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Oil prices up over strong US demand data, supply concerns

- Longstanding Israeli-Palestinian conflict shows no signs of abating, and is keeping markets exposed to risks in Middle Eastern geopolitics

24.04.2024 Oil

Oil prices up over investor profit-taking, tighter supply prospects

- Global economic concerns, large build in US' crude oil stocks, and Fed's hawkish stance that has led to strong dollar continue to put downward pressure on prices

23.04.2024 Oil

Oil prices down as market refocus on fundamentals

Concerns ease of wider conflict in Middle East despite unprecedented direct strikes by Iran and Israel

22.04.2024 Oil

Growing hostilities in Middle East could cause significant volatility in oil market

-Prices likely to remain elevated over short term until winding down of tensions, according to experts

20.04.2024 Oil

Oil prices down over 4% in week ending April 19

- Oil down with reports of US Federal Reserve's stance on refraining from raising interest rates, with comments that it wants to see more "confidence" that inflation is moving lower to its 2% target before beginning to cut interest rates

19.04.2024 Oil

Oil prices up following Israeli attack on Iran

- Iran's official state TV confirms "massive explosions" in central Isfahan province

19.04.2024 Oil

Oil prices down on Thursday amid weak demand, rising hopes of end to Middle East conflict

- Stance taken by many countries against Israel-Palestine war raises hopes of end to conflict and reduces oil supply risks in region

18.04.2024 Oil

Oil down with US stockpile build signaling low demand

- American Petroleum Institute data late Tuesday showing build of 4 million barrels in US crude oil inventories drives prices down

17.04.2024 Oil

Oil prices up over escalating Middle East tensions, strong demand indicators in China

- However, uncertainty over timing of US Federal Reserve's (Fed) interest rate cuts limited upward pressure

16.04.2024 Oil

Oil prices down with uncertainty over US Fed rate cut

- Bank wants to see more "confidence" that inflation is moving lower to its 2% target before beginning to cut interest rates

15.04.2024 Oil

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Oil prices set for weekly loss amid supply and demand uncertainties

- Expectations of fewer US interest rate cuts this year and strong dollar limited upward price movements

12.04.2024 Oil

Oil prices up over rising supply concerns

- Strong US dollar and falling hopes over US Fed's interest rate cuts, limiting upward oil price movements

12.04.2024 Oil

Oil prices spike to highest level since October 2023

- Conflict between Israel and Palestine, and Russia-Ukraine war continues to put global energy supply routes at risk

05.04.2024 Oil

Oil prices hit 5-month highs with supply concerns amid geopolitical tension

- Attacks in Red Sea, one of world's most frequently used sea routes for oil and fuel shipments, continue to influence oil prices

05.04.2024 Oil

Oil prices down with weak demand in US

- Uncertainty over timing of interest rate cuts by US Federal Reserve (Fed) and Fed Chairman Jerome Powell's "wait-and-see" comments continue to influence prices

04.04.2024 Oil

Oil prices up ahead of OPEC+ meeting due to supply concerns

- American Petroleum Institute (API) data late Tuesday showing decrease of 2.3 million barrels in US crude oil inventories assists higher prices

03.04.2024 Oil

Oil prices increase by 12.9% in Q1 2024

- Prices test at $87.10 per barrel in March, highest level since November 2023, and rise 6.16% to average $86.79 per barrel for entire month

03.04.2024 Oil

Oil up with data signaling strong economic growth in US, heightening geopolitical tensions

-Major central banks, in preparation for interest rate cuts, have positive impact on oil prices

02.04.2024 Oil

Worries over tighter oil supply drive price rises

- Iran-backed Houthis in Yemen continue to target pro-Israeli ships passing through Red Sea while US and UK retaliate by attacking Houthi assets

01.04.2024 Oil

Oil up due to escalating geopolitical tensions

- However, strengthening US dollar against other currencies limits further price rises with demand curb expectations

28.03.2024 Oil

IEA chief predicts nuclear electricity generation will reach highest level in 2025-2026

No damage to Iranian nuclear sites after Israeli airstrikes, says UN nuclear watchdog

