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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

10:56 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

09:55 Oil

US Embassy in Iraq condemns drone attacks on oil fields

- Targeted Sarsang field in Iraq operated by US HKN Energy company

16.07.2025 General

Drone attacks hit three oil fields in northern Iraq, causing damage

- Kurdish Regional Government condemns strikes on infrastructure; no casualties reported

16.07.2025 General

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

16.07.2025 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

15.07.2025 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

15.07.2025 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

14.07.2025 Oil

US oil rig count down by 1 for week ending July 11

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

12.07.2025 General

Oil prices rise on strong US demand, weak dollar

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

11.07.2025 Oil

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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

11.07.2025 Oil

Oil prices rise on supply concerns after Trump's Russia remarks

- Investors remain cautious amid uncertainty over tariff policy

11.07.2025 Electricity

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

10.07.2025 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

10.07.2025 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

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

09.07.2025 Oil

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

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

08.07.2025 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

07.07.2025 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

05.07.2025 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

05.07.2025 Oil

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

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

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

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

Spot market electricity prices for Thursday, July 10

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

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