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UAE exit raises concerns over OPEC's market influence and internal balance

- Decision ends 59-year membership, pointing to potential weakening of OPEC's influence in global oil markets

11:29 Oil

UAE to withdraw from OPEC, OPEC+

- Withdrawn decision in line with UAE's long-term strategic, economic vision and development of its energy sector

28.04.2026 Oil

Global oil supply posts "largest drop in history" in March: IEA

- Historic supply disruption hits global markets amid Middle East conflict

14.04.2026 Oil

OPEC crude production drops 7.9 million bpd in March amid Middle East disruptions

- Steepest production declines were recorded in Iraq, Saudi Arabia, UAE and Kuwait

13.04.2026 Oil

OPEC crude production up 164,000 barrels per day in February

- Organization maintains its global oil demand growth forecast for 2026, marking increase of 1.38 million bpd

11.03.2026 Oil

Aramco warns of ‘catastrophic’ consequences for oil market if Hormuz closure persists

-CEO Amin Nasser says prolonged disruption to vital shipping route could trigger severe global energy shortages

11.03.2026 General

OPEC+ eight members to raise output by 206,000 bpd in April

- Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria and Oman agree to resume oil production increases after first quarter pause

01.03.2026 Oil

OPEC crude oil production down 135,000 barrels per day in January

- Organization maintains its global oil demand growth forecast for 2026, marking increase of 1.38 million bpd

11.02.2026 Oil

Oversupply risks may drag Brent to $55 in early 2026, analyst says

- Analysts warn that growing supply and softer demand could extend Brent’s 2025 losses into early 2026

30.12.2025 Oil

OPEC crude oil production down 1,000 barrels per day in November

- Organization maintains its global oil demand growth forecast for both 2025 and 2026

11.12.2025 Oil

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IEA revises up global oil demand growth forecast

- Global oil demand is expected to rise by around 835,000 bpd in 2025 compared to last year, reaching 103.92 million bpd

11.12.2025 Oil

OPEC crude oil production up 33,000 barrels per day in October

- Organization maintains its global oil demand growth forecast for both 2025 and 2026

12.11.2025 Oil

Oil prices ease over possible supply surplus, weaker US manufacturing sector

- Investors interpret OPEC+'s move as a signal of potential supply surplus next year, putting downward pressure on prices

04.11.2025 Oil

OPEC+ eight members to raise output by 137,000 bpd in December

- Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman agree to pause production increases during first quarter of next year due to seasonality

03.11.2025 Oil

IEA revises global oil demand growth forecast downward

- IEA cut its 2025 oil demand growth forecast to 710,000 bpd from 740,000 bpd

14.10.2025 Oil

OPEC crude oil production up by 524,000 barrels per day in September

- Organization maintains its global oil demand growth forecast for both 2025 and 2026 unchanged

13.10.2025 Oil

OPEC+ eight members to raise output by 137,000 bpd in November

- Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman to slightly increase supply as part of phased return of earlier voluntary cuts, OPEC statement says

05.10.2025 Oil

Oil edges up as US demand supports prices, OPEC+ allays supply fears

- US crude stocks fall 3.67 million barrels, signaling firm demand in world’s largest consumer

01.10.2025 Oil

OPEC crude oil production up by 478,000 barrels per day in August

- Organization maintains its global oil demand growth forecast for both 2025 and 2026 unchanged

11.09.2025 Oil

Global oil demand set to rise in 2025, IEA says

- World oil output to rise 2.7 million bpd in 2025, 2.1 million in 2026, IEA sees

11.09.2025 Oil

Rosatom chief says 128 Russian personnel remain at Iran’s Bushehr Nuclear Power Plant

Bushehr nuclear plant in Iran hit in 3rd attack, no damage reported

EU proposes new strategy for small modular reactors, $232M guarantee to spur investment

IAEA confirms damage to buildings at Iran’s Natanz enrichment site

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

Coal prices surge as Middle East tensions disrupt energy markets

Trump directs Pentagon to purchase coal-fired electricity as he seeks boon for fading industry

Climate change protestors block world’s largest coal export port in Australia

US to invest $625M to expand coal industry

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, Apr. 9

Spot market natural gas prices for Thursday, Feb. 12

Spot market natural gas prices for Saturday, Nov. 29

Spot market natural gas prices for Thursday, April 17

QatarEnergy ships first LNG cargo from Golden Pass Project in Texas

Chevron Australia resumes full LNG production at Wheatstone gas facility

Türkiye's BOTAS launches tender for two LNG carriers

Algerian LNG vessel to arrive in Türkiye on April 5

US oil rig count up for week ending Dec. 26

Türkiye to deploy AI in oil and gas exploration

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 oil rig count falls for week ending April 17

Türkiye, Iraq begin talks on new oil transport deal

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 prices seek balance amid supply risks, diplomacy outlook

Strait of Hormuz instability threatens critical raw materials supply

Iranian crude reaches India under sanctions waiver since March 20: TankerTrackers data

Brent down to $107.68 after volatile week driven by Middle East tensions

Global wind energy installed capacity grows 165GW in 2025

Türkiye's 120 GW solar and wind target aligns with security-driven energy innovation

Türkiye becomes second-largest market in wind energy installations in Europe in 2025

WindEurope CEO hails Türkiye's record growth in wind power installations

Türkiye's installed solar power capacity surpasses 25,000 megawatts

Türkiye's 120 GW solar and wind target aligns with security-driven energy innovation

Türkiye, ACWA to sign power purchase and solar investment deals on Friday

Energy transition technologies offer new opportunities for global energy systems, IRENA says

Spot market electricity prices for Saturday, Apr. 25

Syrian army moves towards Tishrin Dam southeast of Manbij

Hydropower gains new momentum as pumped storage accelerates globally

India launches $77 billion hydropower plan in Brahmaputra river

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

Shell to buy Canada’s ARC Resources in $16.4B deal to boost oil, gas output

Spot market natural gas prices for Thursday, Apr. 23

Türkiye advances smart grid, storage as regulator stresses market stability

Türkiye's daily power consumption up 2.4% on April 22

Oil rises above $102 on Strait of Hormuz tensions despite ceasefire extension

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

Türkiye becomes second-largest market in wind energy installations in Europe in 2025

Trump administration to revoke landmark Obama-era climate regulations

Trump administration plans repeal of key climate finding underpinning US emissions rules

Energy transition technologies offer new opportunities for global energy systems, IRENA says

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

Strait of Hormuz blockade brings energy crisis to Europe

USS Nimitz service extended amid Strait of Hormuz tensions: Report

Energy infrastructure in Ukraine hit by 1,225 attacks in 2025 as damage surpasses $20B