 14,789 megawatt-hours and imports total 1,066 megawatt-hours
09.11.2024
Electricity
Oil prices set for weekly rise amid OPEC+ supply decision, Fed rate cut
- Market players this week mainly focus on US presidential elections and Fed interest rate decision
08.11.2024
Oil
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Oil prices down as storm in Gulf of Mexico expected to bypass US coast
- The hurricane, which is gradually weakening, is expected to avoid US coastal states
08.11.2024
Oil
US crude oil inventories up 0.5% for week ending Nov. 1
- Daily crude oil production falls to around 13.92 million barrels per day
07.11.2024
Oil
Oil prices drop with weak US demand, strong dollar amid election results
- API reports 3.13 million barrels increase in US commercial crude oil inventories, surpassing market expectations of a 1.80 million barrel rise
06.11.2024
Oil
Spot market natural gas prices for Monday, Nov. 4
- 1,000 cubic meters of natural gas on spot market costs 12,418 Turkish liras
05.11.2024
Natural Gas
Spot market electricity prices for Wednesday, Nov. 6
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.48 billion Turkish liras
05.11.2024
Electricity
Oil prices down ahead of US elections, ongoing cease-fire negotiations in Mideast
- Egyptian President says intense efforts are ongoing to achieve a cease-fire in Gaza Strip
05.11.2024
Oil
Türkiye's daily power consumption up 16.2% on Nov. 4
- Electricity exports amount to 15,216 megawatt-hours and imports total 442 megawatt-hours
05.11.2024
Electricity
Spot market electricity prices for Tuesday, Nov. 5
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.38 billion Turkish liras
04.11.2024
Electricity
Oil prices up with possibility of Iran preparing to attack Israel
- News story claims Iran may retaliate with numerous unmanned aerial vehicles and ballistic missiles from Iraqi territory before US Presidential elections on November 5
01.11.2024
Oil
Spot market natural gas prices for Wednesday, Oct. 30
- 1,000 cubic meters of natural gas on spot market costs 11,874 Turkish liras
31.10.2024
Natural Gas
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Spot market electricity prices for Friday, Nov. 1
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.43 billion Turkish liras
31.10.2024
Electricity
Türkiye's energy import bill down 16.4% in September
- At $4.71 billion, energy accounts for 17.4% of overall import figures in Türkiye in September
Türkiye's daily power consumption up 12.8% on Oct. 30
- Electricity exports amount to 17,163 megawatt-hours and imports total 176 megawatt-hours
Oil prices fall after Iran says Israeli attack caused minimal damage
- Oil prices plummet as Israeli air strike on Iran left oil facilities unaffected
28.10.2024
Oil
Oil prices on track for weekly climb as Israel-Iran tension heightens
- Possible ceasefire talks in Qatar lower supply concerns among market players
25.10.2024
Oil
Oil prices up as Israel prepares to retaliate against Iran
- Israel's public broadcaster claims Israel is preparing to attack Iran, despite US pressure to ease offensive
24.10.2024
Oil
Oil steady as falling US demand counters Mideast tension
- Oil prices climb 2% after Israeli army took responsibility for killing head of Hezbollah's Executive Council
Spot market natural gas prices for Monday, Oct. 21
- 1,000 cubic meters of natural gas on spot market costs 11,871.15 Turkish liras
22.10.2024
Natural Gas
Spot market electricity prices for Wednesday, Oct. 23
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.57 billion Turkish liras
22.10.2024
Electricity
Türkiye's daily power consumption up 17.3% on Oct. 21
- Electricity exports amount to 13,422 megawatt-hours and imports total 2,409 megawatt-hours
22.10.2024
Electricity
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Oil prices surge amid escalating tensions between Israel, Iran
- US President Biden said Friday he is aware of Israel’s plans for an attack on Iran, as Tehran warns it will respond "decisively"
21.10.2024
Oil
Spot market electricity prices for Sunday, Oct. 13
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.17 billion Turkish liras
12.10.2024
Electricity
Spot market natural gas prices for Friday, Oct. 11
- 1,000 cubic meters of natural gas on spot market costs 11,986.47 Turkish liras
12.10.2024
Natural Gas
Türkiye's daily power consumption up 0.4% on Oct. 11
- Electricity exports amount to 15,917 megawatt-hours and imports total 857 megawatt-hours
12.10.2024
Electricity
