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IEA revises up global oil demand growth forecast

- IEA revises up its 2025 oil demand growth forecast to 790,000 bpd from 710,000 bpd

13.11.2025 Oil

Oil prices fall amid rising supply and weak demand outlook

- Weak US demand signals, EIA forecasts, and OPEC output rise weigh on market sentiment

14.11.2025 Oil

US raises oil price forecast for 2025, 2026

- US agency projects 2025 averages at $68.76 for Brent and $65.15 for WTI with prices expected to fall from year-end into 2026

13.11.2025 Oil

OPEC crude oil production up 33,000 barrels per day in October

- Organization maintains its global oil demand growth forecast for both 2025 and 2026

13.11.2025 Oil

Oil prices slip as oversupply fears weigh on market

- OPEC+ output plans, weak Chinese demand, and Russia sanctions add pressure to market sentiment

13.11.2025 Oil

Oil falls as supply glut fears outweigh optimism over US government reopening

- Prices decline amid ongoing concerns about excess supply and unclear impacts of US sanctions on Russian oil producers

12.11.2025 Oil

Losing Lukoil refinery would put Bulgaria in 'extremely difficult situation,' vice president warns

- Iotova urges national consensus as parliament rushes through law to seize control of refinery amid US sanctions

11.11.2025 Oil , General

US oil rig count remains unchanged for week ending Nov. 7

- Number of US oil rigs dropped by 65 compared to one year ago

09.11.2025 Oil

Lukoil to exit Moldova amid US sanctions, Energy Minister says

- Lukoil to end operations in Moldova on Nov. 21 after US sanctions, with government seeking to buy its Chisinau airport fuel storage

08.11.2025 Oil

Oil heads for weekly loss on weak US demand, firm dollar

- Rising inventories and slow US manufacturing weigh on prices, while OPEC+ output pause and Russia-Ukraine tensions limit losses

09.11.2025 Oil

Gunvor withdraws bid for Lukoil assets after US sanctions

- Swiss trader says US Treasury’s remarks were “misinformed and false”

07.11.2025 Oil

Oil prices inch up as Western sanctions on Russia tighten supply

- Sanctions by US and Europe continue to drive market sentiment amid demand concerns

08.11.2025 Oil

Oil prices rise on falling US gasoline stocks, easing oversupply concerns

- Data showing decline in US gasoline inventories reinforced expectations of strong demand in world's largest oil consumer, supporting prices

07.11.2025 Oil

US crude oil inventories up by 1.3% for week ending Oct. 31

- Daily crude oil production increased to around 13.65 million barrels per day

06.11.2025 Oil

Oil edges higher as oversupply and demand concerns ease

- Market analysts say with global demand growth slowing, upside for prices in short term remains constrained

06.11.2025 Oil

Oil prices ease over possible supply surplus, weaker US manufacturing sector

- Investors interpret OPEC+'s move as a signal of potential supply surplus next year, putting downward pressure on prices

05.11.2025 Oil

Oil prices rise as OPEC+ hits pause on production hike amid supply concerns

- Analysts say the pause signals a pre-emptive attempt to keep the market balanced

04.11.2025 Oil

OPEC+ eight members to raise output by 137,000 bpd in December

- Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman agree to pause production increases during first quarter of next year due to seasonality

03.11.2025 Oil

US oil rig count down by 6 for week ending Oct. 31

- Number of US oil rigs dropped by 65 compared to one year ago

03.11.2025 Oil

Oil prices down on stronger dollar and supply concerns

- US dollar strengthens after Fed Chair Jerome Powell emphasizes caution and notes that further rate reductions were not certain, adding pressure on oil prices

01.11.2025 Oil

US crude oil inventories fall 1.6% for week ending Oct. 24

- Commercial crude stocks drop by 6.9 million barrels, exceeding expectations for 900,000 barrel fall

30.10.2025 Oil

Oil prices fall on Fed pause signals, rising output concerns

- Fed hints at possible pause in rate cuts, stoking demand worries

31.10.2025 Oil

Oil prices edge higher amid Gaza strikes and US-China trade deal hopes

- Geopolitical tensions and policy moves shape global oil markets, limiting price gains despite supply concerns

