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US oil rig count down by 6 for week ending June 27

- Number of US oil rigs fall by 47 compared to one year ago

30.06.2025 Oil

Oil prices set for weekly drop as Israel-Iran supply fears ease

- Oil posts sharp drop as initial war-driven supply fears faded following a cease-fire between Israel and Iran, despite lingering regional tensions and strong US demand signals

27.06.2025 Oil

Oil up on Trump's China trade deal announcement, renewed Fed pressure

- Prices gain after US signs trade deal with China and hints at possible agreement with India

27.06.2025 Oil

Oil up on US inventory drop, market cautious amid Iran-Israel truce uncertainty

- Sharper than expected drop in US crude inventories points to strong demand, while geopolitical risks keep traders on edge

26.06.2025 Oil

US crude oil inventories down by 1.4% for week ending June 20

- Daily crude oil production increased to around 13.44 million barrels per day

26.06.2025 Oil

Turkish, Libyan national oil companies to begin exploration at 4 sites in Libya

- TPAO to conduct seismic survey in Libya

27.06.2025 Oil

Israel-Iran ceasefire, falling oil prices seen boosting Turkish economy

- Experts say oil price drop to help Türkiye curb inflation, ease current account deficit

26.06.2025 Oil

Oil, gas prices retreat to below pre-conflict levels after Israel-Iran ceasefire

- Brent crude and European gas prices surged since Israel's June 13 attack on Iran, but fell Tuesday after ceasefire announcement

26.06.2025 Natural Gas , Oil

Oil prices up amid ongoing Israel-Iran tensions and strong US demand signals

- US intelligence assessments suggest Iran nuclear progress delays only by few months and airstrikes fall short of fully crippling capabilities

25.06.2025 Oil

Vessel traffic in Strait of Hormuz continues

- No significant decline in ship traffic except for 6 vessels making U-turns to avoid waterway amid Israel–Iran conflict

25.06.2025 Natural Gas , Oil

Oil prices fall as Israel-Iran ceasefire reports eases supply concerns

- US President Donald Trump announces that a ceasefire between Iran and Israel is now in effect, urging both parties to go along with it

25.06.2025 Oil

Trump calls for keeping oil prices down amid surge following US strikes on Iran

- US president warns against playing into 'enemy's hands' as prices surge following attacks Trump ordered on Iranian nuclear facilities

25.06.2025 Oil

Oil prices climb after US airstrikes on Iranian nuclear sites stoke supply fears

- US President says Iran's key nuclear enrichment facilities are completely destroyed, warning that Tehran must pursue peace or face much more severe attacks in future

24.06.2025 Oil

US oil rig count down by 1 for week ending June 20

- Number of US oil rigs fall by 46 compared to one year ago

21.06.2025 Oil

Oil prices eye 3rd straight weekly gain amid escalating Israel-Iran conflict

- Brent crude trims recent gains, but remains on track for a 2.6% weekly increase due to escalating geopolitical tensions and supply-side concerns

20.06.2025 Oil

Oil prices surge 11% amid week-long Israel-Iran conflict

- If current geopolitical crisis persists or worsens, market will have to recalibrate to new normal around $80, says an independent oil market analyst

21.06.2025 Oil

Oil down with Fed inflation forecast, easing geopolitical tensions

- Oil falls as Fed raises inflation forecasts and US hesitancy eases supply fears

20.06.2025 Oil , Finance

Oil rises on US inventory drop, geopolitical tensions, and Fed rate decision

- Markets brace for potential supply shock amid US stock decline and regional unrest

19.06.2025 Oil

US crude oil inventories down by 2.7% for week ending June 13

- Daily crude oil production increased to around 13.43 million barrels per day

19.06.2025 Oil

Oil slumps as ceasefire hopes ease supply fears, macroeconomic uncertainties weigh on demand

- US' reported 60-day ceasefire offer in Gaza Strip and a potential prisoner exchange deal with Hamas, helps reduce geopolitical risk premiums

19.06.2025 Oil

Israeli attacks on Iran’s energy facilities to impact oil prices, Qatar warns

- Doha calls for return to US-Iran nuclear talks to avoid further instability

18.06.2025 Oil

IEA revises down global oil demand growth forecast

-Global oil demand is expected to reach 103.76 million bpd this year, representing an increase of about 720,000 bpd compared to last year, according to the IEA's Oil Market Report