US oil rig count up by 2 for week ending Oct. 11
- Number of US oil rigs fall by 20 compared to one year ago
12.10.2024
Oil
Oil sees weekly rise with new Chinese stimulus, Middle East instability
- Experts forecast surge in oil demand following new Chinese incentives anticipated over weekend
11.10.2024
Oil
Oil down with low US demand, market awaits China stimulus package
- Experts say Hurricane Milton could also negatively affect employment data in US in coming weeks
11.10.2024
Oil
Oil up amid Middle East tension, US hurricane threatening fuel shortage
- Consecutive hurricanes in US cause power outages, fuel shortages with increased demand
10.10.2024
Oil
Oil prices rise with escalating Middle East conflict, US economic growth
- Hezbollah's call for cease-fire with Israel push prices down in previous session, questions of validity fail to keep prices down
09.10.2024
Oil
Spot market electricity prices for Friday, Oct. 4
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.43 billion Turkish liras
03.10.2024
Electricity
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Spot market natural gas prices for Wednesday, Oct. 2
- 1,000 cubic meters of natural gas on spot market costs 12,383.68 Turkish liras
03.10.2024
Natural Gas
US crude oil inventories up 0.9% for week ending Sept. 27
- Daily crude oil production rises to 13.73 million barrels per day
03.10.2024
Oil
Türkiye's daily power consumption up 12.1% on Sept. 30
- Electricity exports amount to 11,771 megawatt-hours and imports total 6,798 megawatt-hours
01.10.2024
Electricity
Oil prices set for weekly drop as markets expect supply boost
- Supply concerns ease in Libya amid political stability while Saudi Arabia expected to increase output in December
27.09.2024
Oil
Türkiye's energy import bill down 0.5% in August
- At $5.29 billion, energy accounts for 19.5% of overall import figures in Türkiye in August
Spot market natural gas prices for Wednesday, Sept. 25
- 1,000 cubic meters of natural gas on spot market costs 11,978.48 Turkish liras
26.09.2024
Natural Gas
Spot market electricity prices for Friday, Sept. 27
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.68 billion Turkish liras
26.09.2024
Electricity
Türkiye's daily power consumption up 1% on Sept. 25
- Electricity exports amount to 14,262 megawatt-hours and imports total 1,958 megawatt-hours
26.09.2024
Electricity
Oil up with escalating conflict in Middle East, Chinese stimulus package
- Concern over possibility of a wider regional war fuels expectation of oil supply shortage
24.09.2024
Oil
Spot market natural gas prices for Thursday, Sept. 19
- 1,000 cubic meters of natural gas on spot market costs 11,964.62 Turkish liras
20.09.2024
Natural Gas
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Spot market electricity prices for Saturday, Sept. 21
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.33 billion Turkish liras
20.09.2024
Electricity
Türkiye's daily power consumption down 1.6% on Sept. 19
- Electricity exports amount to 14,356 megawatt-hours and imports total 18,047 megawatt-hours
20.09.2024
Electricity
Oil rises as US supply halt, Fed rate cut bets lift prices
- Markets await interest rate cut decision from US Federal Reserve, first rate cut since 2020
17.09.2024
Oil
Türkiye's daily power consumption down 12.5% on Sept. 15
- Electricity exports amount to 16,681 megawatt-hours and imports total 15,778 megawatt-hours
16.09.2024
Electricity
Oil up in week ending Sept. 13 amid partial supply halt in US
- Slowdown in economic activity in US and China, world's top oil consumers, fueled market players' demand fears this week
13.09.2024
Oil
Oil up as Gulf of Mexico hurricane leads to partial supply halt
- 169 production platforms, accounting for 45.55% of output form Gulf of Mexico, evacuated in response to storm
13.09.2024
Oil
Oil up with concerns of supply halt in US amid hurricane warning
- Severity of storms push oil prices higher with interruption to oil and natural gas production
12.09.2024
Oil
US crude oil inventories rose 0.2% for week ending Sept. 6
- Daily crude oil production falls to 13.65 million barrels per day
12.09.2024
Oil
Spot market electricity prices for Thursday, Sept. 12
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.73 billion Turkish liras
11.09.2024
Electricity
Spot market natural gas prices for Tuesday, Sept. 10
- 1,000 cubic meters of natural gas on spot market costs 12,143.18 Turkish liras
11.09.2024
Natural Gas
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