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Spot market electricity prices for Thursday, Dec. 9
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 565.25 million Turkish liras
Oil down as uncertainties over new variant trigger investor caution
-More-than-expected fall in US crude stocks limits further decreases
Russian LNG vessel arrives in Turkey on December 7
- Pskov vessel reaches destination in Turkey on Tuesday
Oil rises as investors see low risk of new COVID-19 variant
- Upward price boosters include Saudi Arabia's decision to raise crude prices to Asian and US customers, and impasse in US-Iran talks
Spot market natural gas prices for Sunday, Dec. 5
- 1,000 cubic meters of natural gas on spot market costs 6,777 Turkish liras
Spot market electricity prices for Tuesday, Dec. 7
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 528.78 million Turkish liras
Turkish renewables sector attracts $2.5B in financing this year led by solar
- Clean financing in 2021 is expected to be around 20% higher than annual average between 2002 and 2020
Oil up after S. Arabia imposes oil price hike for Asian, US buyers
- Decision comes after Saudi Arabia and Russia led group of major oil producers on agreement to keep January output unchanged
Spot market natural gas prices for Friday, Dec. 3
- 1,000 cubic meters of natural gas on spot market costs 6,921 Turkish liras
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Spot market electricity prices for Sunday, Dec. 5
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 507.67 million Turkish liras
Oil rig count in US remains unchanged this week
- Number of oil rigs stays at 467
Oil declines more than 4% in week ending Dec. 3
- Investors eye whether OPEC+ will intervene on lower demand and potential price fluctuations arising from new COVID-19 variant
Spot market electricity prices for Saturday, Dec. 4
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 536.03 million Turkish liras
Spot market natural gas prices for Thursday, Dec. 2
- 1,000 cubic meters of natural gas on spot market costs 6,920 Turkish liras
Oil up as OPEC+ production decision boosts market confidence
- Prices start upward trend following meeting on Thursday of 23-member OPEC+ group
Turkey's electricity consumption up 5.55% in November
- Electricity exports for November to neighboring countries show decrease of 5% compared to November last year
Turkey's daily power consumption up 0.41% on Dec. 2
- Electricity exports amount to 8,936 megawatt-hours and imports total 11,478 megawatt-hours
Oil up as major oil producers set to decide supply policy at OPEC+ meeting
- Decision will be taken amid new COVID-19 variant that is raising concerns over economic recovery and global fuel demand
US crude oil inventories down 0.2% for week ending Nov. 26
- Commercial crude oil stocks decrease by 900,000 barrels, against market expectation of 1.7 million-barrel fall
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IEA expects all-time record in renewable installations globally in 2021
- Renewable electricity growth accelerates faster than ever but further deployment is needed across all key sectors, report says
Oil up over 2% ahead of OPEC+ meeting on Thursday
- Meeting will see if major petroleum producers will take action to balance oil market amid new COVID-19 variant concerns
Spot market natural gas prices for Monday, Nov. 29
- 1,000 cubic meters of natural gas on spot market costs 4,649 Turkish liras
Spot market electricity prices for Wednesday, Dec. 1
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 451.44 million Turkish liras
Oil down on demand pressure from new COVID-19 variant
- Investors are awaiting decision from major oil-producing countries on production volume for January
Gazprom reports record profit in 3Q21
- Net income of the company increased by 70% in the third quarter
Algerian LNG vessel arrives in Turkey on November 29
- Berge Arzew vessel reaches destination in Turkey on Monday
Turkey's oil imports down 11.4% in September 2021
- Total domestic oil product sales increase by 1.2% to 2.85 million tonnes in September this year
Turkey's energy import bill up 159.3% in October 2021
- Country's crude oil imports show 1.76% up compared to October 2020