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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

Turkish, Chinese firms aim to expand renewable energy cooperation to 3rd countries

Turkish, Chinese firms aim to expand renewable energy cooperation to 3rd countries

- Partnership with China, seen as strategically important in recent years, is bringing Chinese technology and supply capabilities to Türkiye, particularly in solar panels and battery systems

27.06.2025 Renewable General

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

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

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

US crude oil inventories down by 2.7% for week ending June 13

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

Chinese JTPV, Turkish Schmid Pekintas to build 5 GW solar cell factory in Türkiye

- Factory construction to start soon with operation scheduled for 2026

13.06.2025 Finance Solar Renewable

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Electric car sales in China rise 28.2% in May

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

Deflationary trend continues in consumer, producer prices in China

- In May, consumer prices fall by 0.1% producer prices down by 3.3%

09.06.2025 Finance General

China says it's ready to fast-track rare earth exports to EU

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

US oil rig count down by 9 for week ending June 6

US oil rig count down by 9 for week ending June 6

- Number of US oil rigs fall by 50 compared to one year ago

07.06.2025 Oil

Japan to propose cooperation on rare earth elements in US tariff talks: Report

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

US crude oil inventories down by 1% for week ending May 30

US crude oil inventories down by 1% for week ending May 30

- Daily crude oil production increased to around 13.41 million barrels per day

05.06.2025 Oil

US nuclear plan permits limited uranium enrichment in Iran: Report

US nuclear plan permits limited uranium enrichment in Iran: Report

- White House offer contradicts officials' statements on complete dismantlement of Iran's nuclear program, reports Axios

03.06.2025 Energy Diplomacy

Turkish, Qatari, US firms sign $7B energy deal in Syria

Turkish, Qatari, US firms sign $7B energy deal in Syria

- Energy deal includes natural gas power plants and solar plant with total capacity of 5,000 megawatts

30.05.2025 General

US crude oil inventories down by 0.6% for week ending May 23

US crude oil inventories down by 0.6% for week ending May 23

- Daily crude oil production increased to around 13.4 million barrels per day

30.05.2025 Oil

Indian authorities brace for possible oil spill after ship sinks off southern Kerala state

Indian authorities brace for possible oil spill after ship sinks off southern Kerala state

- Liberian-flagged vessel, carrying 'hazardous' cargo sank off Kochi coast early Sunday, with all crew rescued

27.05.2025 Oil

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Trump signs orders to expand nuclear power production in US

Trump signs orders to expand nuclear power production in US

- 'It's a hot industry. It's a brilliant industry ... It's become very safe,' says US president

24.05.2025 Energy Diplomacy

Oman says 5th round of Iran-US nuclear talks to take place in Rome

Oman says 5th round of Iran-US nuclear talks to take place in Rome

- New round is on Friday, according to Foreign Minister Badr Albusaidi

22.05.2025 General

US sanctions rollback expected to boost Syria's rebuilding process

US sanctions rollback expected to boost Syria's rebuilding process

- Following US President Donald Trump's announcement to lift sanctions on Syria, focus shifts to how Damascus will meet its energy needs

21.05.2025 Oil Energy Diplomacy

Coal mine accident in China kills 3 miners, 130 rescued

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

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

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

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

US issues fresh Iran-related sanctions, continues 'maximum pressure' campaign

US issues fresh Iran-related sanctions, continues 'maximum pressure' campaign

- Treasury Department targets 2 individuals, 1 entity in continued pressure campaign

13.05.2025 General

China-Saudi energy alliance challenges global geopolitical balance

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 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

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