30.10.2025 Oil

Oil falls as OPEC output plan outweighs optimism over US-China trade talks

- OPEC+ plans modest output hike in December, extending its gradual rollback of supply cuts

28.10.2025 Oil

Türkiye's oil imports down 1% in August

- Crude oil imports show 8.6% rise in August to 2.87 million tons, latest data shows

29.10.2025 Oil

Russia's oil supplies to India remain high

- Energy minister says India continues as key partner for Russia in energy sector

29.10.2025 Oil

Oil edges higher as US-China trade talks yield progress

- Market optimism grows amid easing global economic concerns and Fed rate cut expectations

28.10.2025 Oil

US oil rig count up by 2 for week ending Oct. 24

- Number of US oil rigs down by 60 compared to one year ago

27.10.2025 Oil

China slams EU over fresh Russia sanctions, says dialogue 'only viable way' out of Ukraine war

- ⁠Beijing's reaction comes just after EU placed fresh sanctions on Chinese entities due to ongoing war in Ukraine

23.10.2025 Oil , Energy Diplomacy

Zelenskyy welcomes new US sanctions on Russia’s oil giants

- Ukrainian leader says move sends ‘strong and much-needed message’ that 'prolonging the war and spreading terror come at a cost'

24.10.2025 Oil , Energy Diplomacy

Brent crude rises over 2% after US sanctions on Russian oil giants

- US includes Rosneft, Lukoil, and dozens of affiliates on its sanctions list, citing "a serious lack of commitment" by Moscow to advancing peace talks

26.10.2025 Oil

EU lauds US move to sanction major Russian oil companies

- ‘With the imminent adoption of the EU’s 19th package (of sanctions), this is a clear signal from both sides of the Atlantic that we will keep up collective pressure on the aggressor,’ says Ursula von der Leyen

23.10.2025 Oil

US imposes new sanctions on Russia’s top oil firms over war in Ukraine

- 'Now is the time to stop the killing and for an immediate ceasefire,' says Treasury Secretary Scott Bessent

23.10.2025 Oil

US crude oil inventories down 0.2% for week ending Oct. 17

- Commercial crude stocks fall by 1 million barrels, defying market expectations for build, while gasoline inventories decline

23.10.2025 Oil

Oil prices rise as Ukraine war, US-China talks shape market outlook

- Lower US crude stocks signal tightening supply, while trade optimism supports demand

22.10.2025 Oil

Oil prices edge up on easing US-China trade tensions

- Optimism over potential trade deal supports prices, but weak demand outlook limits gains

21.10.2025 Oil

Oil prices fell on surplus fears, softer US-China trade tone

- Prices extend last week's losses as investors weigh emerging supply surplus

21.10.2025 Oil

US oil rig count remains unchanged for week ending Oct. 17

- Number of US oil rigs down by 64 compared to one year ago

19.10.2025 Oil

Oil edges higher after Trump says India will halt buying Russian oil

- Renewed uncertainty over US-China trade policies continues to put downward pressure on prices

17.10.2025 Oil

Russia warns that UK sanctions will backfire

- New measures against Rosneft and Lukoil will ‘boomerang’ and harm ordinary Britons, says Russia’s London embassy

18.10.2025 Oil

Trump says India's Modi agreed to stop purchasing Russian oil

- 'He's not buying his oil from Russia. It started. You know, you can't do it immediately. It's a little bit of a process, but the process is going to be over with soon,' says US president

17.10.2025 Oil

IEA revises global oil demand growth forecast downward

- IEA cut its 2025 oil demand growth forecast to 710,000 bpd from 740,000 bpd

15.10.2025 Oil

Oil falls on US-China trade uncertainty, easing Middle East tensions

- Demand worries deepen as tariff threats persist, geopolitical risk premium fades

15.10.2025 Oil

OPEC crude oil production up by 524,000 barrels per day in September

- Organization maintains its global oil demand growth forecast for both 2025 and 2026 unchanged

14.10.2025 Oil

Oil prices climb as US-China trade tensions escalate after tariff threats

- Prices rebound after US President threatened 100% tariffs on Chinese goods following China's tighter rare-earth export controls