18.06.2025 Oil

IEA: Oil markets face structural shift as supply and demand dynamics evolve

- Oil trends show 'remarkable double act' with US driving 90% of global supply growth and China accounting for 60% of demand growth over the past decade, 'but these dynamics are shifting,' says IEA chief

17.06.2025 Oil

Oil prices climb as Iran-Israel tensions raise supply fears

- Prices fall to $69.96 on Monday on signs of de-escalation but rebound after US president called for evacuating Tehran

17.06.2025 Oil

Airline stocks fall sharply on rising oil prices

- Concerns about higher fuel costs, which account for large portion of airlines' operating costs, drive significant decline in airline stocks amid ongoing tensions in Middle East

17.06.2025 Oil

XRG consortium makes non-binding takeover offer for Australia's Santos

- Santos announces that on June 13 it received a non-binding indicative proposal from a consortium led by XRG

17.06.2025 Oil

OPEC daily crude output up 0.7% in May

- Global oil demand growth forecast for 2025 remains unchanged at 1.29 million barrels per day

18.06.2025 Oil

Oil prices rise as Israel-Iran tensions stoke supply fears

- Escalating hostilities reinforce expectations of potential oil supply disruptions and heighten concerns over security of Strait of Hormuz, key chokepoint for global energy trade

17.06.2025 Oil

Iranian missiles damage oil refinery in northern Israel

- Missiles hit Bazan oil refinery complex in Haifa, causing damage to pipelines, transmission lines, operator says

16.06.2025 Oil

Iranian Revolutionary Guards says it targeted Israeli energy facilities in retaliatory strikes

- Iranian attacks to continue 'more severely and extensively' if Israeli attacks persist, warns Revolutionary Guard Corps

16.06.2025 Oil

US oil rig count down by 3 for week ending June 13

- Number of US oil rigs fall by 49 compared to one year ago

14.06.2025 Oil

Key trade route Strait of Hormuz under market watch after Israeli attacks on Iran

- Around one-third of global oil, 20% of LNG trade pass through Strait of Hormuz, making its potential closure due to possible wider conflict in region detrimental to Iran’s trade, market prices

14.06.2025 Oil

OPEC urges caution amid Mideast tensions

- Group affirms there are currently no developments in supply or market dynamics that warrant unnecessary measures

14.06.2025 Oil

IEA: Oil supplies stable for now, but we're ready to act if needed

- IEA Executive Director Fatih Birol: "The IEA oil security system has over 1.2 billion barrels of emergency stocks"

13.06.2025 Oil

Oil set for second weekly gain on Israeli airstrikes, stronger demand outlook

- Prices reach highest levels in nearly five months following Israeli attack on key Iranian military and nuclear sites

14.06.2025 Oil

Brent oil surges more than %7 following Israel's strikes on Iran

- Oil prices hit their highest in almost five months after Israel struck Iran

13.06.2025 Oil

Oil falls as US-Iran diplomacy hopes offset Mideast tensions

- Amid ongoing concern over potential supply disruptions due to rising tensions in Middle East, optimism grows over possible direct negotiations between Washington and Tehran

13.06.2025 Oil

Japan resumes Russian crude oil imports after over 2-year hiatus: Report

- Sanctioned vessel, Voyager, delivered crude to Taiyo Oil refinery on June 8

13.06.2025 Oil

US crude oil inventories down by 0.8% for week ending June 6

- Daily crude oil production increased to around 13.42 million barrels per day

12.06.2025 Oil

US energy agency slightly revises up Brent price forecast for 2025

- International benchmark Brent crude estimated to average $65.97 per barrel

12.06.2025 Oil , Energy Projects

Oil prices edge up on US-China trade hopes amid market caution

- Oil prices rise slightly on optimism over US-China trade deal, tempered by market caution and uncertain details

12.06.2025 Oil

Russia extends oil and products export ban until end of year

- Decision to prohibit oil and petroleum products export to parties complying with Western price cap prolonged until Dec. 31, 2025