Türkiye keen to extend cooperation with Russian nuclear power company Rosatom

ATOMEXPO-2024 International Forum to start on Monday

Türkiye's daily power consumption up 16.7% on May 22

Türkiye's daily power consumption increases 1.2% on May 10

Spot market electricity prices for Saturday, April 15

Türkiye's daily power consumption down 1.13% on April 13

'Glaring chasm' between Europe's climate pledges and gas industry's growth plans

Spot market electricity prices for Monday, Mar. 11

'Rotten apples' in Türkiye's mining sector must be weeded out

Türkiye's daily power consumption down 0.05% on Feb. 16

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 Friday, Nov. 18

Spot market natural gas prices for Thursday, July 1

Spot market natural gas prices for Monday, March 8

Spot market natural gas prices for Sunday Aug. 23

Spot market natural gas prices for Monday, March 2

Global gas production to increase by around 32% by 2050

Spot market natural gas prices for Friday, Dec. 29

Türkiye to increase capacity of gas storage facility in Istanbul to 5.6 bcm, says energy minister

Spot market natural gas prices for Sunday, Sept. 17

Algerian LNG vessel to arrive in Türkiye on April 28

US natural gas trade to grow with startup of new LNG export projects

Algerian LNG vessel arrives in Türkiye on April 16

Algerian LNG vessel to arrive in Türkiye on April 7

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 crude oil inventories down 1% for week ending Dec. 8

US oil rig count up for week ending Dec. 8

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

Oil rebounds over US plans to refill emergency stockpiles

US crude oil inventories down 1% for week ending Dec. 1

US oil rig count unchanged for week ending Nov. 24

Libya's oil guards reopen country's oilfields after dispute over pay

India's Nayara Energy announces plans to double Gujarat refinery's capacity

SABIC announces final investment decision on major petrochemical complex in China

Oil up over 1% during week ending Jan. 12 with heightened tension in Red Sea

Türkiye records 2023's highest increase in export of petroleum products in December

Russia bans gasoline export for 6 months starting Friday

Russia's oil exports records massive decline in 2023: Deputy premier

Israel-linked hackers target Iranian fuel stations in cyberattack

Denmark announces biggest offshore wind tender in its history

Record growth in renewables in 2023, but progress needs to be equitable: IRENA

Spanish-German multinational Nordex Group to invest €1 bln in Türkiye's wind energy sector

Europe sees 6% annual shortfall in wind capacity additions in 2023

Major global utilities agree to more than double clean energy capacity by 2030

Record growth in renewables in 2023, but progress needs to be equitable: IRENA

EU electricity from renewable sources surges to 41% in 2022: Eurostat

Türkiye’s solar power integrated with hybrid plants outperforms wind in 2023

Hydro provides majority of Norway's power in January

$41bn to be invested in green hydrogen and renewable energy in Egypt over 10 years

EU electricity from renewable sources surges to 41% in 2022: Eurostat

Türkiye’s solar power integrated with hybrid plants outperforms wind in 2023

Türkiye requires new investments for development of geothermal sector

US announces $74M funding to advance geothermal systems

UN Secretary General calls for 'Climate Solidarity Pact' between developed and emerging economies

Shipping giant MSC supports clean energy to tackle climate change

Woodside, KOGAS sign long-term LNG agreement

Global markets to spend $1 trillion on LNG projects in next decade

COP28: EU, IMF, Zambia call for more ambitious, widespread carbon pricing

EXCLUSIVE -Türkiye has 276 million cubic meters of LNG, FSRU and storage capacity

US natural gas trade to grow with startup of new LNG export projects

Vestel unveils Vestel Mobilite extending investments into electric vehicles, energy storage

Türkiye to ramp up gas production 8-fold by 2050

Türkiye's Enerjisa Enerji triples its investments in 2023

Oil steady in week ending Feb. 16 over clashing economic issues, geopolitical tensions

Oil mixed as US axes output forecast amid easing geopolitical risks in Middle East

Oil down around 5% over clashing demand, supply woes in week ending Feb. 2

Spot market electricity prices for Friday, Feb. 2

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

US oil rig count down for week ending July 21

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