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Oil prices edge lower as tariff uncertainty, inflation concerns weigh on market

Oil prices edge lower as tariff uncertainty, inflation concerns weigh on market

- Signs of weak demand in US, world's largest oil consumer, are deepening market pressure

02.07.2025 Oil

Oil prices fall on OPEC+ output hike bets, US tariff concerns

Oil prices fall on OPEC+ output hike bets, US tariff concerns

- Market sentiment shifts as supply expectations rise and US trade tensions fuel demand concerns

01.07.2025 Oil

Oil prices edge higher as weak dollar boosts demand

Oil prices edge higher as weak dollar boosts demand

- Prices inch up from last week's steep decline with weak US dollar, expected to raise demand by making oil cheaper for those who use foreign currencies

30.06.2025 Oil

Tel Aviv-Tehran reconciliation set to drive oil prices toward $60 range: Experts

Tel Aviv-Tehran reconciliation set to drive oil prices toward $60 range: Experts

- Oil prices drop more than 12% following three-week rally, with experts projecting prices to stabilize around $60 range going forward

30.06.2025 Oil

Türkiye's oil imports up 2.2% in April

Türkiye's oil imports up 2.2% in April

- Crude oil imports rise by 5% to 2.88 million tons in April, latest data shows

28.06.2025 Oil

UN nuclear watchdog says radiation levels in Gulf remain normal after Iran's nuke sites hit by Israel, US

UN nuclear watchdog says radiation levels in Gulf remain normal after Iran's nuke sites hit by Israel, US

- International Radiation Monitoring System, which includes 48 countries, shows no significant radioactive release from Iran's nuclear facilities, says International Atomic Energy Agency chief

28.06.2025 General

US oil rig count down by 6 for week ending June 27

US oil rig count down by 6 for week ending June 27

- Number of US oil rigs fall by 47 compared to one year ago

28.06.2025 Oil

Oil prices set for weekly drop as Israel-Iran supply fears ease

Oil prices set for weekly drop as Israel-Iran supply fears ease

- Oil posts sharp drop as initial war-driven supply fears faded following a cease-fire between Israel and Iran, despite lingering regional tensions and strong US demand signals

27.06.2025 Oil

Türkiye seeks closer energy ties with Libya and Armenia

Türkiye seeks closer energy ties with Libya and Armenia

- Türkiye and Libya are in talks to explore joint opportunities in hydrocarbon development, particularly in upstream oil and gas projects

27.06.2025 Energy Diplomacy

Oil up on Trump's China trade deal announcement, renewed Fed pressure

Oil up on Trump's China trade deal announcement, renewed Fed pressure

- Prices gain after US signs trade deal with China and hints at possible agreement with India

27.06.2025 Oil

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Oil up on US inventory drop, market cautious amid Iran-Israel truce uncertainty

Oil up on US inventory drop, market cautious amid Iran-Israel truce uncertainty

- Sharper than expected drop in US crude inventories points to strong demand, while geopolitical risks keep traders on edge

26.06.2025 Oil

US crude oil inventories down by 1.4% for week ending June 20

US crude oil inventories down by 1.4% for week ending June 20

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

26.06.2025 Oil

Turkish, Libyan national oil companies to begin exploration at 4 sites in Libya

Turkish, Libyan national oil companies to begin exploration at 4 sites in Libya

- TPAO to conduct seismic survey in Libya

25.06.2025 Oil

Israel-Iran ceasefire, falling oil prices seen boosting Turkish economy

Israel-Iran ceasefire, falling oil prices seen boosting Turkish economy

- Experts say oil price drop to help Türkiye curb inflation, ease current account deficit

25.06.2025 Oil

Oil, gas prices retreat to below pre-conflict levels after Israel-Iran ceasefire

Oil, gas prices retreat to below pre-conflict levels after Israel-Iran ceasefire

- Brent crude and European gas prices surged since Israel's June 13 attack on Iran, but fell Tuesday after ceasefire announcement

25.06.2025 Natural Gas Oil

Vessel traffic in Strait of Hormuz continues

Vessel traffic in Strait of Hormuz continues

- No significant decline in ship traffic except for 6 vessels making U-turns to avoid waterway amid Israel–Iran conflict

