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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
Chinese JTPV, Turkish Schmid Pekintas to build 5 GW solar cell factory in Türkiye
- Factory construction to start soon with operation scheduled for 2026
Japan resumes Russian crude oil imports after over 2-year hiatus: Report
- Sanctioned vessel, Voyager, delivered crude to Taiyo Oil refinery on June 8
12.06.2025
Oil
South Korea, Czech Republic leaders discuss economic cooperation expansion after nuclear plant deal
- Czech Prime Minister Petr Fiala, South Korean President Lee Jae-myung welcome signing of $18.6B deal to build nuclear power plant in Czech Republic
11.06.2025
Electricity
US energy agency slightly revises up Brent price forecast for 2025
- International benchmark Brent crude estimated to average $65.97 per barrel
Electric car sales in China rise 28.2% in May
- Around 1M electric cars sold in China last month
10.06.2025
Electricity
Deflationary trend continues in consumer, producer prices in China
- In May, consumer prices fall by 0.1% producer prices down by 3.3%
China says it's ready to fast-track rare earth exports to EU
- Commerce Minister Wang, EU Trade Commissioner Sefcovic met in Paris as sides discussed brandy, electric vehicle disputes, says China
08.06.2025
General
Japan to propose cooperation on rare earth elements in US tariff talks: Report
- Tokyo seeks supply chain deal to ease China-driven shortages and accelerate tariff relief
06.06.2025
Natural Gas
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Oil prices set for weekly drop with possibility of OPEC+ output hike
- Eight-member coalition of OPEC+ group—including Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman— are set to meet on Saturday
30.05.2025
Oil
Türkiye's oil imports down 7.8% in March
- Crude oil imports fall by 6.6% to 2.50 million tons in March, latest data shows
30.05.2025
Oil
Japan enacts law obliging firms to join carbon emissions trading scheme
- Government estimates companies account for nearly 60% greenhouse gas emissions
28.05.2025
General
Saudi Arabia and Kuwait announce new oil discovery in Partitioned Zone
- Wara reservoir in North Wafra (Wara-Burgan-1) well shows production rate exceeding 500 barrels per day
26.05.2025
Oil
US crude oil inventories up by 0.3% for week ending May 16
- Daily crude oil production increased to around 13.39 million barrels per day
22.05.2025
Oil
Oil edges higher amid reports of potential Israeli strike on Iran's nuclear facilities
- Intelligence reports of possible Israeli strike on Iranian nuclear sites raises fear of supply disruptions despite ongoing US-Iran nuclear negotiations
21.05.2025
Oil
Coal mine accident in China kills 3 miners, 130 rescued
- Water surge claims three lives in coal mine accident in Baiyin, northwest China's Gansu province
20.05.2025
analysis
Oil prices edge lower amid Russia-Ukraine peace talks, demand concerns
- Markets react cautiously as Trump claims imminent Russia-Ukraine ceasefire following call with Putin
20.05.2025
Oil
Oil prices fall amid surprise rise in US crude stocks, US-Iran nuclear talks
- US Energy Information Administration reports 3.5 million barrel rise in country's commercial crude oil inventories last week, reaching 441.8 million barrels
15.05.2025
Oil
US crude oil inventories up by 0.8% for week ending May 9
- Daily crude oil production increased to around 13.38 million barrels per day
15.05.2025
Oil
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China-Saudi energy alliance challenges global geopolitical balance
- Ahead of US President's visit to Middle East on May 13, agreements signed between China's Sinopec and Saudi Aramco underscore growing energy partnership between Beijing and Riyadh
12.05.2025
Energy Diplomacy
Oil prices rise amid signs of progress in US-China trade talks
- Oil prices edge higher as US-China trade talks show signs of progress, easing global market tensions
12.05.2025
Oil
Oil prices rise weekly amid US inventory drop, trade talks, OPEC+ move
- Crude prices rebound sharply as demand signals strengthen and global trade tensions ease
09.05.2025
Oil
US crude oil inventories down by 0.5% for week ending May 2
- Daily crude oil production decreased to around 13.36 million barrels per day
08.05.2025
Oil
US energy agency revises down Brent price forecast for 2025
- International benchmark Brent crude estimated to average $65.85 per barrel
07.05.2025
Oil
US crude oil inventories down 0.6% for week ending April 25
- Daily crude oil production rises to around 13.46 million barrels per day
01.05.2025
Oil
Rare earths: Why China’s dominance is a trump card in US trade war
- ‘While countries like the US and Australia have reopened mines, they remain dependent on China for refining,’ says energy strategist Umud Shokri
22.04.2025
General
China, Gulf nations hold 1st dialogue on peaceful use of nuclear technology
- Officials and experts from China, Saudi Arabia, Bahrain, Kuwait, Qatar, United Arab Emirates gather in southwestern China
22.04.2025
General
China set to surpass 50% of global solar capacity in 2025
- China's solar power capacity reaches 946.3 GW by end of March, with 59.6 GW of new solar capacity added in first three months of this year
22.04.2025
Solar
US crude oil inventories up 0.1% for week ending April 11
- Daily crude oil production rises to around 13.46 million barrels per day
17.04.2025
Oil
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