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Oil prices edge lower as tariff uncertainty, inflation concerns weigh on market

- Signs of weak demand in US, world's largest oil consumer, are deepening market pressure

12:17 Oil

Oil prices fall on OPEC+ output hike bets, US tariff concerns

- Market sentiment shifts as supply expectations rise and US trade tensions fuel demand concerns

01.07.2025 Oil

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

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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

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

Iran retaliation would be 'worst mistake' ever made, warns US secretary of state

- Marco Rubio says Tehran completely 'vulnerable' after US nuclear strikes

23.06.2025 Nuclear

Russia condemns 'unprovoked' Israeli, US bombing of Iranian nuclear sites

- 'Washington, yet again, demonstrated its complete contempt for the position of the international community,' Vassily Nebenzia tells UN Security Council

23.06.2025 General

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

Türkiye's Akkuyu nuclear plant attracts investor interest as energy production nears

Akkuyu Nuclear says commissioning underway for 1st reactor unit

International Atomic Energy Agency ready to 'accompany' African countries on nuclear journey

Experts, policymakers explore ways for Africa’s energy transition

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

Türkiye says power system strong amid European blackout

Global carbon emission storage facilities double in 5 years

Trump seeks to revive coal industry and reverse long-term decline with new orders

Highlights of Türkiye's energy market in 2024

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 Thursday, April 17

Türkiye's natural gas imports up 17.7% in October

Costs double as oil and gas discoveries decline in global markets

Global gas production to increase by around 32% by 2050

Türkiye's LPG production up 10.1% in April

European energy markets face volatility in 2H25 amid tight LNG supply

Global LNG exports rise 3.1% in 1st quarter on soaring EU demand

Cold winter drives gas price spikes, LNG inflows to Europe: Oxford

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

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

Oil rebounds over US plans to refill emergency stockpiles

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

Oil prices rise in week ending Aug.30 amid falling US inventories

Global offshore wind capacity hits 83 GW, powering 73 million homes

Türkiye's installed wind power capacity soars 177% in decade

Global wind power capacity sees record growth in 2024

Solar and wind permanently overtakes domestic coal in Türkiye's power generation

Candidate region selected for Türkiye's first YEKA floating solar power plant

Norwegian firm Scatec secures financial close for 1GW solar-battery project in Egypt

Chinese JTPV, Turkish Schmid Pekintas to build 5 GW solar cell factory in Türkiye

Chile launches largest solar plant with battery storage in Latin America

Türkiye leads Europe with highest rise in hydropower capacity

Hydropower's role expands amid soaring global electricity demand

China set to build world's largest dam in Tibet

TotalEnergies expands renewables portfolio with hydropower deals across Africa

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

Global wholesale gas prices average $4.88 per MMBtu in 2024

Türkiye's daily power consumption up 4% on June 24

Global renewable energy capacity surges 377% over past decade

Oil down with Fed inflation forecast, easing geopolitical tensions

Türkiye's daily power consumption up 2.3% on June 19

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

Global offshore wind capacity hits 83 GW, powering 73 million homes

Global energy transition requires $21.4T investment in power grids by 2050

Global renewable energy capacity surges 377% over past decade

Chinese JTPV, Turkish Schmid Pekintas to build 5 GW solar cell factory in Türkiye

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