14.10.2025 Oil

US oil rig count down by 4 for week ending Oct. 10

- Number of US oil rigs fall by 63 compared to one year ago

13.10.2025 Oil

Oil heading for slight weekly loss as markets weigh Gaza ceasefire

- Despite volatility, oil expected to remain range-bound in short term

14.10.2025 Oil

Oil prices fall on Gaza cease-fire deal despite new US sanctions on Iran

- Truce between Israel and Hamas reduce fears of supply disruptions in oil-rich Middle East

10.10.2025 Oil

US imposes new sanctions targeting Iran's oil export network

- Move targets Iran's petroleum, petrochemical sectors, including China-based buyers, shadow fleet vessels

11.10.2025 Oil

Over 40 Trump administration appointees have direct ties to oil, gas, coal sectors: Report

- Report identifies 111 'fossil fuel insiders and renewable energy opponents' placed in key energy, climate positions under Trump, who calls climate change a 'hoax'

11.10.2025 Oil

Oil prices rise on Fed rate cut optimism, EU defense push

- Falling US gasoline inventories pointing to robust demand, also lend upward support to oil prices

10.10.2025 Oil

US crude oil inventories rise 0.9% for week ending Oct. 3

- Commercial crude stocks increase by 3.7 million barrels, surpassing market expectations, while gasoline inventories decline

10.10.2025 Oil

EIA raises oil price forecasts for 2025, 2026

- US agency projects 2025 averages at $68.64 for Brent and $65 for WTI, with prices expected to fall from year-end into 2026

09.10.2025 Oil

Oil rises on OPEC+ production decision and efforts to curb Russian crude flows

- Last week's private-sector employment figures strengthen case for potential US rate cuts, supporting demand in oil-reliant sectors

09.10.2025 Oil

Cautious OPEC+ output hike continues to support oil prices

- OPEC+'s measured output hike offset concerns over a potential supply surplus

07.10.2025 Oil

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

- OPEC+ raises production as projected, easing supply concerns and limiting oil price gains

07.10.2025 Oil

OPEC+ eight members to raise output by 137,000 bpd in November

- Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman to slightly increase supply as part of phased return of earlier voluntary cuts, OPEC statement says

07.10.2025 Oil

US oil rig count down by 2 for week ending Oct. 3

- Number of US oil rigs fall by 57 compared to one year ago

05.10.2025 Oil

Oil heads for weekly loss on US stock build, OPEC+ supply outlook

- Markets slump on OPEC+ supply expectations and US crude build, with G7 sanctions and Ukraine war risks offering limited support

05.10.2025 Oil

Oil rises on supply worries, OPEC+ meeting in focus

- Fears of disruption to Russian energy exports push oil higher, though expectations of increased supply from OPEC+ limit gains

03.10.2025 Oil

Kazakhstan to ship 1.7M tons of oil through Baku-Tbilisi-Ceyhan pipeline

- BTC pipeline has attracted strong interest from Kazakh and international oil firms, energy minister says

05.10.2025 Oil

Türkiye’s state petroleum company to operate 2 oil fields in Kazakhstan

- Kazakhstan began using Baku-Tbilisi-Ceyhan Oil Pipeline, which is important for Türkiye and surrounding countries, Turkish Petroleum Corporation CEO tells Anadolu

05.10.2025 Oil

Oil inches up as G7 pressure on Russia offsets US stock build

- US crude inventories rise more than expected last week, signaling softer demand and keeping oil prices in check

03.10.2025 Oil

US crude oil inventories rise 0.4% for week ending Sept. 26

- Oil output edges up, remains above 2025 forecast

02.10.2025 Oil

Oil edges up as US demand supports prices, OPEC+ allays supply fears

- US crude stocks fall 3.67 million barrels, signaling firm demand in world’s largest consumer

02.10.2025 Oil

Türkiye's oil imports up 12% in July

- Crude oil imports show 11.7% rise in July to 2.92 million tons, latest data shows

01.10.2025 Oil

Oil slips amid OPEC+ supply outlook, US budget talks, Gaza peace plan

- Global markets react to supply signals, rising geopolitical and fiscal uncertainty in US

01.10.2025 Oil

Oil prices rise as supply fears outweigh Iraq-Türkiye pipeline flows, OPEC+ plans

