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Oil prices post weekly loss on tariff worries, easing geopolitical tensions

- Concerns over global demand, US tariffs, and easing geopolitical risks weigh on market sentiment

09.08.2025 Oil

Russia's oil exports shift towards Asia: EIA

- China remains largest importer of Russia's crude oil

08.08.2025 Oil

Oil prices fall on tariff worries, weak demand outlook

- Expanding US trade tariffs, OPEC+ supply increase weigh on market

08.08.2025 Oil

Baku-Tbilisi-Ceyhan pipeline ships 4.6B barrels of oil to Türkiye since 2006

- Around 106 million barrels transported in first half of 2025, bp says

08.08.2025 Oil

Russia's gasoline export ban aims to stabilize domestic market amid supply strain

- Ban driven by seasonal demand, refinery disruptions, rising prices, and tightening regulations, says expert

12.08.2025 Oil

Oil prices rise on new US tariffs, Fed rate cuts, falling inventories

- Markets expect a rate cut by September, as US Fed boosts global risk appetite

08.08.2025 Oil

US crude oil inventories down by 0.7% for week ending Aug. 1

- Daily crude oil production falls to around 13.28 million barrels per day

07.08.2025 Oil

Oil prices rise as Trump threatens tariffs on India over Russian oil purchases

- Trump's special envoy Steve Witkoff arrives in Moscow to discuss ongoing Russia-Ukraine war

06.08.2025 Oil

Saudi Aramco's Q2 profit drops 22% on lower oil prices

- Company posts $22.67B in net income, down from $29.07B in same period last year

05.08.2025 Oil

ExxonMobil signs MoU with Libya’s NOC after decade-long hiatus

- MoU will see ExxonMobil conduct detailed technical study of four offshore blocks located near northwest coast and Sirte Basin

07.08.2025 Natural Gas , Oil , Energy Diplomacy , International Relations , Energy Projects

Oil prices rise amid expectations of US Fed rate cut in September

- Market sentiment boosted by signs of weakening labor market and possible monetary easing

06.08.2025 Oil

Oil prices up on OPEC+ output hike, US-Russia tensions

- Prices edge higher after 8 OPEC+ members agree to raise oil production by 547,000 barrels per day in September from August levels

05.08.2025 Oil

OPEC+'s 8 members to increase output by 547,000 bpd in September

- Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman to raise production as part of gradual rollback of earlier voluntary cuts, OPEC statement says

04.08.2025 Oil

US oil rig count down by 5 for week ending Aug. 1

- Number of US oil rigs fall by 72 compared to one year ago

04.08.2025 Oil

Oil prices post weekly gains on supply concerns, trade uncertainty

- Brent crude edges higher on US-EU trade deal and sanctions risk

01.08.2025 Oil

Oil declines as global risk sentiment rises, US tariffs spark market volatility

- Trump's new tariffs and sanctions raise global risk, pressuring markets and fueling oil supply concerns

02.08.2025 Oil

US-Canada energy trade totals $150 billion last year amid price decline: EIA

- US crude oil and natural gas imports from Canada increased by 5% and 7%, respectively

02.08.2025 Natural Gas , Oil , Energy Diplomacy

US crude oil inventories up by 1.8% for week ending July 25

- Daily crude oil production rises to around 13.31 million barrels per day

01.08.2025 Oil

Türkiye discovers $4B worth of oil reserves in 2025: Energy minister

- 57 million barrels of oil found in eastern and southern regions, including shale oil and gas in Diyarbakir

31.07.2025 Oil

Oil prices dip amid Trump’s Russia comments, US inventory build

- Caution ahead of US Fed rate decision also weighs on market

31.07.2025 Oil

Türkiye's Energy Minister to attend Anadolu's Editor's Desk on July 30

- Bayraktar to outline national energy policy and comment on current energy topics

30.07.2025 Natural Gas , Oil , Finance , Energy Diplomacy , General

US onshore crude oil production hits record high: EIA

- Crude oil production from onshore federal lands nearly triple over last decade, data shows

29.07.2025 Oil

Oil prices slip as markets eye Fed decision, weigh US-EU trade deal

- Easing trade tensions offers some relief, but uncertainty over economic fallout from tariffs continues to weigh on investor sentiment

30.07.2025 Oil

Türkiye's LPG production up 29.1% in May

- LPG imports decrease by 14%, while exports rise by 90.8% in May, latest industry report reveals

29.07.2025 Oil

Türkiye's oil imports down 10.4% in May

- Crude oil imports fall by 13.2% to 2.48 million tons in May, latest data shows

29.07.2025 Oil

Oil prices rise on US-EU trade deal, Fed rate uncertainty

- US-EU deal could boost economic activity and lift energy demand, adding upward pressure on oil prices, according to analysts

