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Oil gains amid Ukraine attacks, US-China trade hopes, and Fed uncertainty

- Russia's Kirishi refinery in Leningrad region shut major processing unit after Ukrainian drone strike over weekend

11:16 Oil

Ukrainian drone strike sparks fire at oil refinery in Russia’s Leningrad region

- Governor claims 3 Ukrainian drones shot down overnight, debris caused blaze which was later extinguished

15.09.2025 General

US oil rig count up by 2 for week ending Sept. 12

- Number of US oil rigs fall by 72 compared to one year ago

13.09.2025 Oil

Oil heading for weekly gain amid geopolitical tensions and cautious market sentiment

- Market participants remain cautious, balancing supply risks against concerns over demand and overall market oversupply

13.09.2025 Oil

Türkiye expects 2.4% drop in energy import bill in 2025

- Türkiye's growing energy independence, driven by renewables, increased oil and gas output, and softer global prices, is expected to ease its import burden

12.09.2025 Electricity Natural Gas Oil Renewable Finance

Oil prices fall as US inflation fears and tariff tensions weigh on demand

- Investors grew cautious as tariff-driven inflation risks clouded expectations that US Federal Reserve still has room to cut interest rates

12.09.2025 Oil

Ukraine's EU membership could drag bloc into war against Russia, warns Hungary

- 'We are open to good relations with Ukraine, but we will never give up our national interest,' says Foreign Minister Peter Szijjarto

12.09.2025 Energy Diplomacy

OPEC crude oil production up by 478,000 barrels per day in August

- Organization maintains its global oil demand growth forecast for both 2025 and 2026 unchanged

11.09.2025 Oil

Global oil demand set to rise in 2025, IEA says

- World oil output to rise 2.7 million bpd in 2025, 2.1 million in 2026, IEA sees

11.09.2025 Oil

US crude oil inventories up by 0.9% for week ending Sept. 5

- Daily crude oil production increased to around 13.49 million barrels per day

11.09.2025 Oil

home > related news

Oil prices rise on supply risks, Russia sanctions threat

- Geopolitical tensions in Middle East, Ukraine heighten market jitters

10.09.2025 Oil

EIA slightly lifts Brent price forecast for 2025

- US agency sees average at $67.80 per barrel before sharp declines into 2026

10.09.2025 Oil

Oil rises on OPEC+ output hike, Russia sanctions risks

- Smaller production increase calms glut fears as Western allies weigh tougher measures on Moscow

09.09.2025 Oil

China's crude oil imports rise 4.8% in August

- January-August imports hit around 376 million tons, up 2.5% year-on-year

08.09.2025 Oil

Oil prices rise amid escalating Russia-Ukraine conflict, OPEC+ output hike

- OPEC and its allies agreed to boost oil output by 137,000 barrels per day (bpd) in October

08.09.2025 Oil

US oil rig count up by 2 for week ending Sept. 5

- Number of US oil rigs fall by 69 compared to one year ago

06.09.2025 Oil Refining/Petro Chemistry

Oil prices post weekly loss amid supply concerns, US inventory build

- Markets focus on OPEC+ meeting, where members are widely expected to discuss increasing production in October

05.09.2025 Oil

Oil prices ease on surprise US stock build, OPEC+ supply risks

- US crude stocks rise 2.4M barrels, markets eye output decision this weekend

05.09.2025 Oil

US crude oil inventories rise 2.4M barrels, defying forecasts

- Daily crude oil production rises to around 13.42 million barrels per day

05.09.2025 Oil

Türkiye, Azerbaijan expand energy cooperation into electricity

- 'We have very ambitious goals for converting Azerbaijan's renewable energy potential into production,' says Turkish energy minister

04.09.2025 Energy Diplomacy

Rosatom chief vows support for China’s nuclear expansion

UN nuclear watchdog confirms normal radiation levels near Kursk power plant

South Korea, US to discuss revising nuclear energy pact: Report

Iran to begin new round of talks with UN nuclear watchdog in upcoming days

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

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

Türkiye says power system strong amid European blackout

Global carbon emission storage facilities double in 5 years

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

POSCO becomes 1st South Korean firm to join Trump’s Alaska LNG project

Türkiye secures 8.7 bcm of gas in new LNG deals with bp, Eni and Shell

Türkiye's LPG production up 16.8% in June

Algerian LNG vessel to arrive in Türkiye on September 1

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

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

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

Europe to reach 441 GW of wind power by 2030

Europe's wind power capacity rises by 6.8 GW in 1H25

Construction begins on UK's fourth largest wind farm in Scotland

Türkiye's renewable energy peaks in June

Global solar set for record year after 64% growth in first half of 2025

Citicore secures $77M loan for 125-MWp solar project in Philippines

Türkiye's renewable energy peaks in June

Turkish firm to invest $520 million in high-efficiency solar equipment production

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

Türkiye's Yusufeli Dam supplies power to 2.5 million people annually

Global renewables capacity more than doubles in a decade as hydropower remains top source

Google and Brookfield sign $3B US hydropower deal to support clean energy goals

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

Europe to reach 441 GW of wind power by 2030

Türkiye to boost peaceful nuclear use, expand research and capacity

Southeast Asia eyes $208B nuclear push with small reactors by 2050

Türkiye expects 2.4% drop in energy import bill in 2025

China's steel demand to shrink as India, Southeast Asia drive future growth

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

Türkiye’s YEKA tenders set to draw $3.3B in renewables investment

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

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