- Geopolitical risks keep supply concerns elevated on Monday, nudging oil prices higher

30.09.2025 Oil

Resumption of oil shipments through Iraq-Türkiye pipeline bolsters regional energy security

- Pipeline has capacity to carry 1.5M barrels of crude a day from Iraq’s northern fields to Mediterranean port of Ceyhan in Türkiye

30.09.2025 Oil

US oil rig count up by 6 for week ending Sept. 26

- Number of US oil rigs fall by 60 compared to one year ago

30.09.2025 Oil

Iraq–Türkiye crude pipeline resumes oil flow, Turkish minister says

- Alparslan Bayraktar confirms restart of flow after over-2-year halt

30.09.2025 Oil

Oil prices rise on Ukraine-Russia tensions, US demand uptick

- Supply concerns from Ukraine and decline in US crude inventories boost global oil prices, while renewed flows from KRG cap gains

27.09.2025 Oil

Oil prices edge lower on northern Iraq export talks

- KRG says it met all conditions to resume exports, awaits Baghdad’s approval

25.09.2025 Oil

US crude oil inventories down by 0.1% for week ending Sept. 19

- Oil output slightly increases and stays above 2025 forecast

25.09.2025 Oil

Iran says oil sales not restricted under snapback mechanism

- 'Oil sales continue and we have no problem,' Iran's petroleum minister says

25.09.2025 Oil

Oil prices mixed on Fed remarks, supply concerns

- Decline in US crude stocks, geopolitical risks support prices despite market uncertainty

25.09.2025 Oil

Oil prices fall on KRG export deal, rising supply concerns

- Tripartite agreement between Baghdad, Erbil and oil firms to resume exports adds downward pressure on prices as Iraq boosts shipments

24.09.2025 Oil

Oil rises as EU sanctions Russia, Baltic tensions escalate

- Prices gain after EU announces new round of sanctions targeting Russia's energy revenues, shadow fleet, and military-related exports

22.09.2025 Oil

US oil rig count up by 2 for week ending Sept. 19

- Number of US oil rigs fall by 70 compared to one year ago

22.09.2025 Oil

Oil set for weekly gains amid supply concerns and falling crude inventories

- Market uncertainty continues amid potential sanctions on Russia, weak economic signals, and subdued consumption forecasts

22.09.2025 Oil

Oil prices slip on US demand weakness, supply glut fears

- Fed rate cut fails to lift sentiment as OPEC+ hikes, rising inventories weigh on market

19.09.2025 Oil

Oil prices fall as Fed cuts rates, US inventories drop

- Prices ease after Fed lowered its policy rate by 25 basis points Wednesday, the 1st cut of 2025

19.09.2025 Oil

US crude oil inventories down by 2.2% for week ending Sept. 12

- Output dips slightly but stays above 2025 forecast

19.09.2025 Oil

Oil down on Fed uncertainty, Russia sanctions risk

- Geopolitical concerns cap further losses

18.09.2025 Oil

Oil gains amid Ukraine attacks, US-China trade hopes, and Fed uncertainty

- Russia's Kirishi refinery in Leningrad region shut major processing unit after Ukrainian drone strike over weekend

17.09.2025 Oil

US oil rig count up by 2 for week ending Sept. 12

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

15.09.2025 Oil

Oil heading for weekly gain amid geopolitical tensions and cautious market sentiment

- Market participants remain cautious, balancing supply risks against concerns over demand and overall market oversupply

13.09.2025 Oil

Türkiye expects 2.4% drop in energy import bill in 2025

- Türkiye's growing energy independence, driven by renewables, increased oil and gas output, and softer global prices, is expected to ease its import burden

16.09.2025 Electricity , Natural Gas , Oil , Renewable , Finance

Oil prices fall as US inflation fears and tariff tensions weigh on demand

- Investors grew cautious as tariff-driven inflation risks clouded expectations that US Federal Reserve still has room to cut interest rates

15.09.2025 Oil

OPEC crude oil production up by 478,000 barrels per day in August

- Organization maintains its global oil demand growth forecast for both 2025 and 2026 unchanged

