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US crude oil inventories down 1.8% in week ending May 29

- Daily crude oil production falls to around 13.7 million barrels per day

08:58 Oil

Oil prices rise on uncertainty over US-Iran peace talks, renewed Gulf tensions

- US President says negotiations with Iran are continuing without interruption and called on Tehran to "reach an agreement one way or another"

03.06.2026 Oil

Oil prices gain as US, Iran exchange attacks

- Latest escalation adds to concerns that regional instability could threaten oil supplies

01.06.2026 Oil

Iran warns military vessels interfering in Hormuz Strait will be targeted

- Military says commercial vessels and oil tankers must obtain authorization from IRGC Navy before transiting strategic waterway

31.05.2026 Energy Diplomacy

US oil rig count up for week ending May 29

- Number of US oil rigs fall by 22 compared to one year ago

30.05.2026 Oil

Oil prices extend weekly losses on US-Iran ceasefire hopes

- Brent crude plunges nearly 10% this week as reports of drafted 60-day extension of US-Iran ceasefire ease fears over supply disruptions through Strait of Hormuz

29.05.2026 Oil

Geopolitical thaw drags oil prices down despite massive draw in US inventories

- While ceasefire talks between the US and Iran ease supply concerns and check upward pressure on crude, surging domestic demand ahead of the summer driving season provides a floor for falling prices

29.05.2026 Oil

US crude oil inventories down 0.7% in week ending May 22

- Daily crude oil production falls to around 13.7 million barrels per day

29.05.2026 Oil

Brent crude trades under $100 per barrel amid mixed market signals

- Oil prices remained mixed as growing hopes for a ceasefire between the US and Iran were countered by renewed concerns after US strikes on Iran resumed

27.05.2026 Oil

Brent oil rises as Middle East tensions escalate

- Brent oil climbs after US strikes targeting Iran renew regional security concerns and overshadow optimism surrounding a possible peace agreement

26.05.2026 Oil

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Oil prices slide over 5% as US-Iran talks show progress

- Progress in US-Iran talks boosts expectations for uninterrupted oil flows via Strait of Hormuz

25.05.2026 Oil

US won’t let Iran hold energy market hostage, Rubio tells India's Modi

- During meeting with Indian prime minister in New Delhi, secretary of state says US energy products can diversify India’s needs

24.05.2026 General

US, Iran near 60-day ceasefire deal to reopen Strait of Hormuz

- Iran would clear mines from waterway, Washington would lift port blockade, allow Tehran to sell oil during 60-day period

24.05.2026 General

Oil prices rise as markets weigh risks in US-Iran tensions

- Positive signals from Washington-Tehran talks raise hopes for reduced risks to regional energy routes and global supply chains

22.05.2026 Oil

Saudi oil export revenues hit 3-year high in March amid Middle East war

- Oil exports account for 80.3% of total merchandise exports, putting revenue at around $24.7B, as prices surged

21.05.2026 General

US crude oil inventories down 1.7% in week ending May 15

- Daily crude oil production falls to around 13.7 million barrels per day

21.05.2026 Oil

Oil prices fall on easing Iran supply concerns

- Oil prices decline after US officials signaled optimism over ongoing negotiations with Iran

20.05.2026 Oil

US Treasury issues temporary 30-day general license to provide access to Russian oil

- 'This extension will provide additional flexibility, and we will work with these nations to provide specific licenses as needed,' says Secretary Bessent

19.05.2026 Oil

Oil prices rise as Middle East tensions keep supply concerns in focus

- Markets monitor risks around Strait of Hormuz after UAE drone incident

18.05.2026 Oil

US energy chief says Hormuz could reopen by end of summer

- Agreement with Iran could emerge ‘in next few days,’ Chris Wright says, but warns US military could reopen Strait of Hormuz by force if Tehran continues blocking traffic

16.05.2026 Energy Diplomacy

Iran’s Bushehr nuclear plant reaches 80B kilowatt-hours of electricity generation

Japan begins removing nuclear fuel from Fukushima reactor

IAEA says next generation reactors shaped by 70 years of experience

Belgium moves to take over French company Engie's 7 nuclear reactors amid energy concerns

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

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Global natural gas investments to reach almost $9 trillion by 2050

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Turkish president announces more gas reserves found in Black Sea

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Türkiye's LPG production up 28% in March

Türkiye, Algeria consider increasing LNG supply volume under new deal

QatarEnergy ships first LNG cargo from Golden Pass Project in Texas

Chevron Australia resumes full LNG production at Wheatstone gas facility

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

WindEurope urges focus on renewables, electrification under Türkiye's COP31 presidency

Türkiye to allocate 1,500 MW of wind capacity through YEKA tenders in 2026

Solar, wind and storage now deliver cheaper electricity than fossil fuels, says IRENA

Global wind energy installed capacity grows 165GW in 2025

Solar power plant in Spain offers safe haven for bees

Türkiye's daily solar power generation hits highest level of year

Solar, wind and storage now deliver cheaper electricity than fossil fuels, says IRENA

Solar meets 75% of global power demand growth in 2025

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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

South Korea's i-SMRDA, Türkiye's Nuclean sign strategic cooperation agreement on SMRs

Hormuz disruptions could raise vulnerable economies' oil import costs by $20B per year: UN trade agency

War-hit energy prices continue to push up eurozone inflation

Oil prices continue to increase amid US-Iran deal uncertainty

Türkiye's energy import bill up 28.4% in April

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

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ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

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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

Experts say waste, water crises require concrete action at COP31 in Türkiye

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Trump administration to revoke landmark Obama-era climate regulations

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