11.06.2025 Oil , Energy Diplomacy

Oil prices edge down amid renewed optimism over US-China trade talks

-US-China trade talks, launched Monday in London, draws global investor attention as world's two largest economies seek solution to trade tensions

10.06.2025 Oil

Brent crude falls below $66 on China data, OPEC+ output plans

- Oil markets under pressure from trade tensions, ahead of US jobs data

10.06.2025 Oil

US oil rig count down by 9 for week ending June 6

- Number of US oil rigs fall by 50 compared to one year ago

07.06.2025 Oil

Oil prices end week higher on Ukraine-Russia tensions, falling US inventories, and trade hopes

- Oil posts strong weekly gain as geopolitical risk rises, inventories fall, and rate cut hopes lift sentiment

08.06.2025 Oil

Brent crude dips slightly on demand worries, geopolitical uncertainty

- Oil prices see limited movement as weak economic data from the US and China weigh on demand outlook, while geopolitical tensions keep markets on edge

06.06.2025 Oil

Oil prices edge higher amid Fed policy uncertainty, trade talks in focus

- Market sentiment is buoyed by rising expectations that Fed can deliver its first rate cut as early as July

06.06.2025 Oil

US crude oil inventories down by 1% for week ending May 30

- Daily crude oil production increased to around 13.41 million barrels per day

09.06.2025 Oil

Oil slips on trade uncertainty, OPEC+ output hike

- US President Trump's signs executive order doubling tariffs on steel and aluminum imports to 50%, reigniting concerns over global economic growth

05.06.2025 Oil

bp assumes operatorship of Karabakh Oil Project in Caspian Sea

- Under deal, bp acquires 35% stake in both RSA and PSA, with SOCAR retaining remaining 65%

04.06.2025 Oil

Oil prices edge lower over demand worries triggered by Trump's trade policies

- Key US labor market data, seen as gauge of economic momentum, under close investor scrutiny

04.06.2025 Oil

Türkiye, Azerbaijan to sign new deal to boost oil, gas production in Azerbaijan

- Shafag-Asiman Production Sharing Agreement to form another partnership between Turkish Petroleum, SOCAR, and bp, says Alparslan Bayraktar

04.06.2025 Natural Gas , Oil , Energy Diplomacy

Oil rises as Ukraine strikes Russian bases ahead of Istanbul peace talks

- Prospect of new US sanctions against Russia is deepening supply concerns and pushing oil prices higher

03.06.2025 Oil

OPEC+ members agree to 411,000 output rise in July

- Eight OPEC+ nations will boost oil production by 411,000 barrels per day (bpd) in July, compared to June levels, as part of plan to gradually unwind voluntary output cuts

02.06.2025 Oil

US oil rig count down by 4 for week ending May 30

- Number of US oil rigs fall by 35 compared to one year ago

31.05.2025 Oil

Oil prices set for weekly drop with possibility of OPEC+ output hike

- Eight-member coalition of OPEC+ group—including Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman— are set to meet on Saturday

31.05.2025 Oil

Türkiye's oil imports down 7.8% in March

- Crude oil imports fall by 6.6% to 2.50 million tons in March, latest data shows

31.05.2025 Oil

Oil prices rise on higher US demand, OPEC+ and tariff risks weigh on outlook

- US commercial crude oil inventories fall by about 2.8 million barrels to 440.4 million barrels, against market expectation of a 1 million barrel increase

30.05.2025 Oil

US crude oil inventories down by 0.6% for week ending May 23

- Daily crude oil production increased to around 13.4 million barrels per day

30.05.2025 Oil

TotalEnergies sells $510 million stake in Nigeria's Bonga oil field to Shell

- Company sells Bonga field stake as it shifts focus to gas and operated projects in Nigeria

29.05.2025 Oil

Oil prices up as US court blocks Trump tariffs

- Markets remain focused on possibility of new sanctions against Russian oil, and upcoming OPEC+ output decision

30.05.2025 Oil

Oil prices fall as market awaits OPEC+ meeting

- OPEC+ members are expected to discuss possible production hike for July

29.05.2025 Oil

3 dead in Angola oil platform fire

- Two workers had been receiving medical treatment in South Africa, says Angola's Ministry of Mineral Resources, Petroleum and Gas