29.07.2025 Oil

US oil rig count down by 7 for week ending July 25

- Number of US oil rigs fall by 67 compared to one year ago

28.07.2025 Oil

Oil eyes weekly drop amid tariffs and sanctions

- Oil slides on fresh Russian sanctions and geopolitical uncertainties, partly offset by optimism over trade deals

26.07.2025 Oil

Oil prices rise on optimism over US trade deals ahead of Aug. 1

- Signs of easing trade tensions between US and key partners lift demand expectations

26.07.2025 Oil

Oil prices up amid hopes for new trade deals, stronger US demand

- Prices were supported by reports that Washington and Brussels were nearing a trade agreement that would impose reciprocal 15% tariffs on select goods, mirroring recent US-Japan deal

25.07.2025 Oil

US crude oil inventories down by 0.8% for week ending July 18

- Daily crude oil production falls to around 13.27 million barrels per day

25.07.2025 Oil

Oil prices fall on trade fears ahead of new US tariffs

- Crude markets are unsettled by US tariff plans while data showing a decline in US crude stocks helps cushion price losses

24.07.2025 Oil

Türkiye, Iraq begin talks on new oil transport deal

- New deal to cover joint projects in crude oil, natural gas, development of hydrocarbon fields, petrochemical, refinery investments, electricity production and transmission

25.07.2025 Oil , Downstream

Oil falls as tariff countdown, geopolitical risks rattle markets

- Analysts warn that Trump administration may adopt even more aggressive trade measures, heightening market risk perceptions

23.07.2025 Oil

Hungary, Serbia announce new oil pipeline to bypass EU energy restrictions

- Pipeline expected to secure affordable energy supplies, operational by 2027

22.07.2025 Oil

Türkiye-Iraq Crude Oil Pipeline Agreement to expire in 2026

- Agreement was initially signed on Aug. 27, 1973, with the first phase of the pipeline becaming operational in 1976

22.07.2025 Oil

Oil edges lower amid EU sanctions, looming US tariffs

- Brent trades around $68 as markets eye Russian oil curbs and await Trump's Aug. 1 tariff deadline

22.07.2025 Oil

Oil prices seek stability around key $70 level

- Rising OPEC+ output eases supply concerns as US tariff threats weigh on demand, push Brent below $70

22.07.2025 Oil

Baghdad-Erbil oil deal revives prospects for reopening Iraq-Türkiye Pipeline

- Under terms of agreement, KRG will transfer revenues from all oil produced in region to Iraq's State Organization for Marketing of Oil (SOMO) and receive $16 per barrel advance on deliveries

21.07.2025 Oil

US oil rig count down by 2 for week ending July 18

- Number of US oil rigs fall by 55 compared to one year ago

20.07.2025 Oil

Oil heading for slight weekly loss amid market uncertainties

- Despite late-week rebound driven by supply worries, uncertainty surrounding global demand keeps prices under pressure

20.07.2025 Oil

Oil up amid Iraqi oilfield attacks, EU ban on Russian pipeline imports

- Market fears grow over supply disruptions following new EU sanctions and attacks in Iraq

18.07.2025 Oil

Baghdad, Erbil reach oil deal to resume exports after halting shipments in 2023

- Agreement paves way to restart KRG crude exports, compensate for federal losses exceeding $25B

18.07.2025 Oil

Oil prices rise amid Middle East tensions, US inventory drop

- Drone attacks in Iraq and Israeli airstrikes in Syria raise supply concerns, while US crude stock draw signals strong demand

18.07.2025 Oil

US crude oil inventories down by 0.9% for week ending July 11

- Daily crude oil production falls to around 13.37 million barrels per day

18.07.2025 Oil

Oil prices decline as Fed rate uncertainty, rising supply weigh on market

- Uptick in US inflation dims hopes for September Fed rate cut, strengthening dollar and pressuring oil demand

17.07.2025 Oil

OPEC crude oil production up by 220,000 barrels per day in June 2025

- OPEC maintains its global oil demand growth forecast for 2025 unchanged

17.07.2025 Oil

Oil prices ease on geopolitical risks, market uncertainty

- Oil prices decline Tuesday as markets react to rising geopolitical tensions and evolving supply-demand dynamics

16.07.2025 Oil

Oil prices edge up amid geopolitical tensions and supply uncertainty

- Oil prices rise slightly as geopolitical tensions, mixed supply signals, and expectations of looser US monetary policy influence market sentiment

15.07.2025 Oil

Oil prices rise on strong US demand, weak dollar

- US demand, rate cut hopes lift oil prices despite midweek losses

13.07.2025 Oil

IEA sees 2025 oil demand growth at lowest rate since 2009, excluding COVID-19 slump

