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Oil prices rise on Russia-Ukraine tensions, Fed rate cut bets

- There is little chance of diplomatic breakthrough between Russia and Ukraine, according to German Chancellor Friedrich Merz

02.09.2025 Oil

TotalEnergies, QatarEnergy and SNPC win exploration permit offshore Congo

- Around 1,000-square-kilometer permit lies about 100 kilometers off Pointe-Noire near TotalEnergies' Moho facilities, with 1 exploration well planned before end of this year

02.09.2025 Oil

Brent drops over $4 in August after three-month rally

- Brent crude ends August down 6% as concerns over weaker demand are compounded by Washington's decision to raise tariffs on Indian imports to 50%

01.09.2025 Oil

US oil rig count up by 1 for week ending Aug. 29

- Number of US oil rigs fall by 71 compared to one year ago

01.09.2025 Oil

Geopolitical risks, Fed optimism lift oil to modest weekly rise

- Geopolitical tensions lend support despite trade and demand concerns

31.08.2025 Oil

Oil edges lower as US doubles tariffs on Indian imports

- New US tariffs threaten to disrupt $87 billion in Indian exports, experts say

29.08.2025 Oil

Türkiye to deploy AI in oil and gas exploration

- AI model developed jointly by TPAO and Havelsan aims to cut costs, time, and reduce drilling risks

30.08.2025 Oil , Upstream

Türkiye's oil imports up 5.9% in June

- Crude oil imports rose by 2.9% to 2.92 million tons in June, latest data shows

28.08.2025 Oil

Oil prices fall on US tariffs, demand concerns

- Markets eye India's response to tariff hike, Russian oil imports

29.08.2025 Oil

Russia extends gasoline export ban until Oct. 31

- Following record-high prices domestically, Russian government temporarily banned gasoline exports on July 28 until August 31, yet, prices continued to rise

28.08.2025 Oil

US crude oil inventories down 0.6% for week ending Aug. 22

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

29.08.2025 Oil

Brent crude dips on peace efforts,US-India tariff tensions

- Oil prices retreat as diplomatic efforts ease supply fears, while Trump's tariff decision on India and Fed turmoil shape market sentiment

28.08.2025 Oil

Oil prices fall on Trump's tariff threats

- Trump reiterates plan to impose “very heavy” sanctions on Russia if no Ukraine deal reached

27.08.2025 Oil

Russia's Gazprom, Mongolia sign memorandum on oil, gas cooperation

- Agreement aims to develop partnership in energy sector, signed in presence of Mongolian president

26.08.2025 Natural Gas , Oil

Russia extends gasoline export ban

- Ban extended by Russian Energy Ministry due to continued rise in gasoline prices

27.08.2025 Oil

Libya's NOC to host first US-Libya Energy Forum

- Event is designed to strengthen bilateral relations, attract US investment in Libya's oil and gas industry, and foster sustainable energy framework

26.08.2025 Oil

Global chemical oil recovery market set to hit $1.4 billion by 2031

- Chemical oil recovery offers opportunities to extend life of aging fields, but high costs, environmental risks, and competition from carbon dioxide-based methods remain a challenge

26.08.2025 Oil

Equinor, partners strike oil and gas near Troll field in North Sea

- Estimated resources range from 0.1 to 1.1 million standard cubic meters, with reservoir quality described as 'moderate to very good,' Norvegian company announces

26.08.2025 Oil

Oil prices edge higher amid Ukraine-Russia tensions

- Expectations of Fed rate cut lift growth prospects and oil demand outlook, providing additional support to prices

25.08.2025 Oil

Brent posts 10.8% drop in 2Q25 on US tariffs, OPEC+ output hikes

- Brent crude falls 10.8% from $74.55 in March to $66.46 in second quarter due to OPEC+ production increases and US reciprocity-based tariffs

25.08.2025 Oil

US oil rig count down by 1 for week ending Aug. 22

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

25.08.2025 Oil

Oil set to post weekly gain on escalating Russia-Ukraine war

- US sanctions two China-based terminal operators tied to Iranian oil imports, adding upward pressure on crude prices

24.08.2025 Oil

Oil rises on Ukraine tensions, US crude stock draw

- Brent crude gains on heightened Russia-Ukraine tensions and strong US crude drawdown

24.08.2025 Oil

Oil rises on stronger US demand, Fed uncertainty and Russia-Ukraine talks

- Markets assign 82% probability to September Fed rate cut, with expectations for two 25-basis-point moves in 2025

22.08.2025 Oil

Moscow has 'special mechanism' to continue oil supplies to India amid US tariffs: Russian official

- Russian markets open to Indian goods amid US tariffs, says Russian deputy envoy in New Delhi