28.05.2025 Oil

Oil prices slip ahead of OPEC+ meeting amid oversupply concerns

- Oil prices edge lower as markets brace for potential supply boost from upcoming OPEC+ decision

28.05.2025 Oil

Indian authorities brace for possible oil spill after ship sinks off southern Kerala state

- Liberian-flagged vessel, carrying 'hazardous' cargo sank off Kochi coast early Sunday, with all crew rescued

28.05.2025 Oil

Saudi Arabia and Kuwait announce new oil discovery in Partitioned Zone

- Wara reservoir in North Wafra (Wara-Burgan-1) well shows production rate exceeding 500 barrels per day

28.05.2025 Oil

Erbil-Baghdad breakthrough could revive Iraq-Türkiye Oil Pipeline, experts say

- Following energy agreements between Kurdish Regional Government (KRG) and US firms, attention shifts to tense Erbil-Baghdad relationship

27.05.2025 Oil , Energy Diplomacy

Oil prices rise as Trump delays EU tariff deadline, Russia-Ukraine conflict intensifies

- White House confirms Trump's decision to postpone imposition of 50% tariff on EU imports until July 9

27.05.2025 Oil

Nigerian army shuts down 19 illegal oil refineries in Niger Delta

- 589,000 liters of petroleum products seized, 20 suspects detained in anti-smuggling operation

26.05.2025 Oil

Leak halts production at major Libyan oil field

- National Oil Corporation says environmental response teams deployed as pressure eased from Zawiya line

26.05.2025 Oil

US oil rig count down by 8 for week ending May 23

- Number of US oil rigs fall by 32 compared to one year ago

25.05.2025 Downstream

Oil prices head for weekly decline amid OPEC+ output speculation, Iran nuclear talks

- Fifth round of US-Iran nuclear talks is taking place today in Rome, with Oman acting as mediator

25.05.2025 Oil

Oil prices slip as OPEC+ considers supply boost, US-Iran talks loom

- OPEC+ group is expected to consider an output hike at its June 1 meeting

25.05.2025 Oil

Oil prices slip on upcoming US-Iran negotiations, rising US crude stockpiles

- Fifth round of Iran-US talks over Tehran's nuclear program set to take place in Rome on Friday

24.05.2025 Oil

US crude oil inventories up by 0.3% for week ending May 16

- Daily crude oil production increased to around 13.39 million barrels per day

23.05.2025 Oil

US sanctions rollback expected to boost Syria's rebuilding process

- Following US President Donald Trump's announcement to lift sanctions on Syria, focus shifts to how Damascus will meet its energy needs

22.05.2025 Oil , Energy Diplomacy

Oil edges higher amid reports of potential Israeli strike on Iran's nuclear facilities

- Intelligence reports of possible Israeli strike on Iranian nuclear sites raises fear of supply disruptions despite ongoing US-Iran nuclear negotiations

22.05.2025 Oil

Oil prices edge lower amid Russia-Ukraine peace talks, demand concerns

- Markets react cautiously as Trump claims imminent Russia-Ukraine ceasefire following call with Putin

22.05.2025 Oil

Oil prices decline amid rising supply concerns linked to Iran nuke talks

- New nuclear proposal of US to Iran in the latest round of talks affected oversupply worries in the markets

19.05.2025 Oil

US oil rig count down by 1 for week ending May 16

- Number of US oil rigs fall by 24 compared to one year ago

18.05.2025 Oil

Oil heading for 2nd consecutive weekly gain with US-China trade truce

- Expectations of increased Iranian supply cap weekly gains with renewed prospects for nuclear deal

17.05.2025 Oil

Oil prices edge lower as oversupply fears mount amid nuclear deal talks

- Despite recent decline, prices remain on track for second consecutive weekly gain, supported by easing trade tensions between US and China

16.05.2025 Oil

IEA revises up oil demand growth forecast by 20,000 barrels for 2025

- Revision reflects upwardly revised GDP growth forecast and lower oil prices

20.05.2025 Oil

Oil prices fall amid surprise rise in US crude stocks, US-Iran nuclear talks

- US Energy Information Administration reports 3.5 million barrel rise in country's commercial crude oil inventories last week, reaching 441.8 million barrels

