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Oil prices edge higher as weak dollar boosts demand

- Prices inch up from last week's steep decline with weak US dollar, expected to raise demand by making oil cheaper for those who use foreign currencies

30.06.2025 Oil

Tel Aviv-Tehran reconciliation set to drive oil prices toward $60 range: Experts

- Oil prices drop more than 12% following three-week rally, with experts projecting prices to stabilize around $60 range going forward

30.06.2025 Oil

Türkiye's oil imports up 2.2% in April

- Crude oil imports rise by 5% to 2.88 million tons in April, latest data shows

28.06.2025 Oil

US oil rig count down by 6 for week ending June 27

- Number of US oil rigs fall by 47 compared to one year ago

28.06.2025 Oil

Oil prices set for weekly drop as Israel-Iran supply fears ease

- Oil posts sharp drop as initial war-driven supply fears faded following a cease-fire between Israel and Iran, despite lingering regional tensions and strong US demand signals

27.06.2025 Oil

Türkiye seeks closer energy ties with Libya and Armenia

- Türkiye and Libya are in talks to explore joint opportunities in hydrocarbon development, particularly in upstream oil and gas projects

27.06.2025 Energy Diplomacy

Oil up on Trump's China trade deal announcement, renewed Fed pressure

- Prices gain after US signs trade deal with China and hints at possible agreement with India

27.06.2025 Oil

Oil up on US inventory drop, market cautious amid Iran-Israel truce uncertainty

- Sharper than expected drop in US crude inventories points to strong demand, while geopolitical risks keep traders on edge

26.06.2025 Oil

US crude oil inventories down by 1.4% for week ending June 20

- Daily crude oil production increased to around 13.44 million barrels per day

26.06.2025 Oil

Turkish, Libyan national oil companies to begin exploration at 4 sites in Libya

- TPAO to conduct seismic survey in Libya

25.06.2025 Oil

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Israel-Iran ceasefire, falling oil prices seen boosting Turkish economy

- Experts say oil price drop to help Türkiye curb inflation, ease current account deficit

25.06.2025 Oil

Oil, gas prices retreat to below pre-conflict levels after Israel-Iran ceasefire

- Brent crude and European gas prices surged since Israel's June 13 attack on Iran, but fell Tuesday after ceasefire announcement

25.06.2025 Natural Gas Oil

Oil prices fall as Israel-Iran ceasefire reports eases supply concerns

- US President Donald Trump announces that a ceasefire between Iran and Israel is now in effect, urging both parties to go along with it

24.06.2025 Oil

Trump calls for keeping oil prices down amid surge following US strikes on Iran

- US president warns against playing into 'enemy's hands' as prices surge following attacks Trump ordered on Iranian nuclear facilities

23.06.2025 Oil

US oil rig count down by 1 for week ending June 20

- Number of US oil rigs fall by 46 compared to one year ago

21.06.2025 Oil

Oil prices eye 3rd straight weekly gain amid escalating Israel-Iran conflict

- Brent crude trims recent gains, but remains on track for a 2.6% weekly increase due to escalating geopolitical tensions and supply-side concerns

20.06.2025 Oil

Oil prices surge 11% amid week-long Israel-Iran conflict

- If current geopolitical crisis persists or worsens, market will have to recalibrate to new normal around $80, says an independent oil market analyst

20.06.2025 Oil