21.08.2025 Oil

Oil rises on US crude draw, Ukraine peace talks in focus

- American Petroleum Institute reports 2.4 million-barrel inventory decline, exceeding forecasts

20.08.2025 Oil

Oil prices edge lower as Trump, Zelenskyy signal talks with Putin

- Prices eased after Trump said preparations were underway for a trilateral summit with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy

20.08.2025 Oil

Hungary says Russian oil flows halted following Ukraine's attack on pipeline

- This latest strike against our energy security is outrageous and unacceptable, Foreign Minister Szijjarto says

19.08.2025 Oil

Oil prices edge lower despite upbeat signals from Trump-Putin meeting

- Brent crude dipped slightly as markets weighed cautious optimism over peace talks in Ukraine against expectations of potential increases in Russian oil supply

19.08.2025 Oil

Price slump wipes out over $24 billion of first-half profits for oil giants

- Earnings of world’s top 12 oil firms fall 19% to $103.9 billion

18.08.2025 Oil

US oil rig count up by 1 for week ending Aug. 15

- Number of US oil rigs fall by 71 compared to one year ago

18.08.2025 Oil

Oil prices post weekly gains on Fed rate cut hopes, Trump-Putin summit focus

- Uncertainty over summit’s outcome keeps market players on edge

16.08.2025 Oil

Oil prices edge lower ahead of Trump-Putin summit in Alaska

- Markets grapple with uncertainty ahead of Trump-Putin summit, where a ceasefire could ease supply concerns

16.08.2025 Oil

Oil rises on Fed rate cut hopes, caution ahead of US-Russia summit

- Lower interest rates expected to stimulate US economic activity, boosting oil demand

15.08.2025 Oil , Finance

US crude oil inventories up by 0.7% for week ending Aug. 8

- Daily crude oil production rises to around 13.33 million barrels per day

15.08.2025 Oil

Iraq, Syria discuss reviving Kirkuk-Baniyas oil pipeline after 2-decade halt

- Talks came during meeting in Baghdad between Iraqi prime minister, Syrian energy minister

14.08.2025 Oil

IEA sees slower oil demand growth in 2025 as non-OECD deliveries lag

- Despite weaker-than-expected demand in China, India and Brazil in recent months, all of 600,000 bpd annual growth in 2nd quarter of 2025 came from non-OECD countries

13.08.2025 Oil

India's oil import bill set to soar as US tariffs pressure Russian crude purchases

- Full halt to Russian imports is improbable in near term however refiners are expected to gradually diversify supply, according to Kpler analyst

15.08.2025 Oil , Finance

US energy agency revises down Brent price forecast for 2025

- International benchmark Brent crude estimated to average $67.22 per barrel

13.08.2025 Oil

Oil prices dip on crude build forecast and uncertainty over Russia-US talks

- The American Petroleum Institute forecasts over a 1.5 million-barrel increase in US crude inventories for week ending Aug. 8

13.08.2025 Oil

OPEC crude oil production up by 263,000 barrels per day in July 2025

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

13.08.2025 Oil

Oil edges up amid tariff delay, uncertainty over Russia-US talks

- US inflation above Fed's 2% target limits price gains

13.08.2025 Oil

'Necessary to limit export of Russian oil,' Zelenskyy tells India's Modi

- New Delhi faces 50% US tariffs over purchases of Russian oil

13.08.2025 Oil

Oil prices extend losses ahead of US-Russia talks on Ukraine war

- Upcoming talks raise hopes that sanctions restricting Russian oil exports might be eased

12.08.2025 Oil

US oil rig count down by 1 for week ending Aug. 8

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

09.08.2025 Oil

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

UN nuclear watchdog confirms normal radiation levels near Kursk power plant

South Korea, US to discuss revising nuclear energy pact: Report

Iran to begin new round of talks with UN nuclear watchdog in upcoming days

South Korea set to restart Shin-Hanul 2 nuclear reactor

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

Türkiye's LPG production up 16.8% in June

Algerian LNG vessel to arrive in Türkiye on September 1

US approves additional LNG exports to non-FTA countries

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

Türkiye to deploy AI in oil and gas exploration

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

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

Construction begins on UK's fourth largest wind farm in Scotland

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 solar set for record year after 64% growth in first half of 2025

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

Türkiye's Orta Asya Investment Holding's hydropower project in Kyrgyzstan to support regional energy transformation

Türkiye's Yusufeli Dam supplies power to 2.5 million people annually

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

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

Oil rises on Fed rate cut hopes, caution ahead of US-Russia summit

Türkiye's daily power consumption down 0.3% on August 13

India's oil import bill set to soar as US tariffs pressure Russian crude purchases

bp Q2 profit falls to $2.35B, beating forecast

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

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