16.05.2025 Oil

US crude oil inventories up by 0.8% for week ending May 9

- Daily crude oil production increased to around 13.38 million barrels per day

16.05.2025 Oil

OPEC daily crude output down 0.23% in April

- Global oil demand growth forecast for 2025 revised down at 1.3 million barrels per day

16.05.2025 Oil

Oil prices fall as inventory concerns offset US-China trade optimism

- Both benchmarks fall after API data show 4.3 million-barrel rise in US crude stocks, signaling weaker demand and pressuring prices

14.05.2025 Oil

Oil prices slide as US-China tariff truce sparks optimism, supply surge looms

- US and China agree to a 90-day tariff rollback, easing trade tensions after Swiss talks

13.05.2025 Oil

Aramco posts 4.8% drop in Q1 net income amid lower oil prices

- World's biggest crude exporter, posts net income of $26 billion for January-March period, down from $27.3 billion in Q1 2024

13.05.2025 Oil , Finance

Oil prices rise amid signs of progress in US-China trade talks

- Oil prices edge higher as US-China trade talks show signs of progress, easing global market tensions

13.05.2025 Oil

Zelenskyy welcomes UK’s sweeping sanctions on Russia’s shadow fleet

- Ukrainian leader thanks Prime Minister Starmer for targeting Kremlin’s oil revenue

10.05.2025 Oil

UK to sanction Russian oil tankers in bid to undermine Kremlin war effort

- Sanctioned ships will be banned from entering British ports, may be detained if found in UK waters, according to 10 Downing Street

10.05.2025 Oil

US oil rig count down by 5 for week ending May 9

- Number of US oil rigs fall by 22 compared to one year ago

12.05.2025 Oil

Oil prices rise weekly amid US inventory drop, trade talks, OPEC+ move

- Crude prices rebound sharply as demand signals strengthen and global trade tensions ease

10.05.2025 Oil

Oil up on US-UK trade deal, hopes for US-China talks

- Trade deals are expected to ease pressure on global trade and boost oil prices by improving demand prospects

09.05.2025 Oil

Oil rise on US inventory decline, renewed hopes for US-China trade talks

- China confirms meeting initiated by US, reiterates readiness to engage in constructive dialogue

08.05.2025 Oil

US crude oil inventories down by 0.5% for week ending May 2

- Daily crude oil production decreased to around 13.36 million barrels per day

09.05.2025 Oil

Oil prices climb on US-China trade hopes, supply outlook

-Expectations that US and Chinese officials to meet this week in first formal step toward trade talks since President Donald Trump imposed sweeping tariffs on China, push oil prices up

08.05.2025 Oil

US energy agency revises down Brent price forecast for 2025

- International benchmark Brent crude estimated to average $65.85 per barrel

08.05.2025 Oil

Oil prices up after sharp drop sparked by OPEC+ output hike plan

- Prices rebound on profit-taking after plunging to their lowest since February 2021 on Monday, following OPEC+ decision by 8 members to boost output.

07.05.2025 Oil

Energy giants’ profits sink more than 20% as oil prices fall

- Profits of world's 8 largest oil companies drop 21.3% to $31 billion in Q1

07.05.2025 Oil

Oil prices slide as OPEC+ moves to boost output

- Key producers Saudi Arabia and Russia are set to lead the increase, with analysts saying move points to rise in global oil supply over coming months

06.05.2025 Oil

OPEC+ members fast-track oil supply increase

- Eight OPEC+ nations will boost oil production by 411,000 barrels per day in June, compared to May levels

05.05.2025 Oil

Syrian energy minister calls Türkiye to invest in Syria amid cross-border cooperation plans

- Türkiye-Syria to sign framework agreement for broader energy cooperation, Mohammed al-Bashir tells Anadolu

06.05.2025 Electricity , Natural Gas , Oil , Energy Diplomacy

Türkiye's Akkuyu nuclear plant attracts investor interest as energy production nears

Akkuyu Nuclear says commissioning underway for 1st reactor unit

International Atomic Energy Agency ready to 'accompany' African countries on nuclear journey

Experts, policymakers explore ways for Africa’s energy transition

Türkiye says power system strong amid European blackout

Türkiye's daily power consumption down 1.8% on April 26

Türkiye's daily power consumption up 16.7% on May 22

Türkiye's daily power consumption increases 1.2% on May 10

Türkiye says power system strong amid European blackout

Global carbon emission storage facilities double in 5 years

Trump seeks to revive coal industry and reverse long-term decline with new orders

