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Oil prices fall as easing US-Iran tensions prompt profit-taking

- Prices came under pressure as markets focused on renewed diplomatic activity between Washington and Tehran, easing fears of supply disruptions from the Middle East

09:57 Oil

Oil prices slip near 6% on reports of US-Iran talks, OPEC+ output policy

- Negotiations between Washington and Tehran ease risk premiums in crude markets, while OPEC+ decision to maintain supply discipline supports oil price fall

02.02.2026 Oil

Winter storm lifts oil prices as US supply tightens

- Gulf Coast outages and weaker dollar buoy crude

28.01.2026 Oil

Crude edges higher for week as geopolitics offset supply glut

- Market sentiment lifted by geopolitics despite inventory builds

23.01.2026 Oil

Oil prices slip on Arctic tensions, Fed concerns

- Easing trade tensions support oil prices, though lingering Arctic geopolitical risks limit gains

22.01.2026 Oil

Oil prices extend gains on trade tensions, geopolitical risks

- US tariff threats layer onto existing geopolitical risks and continue to influence price movements

21.01.2026 Oil

Oil slightly changed on China growth data as markets weigh Trump's tariff threats

- Prices weighing signs of resilient Chinese demand against rising geopolitical and trade-related risks

20.01.2026 Oil

Oil prices slip as Iran strike fears ease

- US president aborts planned military strikes against Iran due to combination of diplomatic progress, logistical hurdles, and significant pushback from key regional allies

19.01.2026 Oil

Oil prices set to post weekly increase on Fed uncertainty, geopolitical risks

- Brent crude edges higher this week on renewed uncertainty over US monetary policy and escalating geopolitical risks in Venezuela and Iran

16.01.2026 Oil

Oil prices rise on reduced risk of near-term Iran conflict

- Market sentiment improves after reports that Israel and several Arab partners urged Trump to delay any military action against Iran, warning against broader regional conflict

16.01.2026 Oil

home > related news

Oil prices fall as US inventory build offsets Iran supply fears

- Forecasts of demand below supply are keeping oversupply in place, capping prices

14.01.2026 Oil

Oil prices edge higher on Iran supply risks, Venezuela uncertainty, Fed concerns

- Crude finds support from renewed Iran-related supply risks and uncertainty over Venezuela, while economic concerns limit gains

13.01.2026 Oil

Oil prices rise on Fed policy expectations, Latin America supply concerns

- US actions involving Venezuela and Cuba lift oil prices by heightening perceptions of risk to global oil supply

12.01.2026 Oil

Oil prices ease as markets weigh Venezuela uncertainty, ample supply

- US president says Venezuela agreed to transfer 30 million to 50 million barrels of oil to the US, a move experts say adds to global oversupply concerns

07.01.2026 Oil

Oil prices ease on prospects of Venezuelan crude returning

- US engagement with oil firms fuels supply expectations, capping geopolitical risk premium

06.01.2026 Oil

Oil prices little changed as markets weigh US move in Venezuela

- Prices open lower in Asian trading and slipped again after a brief rebound, with gains capped by an abundance of supply, despite heightened geopolitical tensions

05.01.2026 Oil

Oil prices notch weekly gains on Russia-Ukraine, Middle East risks

- Russia-Ukraine peace talks, Middle East tensions and Fed easing hopes support prices despite oversupply concerns

02.01.2026 Oil

Oil prices steady on first trading day of 2026 amid OPEC+ policy expectations

- Markets focus on upcoming OPEC+ meeting, while geopolitical risks offer limited support

02.01.2026 Oil

Oil prices edge lower at end of 2025 on strong dollar and oversupply concerns

- Markets are focused on online OPEC+ meeting on Jan. 4, where producers are expected to assess market conditions and discuss production policy for 1st half of 2026

31.12.2025 Oil

Oil prices edge up amid doubts over Russia-Ukraine peace negotiations

- Rising uncertainty over negotiations have heightened supply concerns tied to Russia-Ukraine conflict, lending additional support to oil prices

30.12.2025 Oil

Rising demand and AI expansion strain global electricity systems

Türkiye's Akkuyu nuclear plant to integrate country into global nuclear industry

Akkuyu nuclear power plant moves toward first commissioning phase next year

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

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

Venezuela exports 1st LPG shipment as Chrysopigi Lady sets sail for global markets

Türkiye's LPG production down 18.3% in November 2025

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

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

Türkiye expects 1st offshore wind tenders by end of year

GWEC head sees Türkiye as future hub for global renewable supply chain

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

WindEurope appoints former Belgian Energy Minister Tinne Van der Straeten as CEO

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

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

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

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

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

Rising demand and AI expansion strain global electricity systems

Norway's sovereign fund boosts Türkiye investments over $1.7B

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

WindEurope appoints former Belgian Energy Minister Tinne Van der Straeten as CEO

Slovenia, Dominican Republic voice confidence in Türkiye's hosting of COP31

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

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

Slovenia, Dominican Republic voice confidence in Türkiye's hosting of COP31

Türkiye achieves strongest performance in wind energy in last 15 years

IRENA kicks off Pre-Assembly Day ahead of 16th Assembly

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