24.06.2025 Natural Gas Oil

Oil prices fall as Israel-Iran ceasefire reports eases supply concerns

Oil prices fall as Israel-Iran ceasefire reports eases supply concerns

- US President Donald Trump announces that a ceasefire between Iran and Israel is now in effect, urging both parties to go along with it

24.06.2025 Oil

European gas prices fall after Trump announces Israel-Iran ceasefire

European gas prices fall after Trump announces Israel-Iran ceasefire

- Market tensions ease as fears of disruption to global LNG trade through Strait of Hormuz subside

24.06.2025 Natural Gas

Trump calls for keeping oil prices down amid surge following US strikes on Iran

Trump calls for keeping oil prices down amid surge following US strikes on Iran

- US president warns against playing into 'enemy's hands' as prices surge following attacks Trump ordered on Iranian nuclear facilities

23.06.2025 Oil

Germany concerned over Iranian threat to block Strait of Hormuz

Germany concerned over Iranian threat to block Strait of Hormuz

- We are ‘monitoring the situation in the Strait of Hormuz very closely,’ chancellery spokesman Stefan Kornelius tells reporters in Berlin

23.06.2025 General

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Iran fires new salvo of missiles on Israel as conflict escalates

Iran fires new salvo of missiles on Israel as conflict escalates

- Army says missile barrage triggered air-raid sirens in central, northern Israel

23.06.2025 Electricity

Iran retaliation would be 'worst mistake' ever made, warns US secretary of state

Iran retaliation would be 'worst mistake' ever made, warns US secretary of state

- Marco Rubio says Tehran completely 'vulnerable' after US nuclear strikes

23.06.2025 Nuclear

Russia condemns 'unprovoked' Israeli, US bombing of Iranian nuclear sites

Russia condemns 'unprovoked' Israeli, US bombing of Iranian nuclear sites

- 'Washington, yet again, demonstrated its complete contempt for the position of the international community,' Vassily Nebenzia tells UN Security Council

23.06.2025 General

US oil rig count down by 1 for week ending June 20

US oil rig count down by 1 for week ending June 20

- Number of US oil rigs fall by 46 compared to one year ago

21.06.2025 Oil

Oil prices eye 3rd straight weekly gain amid escalating Israel-Iran conflict

Oil prices eye 3rd straight weekly gain amid escalating Israel-Iran conflict

- Brent crude trims recent gains, but remains on track for a 2.6% weekly increase due to escalating geopolitical tensions and supply-side concerns

20.06.2025 Oil

Oil prices surge 11% amid week-long Israel-Iran conflict

Oil prices surge 11% amid week-long Israel-Iran conflict

- If current geopolitical crisis persists or worsens, market will have to recalibrate to new normal around $80, says an independent oil market analyst

20.06.2025 Oil

Oil down with Fed inflation forecast, easing geopolitical tensions

Oil down with Fed inflation forecast, easing geopolitical tensions

- Oil falls as Fed raises inflation forecasts and US hesitancy eases supply fears

20.06.2025 Oil Finance

Russia says strike on Iran's Bushehr plant may lead to 'catastrophe comparable to Chernobyl'

Russia says strike on Iran's Bushehr plant may lead to 'catastrophe comparable to Chernobyl'

- Such a strike would be 'beyond line between good and evil,' says Rosatom head, adds state corporation monitoring situation at Bushehr plant, safety of Russian specialists

20.06.2025 General

Iran-Israel tensions threaten Israel's energy infrastructure, raise supply security fears

Iran-Israel tensions threaten Israel's energy infrastructure, raise supply security fears

- Heightened tensions with Iran cast doubt over stability of Israel's energy operations and regional supply routes

19.06.2025 Energy Diplomacy

Oil rises on US inventory drop, geopolitical tensions, and Fed rate decision

Oil rises on US inventory drop, geopolitical tensions, and Fed rate decision

- Markets brace for potential supply shock amid US stock decline and regional unrest

19.06.2025 Oil

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