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Oil slips on oversupply concerns and renewed US-China trade tensions

- Global oil supply is forecast to expand by 3 million bpd this year to 106.1 million bpd, followed by a 2.4 million bpd increase next year

11:13 General

IEA revises global oil demand growth forecast downward

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

14.10.2025 Oil

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

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

14.10.2025 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

13.10.2025 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

13.10.2025 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

11.10.2025 Oil

Oil heading for slight weekly loss as markets weigh Gaza ceasefire

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

10.10.2025 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 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

09.10.2025 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

08.10.2025 Oil

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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

06.10.2025 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

05.10.2025 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

04.10.2025 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

03.10.2025 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

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

02.10.2025 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

01.10.2025 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

30.09.2025 Oil

Energy pacts to bolster Türkiye-US strategic partnership, expert says

Ukraine restores power at Chernobyl nuclear power plant after alleged Russian strike

Rosatom chief vows support for China’s nuclear expansion

UN nuclear watchdog confirms normal radiation levels near Kursk power plant

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

Energy pacts to bolster Türkiye-US strategic partnership, expert says

Greenpeace activists block LNG terminal in Belgium to protest imports from Russia, US

Türkiye's LPG production up 2% in July

POSCO becomes 1st South Korean firm to join Trump’s Alaska LNG project

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

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

Europe's wind power capacity rises by 6.8 GW in 1H25

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

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

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

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

World Bank to continue financing new energy projects in Türkiye

EIB and Ukraine ink deal to safeguard EU recovery funds against corruption

European Investment Bank to lend €25.9M to Iberdrola for wind farm in Greece

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

Guinea targets energy reform through renewable development and infrastructure expansion investments

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

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

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

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