– Global oil supply rises by 950,000 barrels per day in June from May

15.07.2025 Oil

Oil to remain dominant in global energy mix by 2050: OPEC

- Global primary energy demand projected to rise 23% by 2050, reaching 378 million barrels of oil equivalent per day

11.07.2025 Oil

Oil rises on strong US fuel demand, dollar decline amid Fed rate cut talk

- Trump's tariff threats continue to keep markets on edge, limiting oil price increase

11.07.2025 Oil

US crude oil inventories up by 1.7% for week ending July 4

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

11.07.2025 Oil

US energy agency revises up Brent price forecast for 2025

- International benchmark Brent crude estimated to average $68.89 per barrel

10.07.2025 Oil

Oil prices edge lower on surprise US stock build

- Growing fears over new US tariffs on key trade partners heighten demand worries, dragging oil prices lower

10.07.2025 Oil

Oil prices fall amid US tariff moves, OPEC+ output decision

- Eight key members of OPEC+ announced joint decision to boost production

10.07.2025 Oil

Oil slumps as OPEC+ surprises with bigger August hike, tariff uncertainties continue

- Alliance raises August output by 548,000 barrels per day, significantly above monthly hikes of 411,000 barrels approved for May through July, and April's 138,000-barrel rise

09.07.2025 Oil

OPEC+'s 8 members to increase output by 548,000 bpd in August

- Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman to raise production as part of gradual rollback of earlier voluntary cuts, OPEC statement says

10.07.2025 Oil

US oil rig count down by 7 for week ending July 3

- Number of US oil rigs fall by 54 compared to one year ago

07.07.2025 Oil

Oil heading for weekly gain as markets weigh demand hopes and supply risks

- With OPEC+ supply decision due this weekend and US tariff deadline looming next week, market participants remain cautious

05.07.2025 Oil

Oil prices dip on Iran-US diplomacy hopes, OPEC+ supply outlook

- Potential for renewed diplomacy between Tehran and Washington has eased fears of conflict in the Middle East and helped reduce oil supply concerns, contributing to decline in prices

04.07.2025 Oil

Oil prices fall on surprise rise in US crude and gasoline stocks

- Investors wary as major producers expected to announce output hike

04.07.2025 Oil

US crude oil inventories up by 0.9% for week ending June 27

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

04.07.2025 Oil

Oil prices edge lower as tariff uncertainty, inflation concerns weigh on market

- Signs of weak demand in US, world's largest oil consumer, are deepening market pressure

03.07.2025 Oil

Oil prices fall on OPEC+ output hike bets, US tariff concerns

- Market sentiment shifts as supply expectations rise and US trade tensions fuel demand concerns

01.07.2025 Oil

Oil prices edge higher as weak dollar boosts demand

- Prices inch up from last week's steep decline with weak US dollar, expected to raise demand by making oil cheaper for those who use foreign currencies

01.07.2025 Oil

Tel Aviv-Tehran reconciliation set to drive oil prices toward $60 range: Experts

- Oil prices drop more than 12% following three-week rally, with experts projecting prices to stabilize around $60 range going forward

01.07.2025 Oil

Türkiye's oil imports up 2.2% in April

- Crude oil imports rise by 5% to 2.88 million tons in April, latest data shows

30.06.2025 Oil

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

Kazakhstan starts construction of first nuclear power plant

US ready to fund viable nuclear energy projects in Türkiye, official says

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

Akkuyu Nuclear says commissioning underway for 1st reactor unit

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

Global consortium launches study on carbon capture hubs to support Asia's decarbonization

Global coal demand to remain on a plateau in 2025 and 2026: IEA

Türkiye says power system strong amid European blackout

Global carbon emission storage facilities double in 5 years

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

US approves additional LNG exports to non-FTA countries

More LNG supply is expected in 2026 supporting rising gas demand: IEA

Türkiye's LPG production up 10.1% in April

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

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

Türkiye, Iraq begin talks on new oil transport deal

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

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

Türkiye's renewable energy peaks in June

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

Citicore secures $77M loan for 125-MWp solar project in Philippines

Türkiye's renewable energy peaks in June

Turkish firm to invest $520 million in high-efficiency solar equipment production

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

Global renewables capacity more than doubles in a decade as hydropower remains top source

Google and Brookfield sign $3B US hydropower deal to support clean energy goals

Türkiye leads Europe with highest rise in hydropower capacity

Hydropower's role expands amid soaring global electricity demand

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

bp Q2 profit falls to $2.35B, beating forecast

Türkiye-UK trade deal could set global example: British envoy

EU energy imports from US to rise 2.5 times under new deal

Türkiye's daily power consumption down 1.3% on July 31

Spot market natural gas prices for Wednesday, July 30

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