Highlights of Türkiye's energy market in 2024

Spot market natural gas prices for Tuesday, Nov. 5

Global natural gas investments to reach almost $9 trillion by 2050

Spot market natural gas prices for Thursday, Jan. 5

Turkish president announces more gas reserves found in Black Sea

Spot market natural gas prices for Thursday, April 17

Türkiye's natural gas imports up 17.7% in October

Costs double as oil and gas discoveries decline in global markets

Global gas production to increase by around 32% by 2050

Türkiye's LPG production up 10.1% in April

European energy markets face volatility in 2H25 amid tight LNG supply

Global LNG exports rise 3.1% in 1st quarter on soaring EU demand

Cold winter drives gas price spikes, LNG inflows to Europe: Oxford

Oil production in Türkiye's eastern region breaks first record in 2024

Oil up in w/e Dec. 15 on demand optimism, central bank interest rate decisions

US crude oil inventories down 1% for week ending Dec. 8

US oil rig count up for week ending Dec. 8

US oil rig count down by 8 for week ending May 23

US oil rig count down by 6 for week ending June 28

Oil dives as weak US inflation data dashes hopes for interest rate cuts

Oil rebounds over US plans to refill emergency stockpiles

US oil rig count down by 9 for week ending April 11

Oil giants' profits slide 15.1% to $182.1 billion in January-September

Oil prices up on expectations of supply delay from OPEC+, recession fears in US

Oil prices rise in week ending Aug.30 amid falling US inventories

Global offshore wind capacity hits 83 GW, powering 73 million homes

Türkiye's installed wind power capacity soars 177% in decade

Global wind power capacity sees record growth in 2024

Solar and wind permanently overtakes domestic coal in Türkiye's power generation

Candidate region selected for Türkiye's first YEKA floating solar power plant

Norwegian firm Scatec secures financial close for 1GW solar-battery project in Egypt

Chinese JTPV, Turkish Schmid Pekintas to build 5 GW solar cell factory in Türkiye

Chile launches largest solar plant with battery storage in Latin America

Türkiye leads Europe with highest rise in hydropower capacity

Hydropower's role expands amid soaring global electricity demand

China set to build world's largest dam in Tibet

TotalEnergies expands renewables portfolio with hydropower deals across Africa

Highlights of Türkiye's energy market in 2024

Climate crisis to push 150M more Africans into poverty by 2050, experts warn

Taiwan starts drilling of 1st deep geothermal well

Türkiye sets new record for daily power consumption with 1.34% increase on July 9

Global wholesale gas prices average $4.88 per MMBtu in 2024

Türkiye's daily power consumption up 4% on June 24

Global renewable energy capacity surges 377% over past decade

Oil down with Fed inflation forecast, easing geopolitical tensions

Türkiye's daily power consumption up 2.3% on June 19

OPEC+ agrees to extend group-wide output cuts into 2025

Libya Energy & Economic Summit 2024 to kick off in Tripoli

OPEC+ countries announce daily voluntary output cuts by 2.2 million barrels

Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

Spot market electricity prices for Sunday, Dec. 3

ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

Spot market electricity prices for Thursday, June 8

High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

Spot market natural gas prices for Friday, Dec. 1

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

Russian Lukoil starts Chashkino gas-turbine power plant

Gazprom posts 26% loss in 1H20

Global offshore wind capacity hits 83 GW, powering 73 million homes

Global energy transition requires $21.4T investment in power grids by 2050

Global renewable energy capacity surges 377% over past decade

Chinese JTPV, Turkish Schmid Pekintas to build 5 GW solar cell factory in Türkiye

Türkiye's LPG production up 12.4% in March

Türkiye's LPG production down 4.3% in December 2024

Türkiye's LPG production down 25% in April 2024

Türkiye's LPG production up 15% in December 2023

EU gas imports to fall 25% by 2030 as bloc exceeds demand reduction targets

Former Lithuanian FM warns Russia's shadow fleet threatens EU security

Turkmen natural gas set to reach Türkiye on March 1