12.09.2025 Oil

Global oil demand set to rise in 2025, IEA says

- World oil output to rise 2.7 million bpd in 2025, 2.1 million in 2026, IEA sees

15.09.2025 Oil

US crude oil inventories up by 0.9% for week ending Sept. 5

- Daily crude oil production increased to around 13.49 million barrels per day

11.09.2025 Oil

Oil prices rise on supply risks, Russia sanctions threat

- Geopolitical tensions in Middle East, Ukraine heighten market jitters

11.09.2025 Oil

EIA slightly lifts Brent price forecast for 2025

- US agency sees average at $67.80 per barrel before sharp declines into 2026

13.09.2025 Oil

Oil rises on OPEC+ output hike, Russia sanctions risks

- Smaller production increase calms glut fears as Western allies weigh tougher measures on Moscow

09.09.2025 Oil

Zangezur Corridor poised to reshape Caspian–Europe energy routes

- Project seen as shortest route to diversify oil, gas and power flows away from Russia

11.09.2025 Electricity , Natural Gas , Oil , Energy Diplomacy

Qatar, Syria discuss cooperation in oil, gas sectors

- Qatari, Syrian energy ministers hold talks in Doha to bolster bilateral cooperation

09.09.2025 Natural Gas , Oil

China's crude oil imports rise 4.8% in August

- January-August imports hit around 376 million tons, up 2.5% year-on-year

10.09.2025 Oil

Oil prices rise amid escalating Russia-Ukraine conflict, OPEC+ output hike

- OPEC and its allies agreed to boost oil output by 137,000 barrels per day (bpd) in October

09.09.2025 Oil

US oil rig count up by 2 for week ending Sept. 5

- Number of US oil rigs fall by 69 compared to one year ago

08.09.2025 Oil , Refining/Petro Chemistry

Oil prices post weekly loss amid supply concerns, US inventory build

- Markets focus on OPEC+ meeting, where members are widely expected to discuss increasing production in October

08.09.2025 Oil

Oil prices ease on surprise US stock build, OPEC+ supply risks

- US crude stocks rise 2.4M barrels, markets eye output decision this weekend

05.09.2025 Oil

US crude oil inventories rise 2.4M barrels, defying forecasts

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

06.09.2025 Oil

Oil prices slip on OPEC+ output expectations, rising US stockpiles

- Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria and Oman to meet Sunday to review October production plans

05.09.2025 Oil

Oil prices slip on weak US demand outlook

- Sanctions, trade tensions and OPEC+ meeting keep markets cautious

04.09.2025 Oil

UK's first small modular nuclear reactors to be built in Wales, prime minister confirms

Rosatom and Brazil exploring cooperation on rare earth elements

Will building nuclear power plants empower Africa or entrench foreign reliance?

Talks to revise S.Korea's nuclear energy pact with US to start soon: Seoul

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

US to invest $625M to expand coal industry

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

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 27.2% in September

EU imports of liquefied natural gas from Russia reach record levels amid overall gas decline

ADNOC signs 15-year LNG supply deal with Shell for Ruwais project

Türkiye's LPG production up 5.14% in August

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 up by 2 for week ending Sept. 5

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

Goldwind names Alper Kalayci, localization, supply chain manager in Türkiye

Nordex Group to install 90 MW wind power capacity in Türkiye

China's Dongfang plans $250M wind turbine plant in Türkiye

Europe to reach 441 GW of wind power by 2030

Türkiye, UAE advance $1B deal for Nigde solar power plant

QatarEnergy, Samsung C&T ink deal to build Dukhan solar power plant

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

Hydropower gains new momentum as pumped storage accelerates globally

India launches $77 billion hydropower plan in Brahmaputra river

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

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

Türkiye, Canada's AtkinsRealis launch technical studies on future nuclear projects

ADNOC signs 15-year LNG supply deal with Shell for Ruwais project

Most countries fall short on updated climate plans: UN report

Venezuela suspends energy deal with Trinidad over US warship visit

Japan, US reveal 1st projects under Tokyo’s $550B investment package

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

Karpowership draws rising interest as it powers eight African nations

World Bank to continue financing new energy projects in Türkiye

Türkiye’s YEKA tenders set to draw $3.3B in renewables investment

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

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