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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

Saudi tanker carrying 650,000 barrels of crude oil arrives at Syria’s Baniyas port

- Shipment is 1st of its kind, provided as support to Syrian government

18.11.2025 General

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

Saudi Arabia ramps up AI ambitions with Humain at the helm

- Riyadh unveils major investments, partnerships and new AI systems as it aims to become world’s No. 3 AI power

03.11.2025 General

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

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

home > related news

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

OPEC crude oil production up by 263,000 barrels per day in July 2025

- OPEC maintains its global oil demand growth forecast for 2025 unchanged

12.08.2025 Oil

OPEC+'s 8 members to increase output by 547,000 bpd in September

- Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman to raise production as part of gradual rollback of earlier voluntary cuts, OPEC statement says

03.08.2025 Oil

Syria, Saudi Arabia sign energy cooperation agreement

- Damascus, Riyadh agree to boost collaboration across electricity, oil, gas, renewables, and technology

28.07.2025 General

OPEC crude oil production up by 220,000 barrels per day in June 2025

- OPEC maintains its global oil demand growth forecast for 2025 unchanged

15.07.2025 Oil

Oil to remain dominant in global energy mix by 2050: OPEC

- Global primary energy demand projected to rise 23% by 2050, reaching 378 million barrels of oil equivalent per day

10.07.2025 Oil

US energy agency revises up Brent price forecast for 2025

- International benchmark Brent crude estimated to average $68.89 per barrel

09.07.2025 Oil

Oil prices fall amid US tariff moves, OPEC+ output decision

- Eight key members of OPEC+ announced joint decision to boost production

08.07.2025 Oil

OPEC+'s 8 members to increase output by 548,000 bpd in August

- Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman to raise production as part of gradual rollback of earlier voluntary cuts, OPEC statement says

05.07.2025 Oil

Saudi Arabia, Indonesia sign deals worth around $27B

- Agreements span clean energy, petrochemical industries and aviation fuel services

03.07.2025 General

Akkuyu nuclear power plant moves toward first commissioning phase next year

US consul general says energy is key to $100B US-Türkiye trade goal

South Africa moves to revive nuclear power projects, ramp up research

UK's first small modular nuclear reactors to be built in Wales, prime minister confirms

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

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

US to invest $625M to expand coal industry

Global consortium launches study on carbon capture hubs to support Asia's decarbonization

Global coal demand to remain on a plateau in 2025 and 2026: IEA

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 Saturday, Nov. 29

Spot market natural gas prices for Thursday, April 17

Türkiye's natural gas imports up 17.7% in October

Costs double as oil and gas discoveries decline in global markets

Türkiye's LPG production up 2.89% in October

Sri Lanka in talks with Moscow to build LNG terminal, modernize refinery to use Russian oil

LNG supply surplus in 2026 to pressure global gas prices, experts say

Türkiye's LPG production up 27.2% in September

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

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 dives as weak US inflation data dashes hopes for interest rate cuts

US oil rig count up by 2 for week ending Sept. 5

US oil rig count down by 9 for week ending April 11

Oil giants' profits slide 15.1% to $182.1 billion in January-September

Oil prices up on expectations of supply delay from OPEC+, recession fears in US

Goldwind names Alper Kalayci, localization, supply chain manager in Türkiye

Nordex Group to install 90 MW wind power capacity in Türkiye

China's Dongfang plans $250M wind turbine plant in Türkiye

Europe to reach 441 GW of wind power by 2030

Türkiye, UAE advance $1B deal for Nigde solar power plant

QatarEnergy, Samsung C&T ink deal to build Dukhan solar power plant

Global solar set for record year after 64% growth in first half of 2025

Citicore secures $77M loan for 125-MWp solar project in Philippines

Hydropower gains new momentum as pumped storage accelerates globally

India launches $77 billion hydropower plan in Brahmaputra river

Türkiye's Orta Asya Investment Holding's hydropower project in Kyrgyzstan to support regional energy transformation

Türkiye's Yusufeli Dam supplies power to 2.5 million people annually

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

Türkiye's mining exports poised to exceed $10 billion in 2026

Türkiye's energy import bill down 3.4% in October

Türkiye and World Bank agree on $6B energy financing package

Türkiye, Canada's AtkinsRealis launch technical studies on future nuclear projects

ADNOC signs 15-year LNG supply deal with Shell for Ruwais project

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

Uzbekistan sees energy partnership with Türkiye gaining pace through PPP projects and regional green initiatives

Karpowership draws rising interest as it powers eight African nations

World Bank to continue financing new energy projects in Türkiye

Türkiye’s YEKA tenders set to draw $3.3B in renewables investment

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

EU gas imports to fall 25% by 2030 as bloc exceeds demand reduction targets

Former Lithuanian FM warns Russia's shadow fleet threatens EU security

Turkmen natural gas set to reach Türkiye on March 1