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Oil down with investor caution ahead of US stocks data release
-Last week, US crude oil stocks recorded surprise drop, far exceeding market expectations of inventory rise
Spot market natural gas prices for Sunday, Oct. 24
- 1,000 cubic meters of natural gas on spot market costs 3,424 Turkish liras
Oil up amid supply deficit concerns, global energy crunch
- Expectation of warmer winter in US limits demand and further price increases
Turkey's gas imports up 24.3% in August 2021
- Natural gas volume in Turkey's storage grows by 10.8% to around 2.69 billion cubic meters in August 2021
Spot market natural gas prices for Saturday, Oct. 23
- 1,000 cubic meters of natural gas on spot market costs 3,424 Turkish liras
Spot market natural gas prices for Friday, Oct. 22
- 1,000 cubic meters of natural gas on spot market costs 3,424 Turkish liras
Rising energy prices pose inflation risks: World Bank
- Elevated food prices, combined with recent spike in energy costs, pushing food price inflation up, report says
US oil rig count down by 2 for week ending Oct. 22
- Number of US oil rigs rise by 232 compared to one year ago
Oil shows limited gains amid mixed demand messages in week ending Oct. 22
- Easing gas and coal prices and forecast of mild winter in US cool off demand for oil in power generation
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Spot market natural gas prices for Thursday, Oct. 21
- 1,000 cubic meters of natural gas on spot market costs 3,424 Turkish liras
Turkey takes precautions to avoid gas shortages in winter: Energy Minister
- We are in a strong position in terms of technical infrastructure, says Donmez
Oil prices down as demand for oil in power generation cools off
- Renewed COVID-19 concerns in Asia and forecast for milder winter in US put pressure on oil prices
Spot market natural gas prices for Wednesday, Oct. 20
- 1,000 cubic meters of natural gas on spot market costs 3,422 Turkish liras
Oil prices mixed, yet strong on solid US demand, global energy crunch
- Tightening supply raises market concerns as OPEC and allies stick to planned slow supply increase
Algerian LNG vessel to arrive in Turkey on Oct. 23
- Vessel is sailing under flag of Bahamas
US crude oil inventories down 0.1% for week ending Oct. 15
- Commercial crude oil stocks decrease by 400,000 barrels, against market expectation of 2.2 million-barrel rise
Germany has EU's highest power bill in 1H21
- Netherlands consumed the most expensive natural gas at €9.61 per 100 kilowatt-hours
Spot market natural gas prices for Tuesday, Oct. 19
- 1,000 cubic meters of natural gas on spot market costs 3,418 Turkish liras
Oil down on build of US crude stocks, China's effort to ease coal crunch
- Oil becomes more desirable for power ahead of winter heating season, triggering demand concerns and outstripping supply
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Europe's gas storage levels fall by over 20% in Jan-Sept.
- Country with most gas in its storage is Italy with 17.6 billion cubic meters, according to official data
Spot market natural gas prices for Monday, Oct. 18
- 1,000 cubic meters of natural gas on spot market costs 3,361 Turkish liras
Set up of EU strategic gas reserve will not solve current energy crisis, experts say
- EU leaders are due to discuss options to mitigate effects of energy crisis in upcoming summit on Oct. 21-22
Greater demand ahead of winter drives oil prices up amid energy crunch
- Oil, much in demand as alternative fuel to costly coal, gas, is triggering demand concerns and outstripping supply
Around 22% of European and 31% of US gas plants run at loss
- Utilities risk losing billions as surging fuel prices compound problems facing gas industry, report says
Gazprom's gas exports increase over 13% between Jan. 1 and Oct. 15
- Company's exports to Turkey increase by 125.3%, according to latest data
Spot market natural gas prices for Sunday, Oct. 17
- 1,000 cubic meters of natural gas on spot market costs 3,183 Turkish liras
Oil prices up on continuation of energy crunch, demand recovery
- Easing restrictions around world could boost fuel consumption
US oil rig count up by 12 for week ending Oct. 15
- Number of US oil rigs rise by 240 compared to one year ago