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Oil prices rise on optimism over US trade deals ahead of Aug. 1

- Signs of easing trade tensions between US and key partners lift demand expectations

12:01 Oil

Oil prices up amid hopes for new trade deals, stronger US demand

- Prices were supported by reports that Washington and Brussels were nearing a trade agreement that would impose reciprocal 15% tariffs on select goods, mirroring recent US-Japan deal

24.07.2025 Oil

Oil falls as tariff countdown, geopolitical risks rattle markets

- Analysts warn that Trump administration may adopt even more aggressive trade measures, heightening market risk perceptions

22.07.2025 Oil

Oil edges lower amid EU sanctions, looming US tariffs

- Brent trades around $68 as markets eye Russian oil curbs and await Trump's Aug. 1 tariff deadline

21.07.2025 Oil

Oil prices seek stability around key $70 level

- Rising OPEC+ output eases supply concerns as US tariff threats weigh on demand, push Brent below $70

20.07.2025 Oil

Oil heading for slight weekly loss amid market uncertainties

- Despite late-week rebound driven by supply worries, uncertainty surrounding global demand keeps prices under pressure

18.07.2025 Oil

Oil up amid Iraqi oilfield attacks, EU ban on Russian pipeline imports

- Market fears grow over supply disruptions following new EU sanctions and attacks in Iraq

18.07.2025 Oil

Oil prices decline as Fed rate uncertainty, rising supply weigh on market

- Uptick in US inflation dims hopes for September Fed rate cut, strengthening dollar and pressuring oil demand

16.07.2025 Oil

Oil prices edge up amid geopolitical tensions and supply uncertainty

- Oil prices rise slightly as geopolitical tensions, mixed supply signals, and expectations of looser US monetary policy influence market sentiment

14.07.2025 Oil

Oil prices rise on supply concerns after Trump's Russia remarks

- Investors remain cautious amid uncertainty over tariff policy

11.07.2025 Electricity

home > related news

Oil prices edge lower on surprise US stock build

- Growing fears over new US tariffs on key trade partners heighten demand worries, dragging oil prices lower

09.07.2025 Oil

Oil slumps as OPEC+ surprises with bigger August hike, tariff uncertainties continue

- Alliance raises August output by 548,000 barrels per day, significantly above monthly hikes of 411,000 barrels approved for May through July, and April's 138,000-barrel rise

07.07.2025 Oil

Oil heading for weekly gain as markets weigh demand hopes and supply risks

- With OPEC+ supply decision due this weekend and US tariff deadline looming next week, market participants remain cautious

04.07.2025 Oil

Oil prices dip on Iran-US diplomacy hopes, OPEC+ supply outlook

- Potential for renewed diplomacy between Tehran and Washington has eased fears of conflict in the Middle East and helped reduce oil supply concerns, contributing to decline in prices

04.07.2025 Oil

Oil prices fall on surprise rise in US crude and gasoline stocks

- Investors wary as major producers expected to announce output hike

03.07.2025 Oil

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

02.07.2025 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

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

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

US ready to fund viable nuclear energy projects in Türkiye, official says

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

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 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

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

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

More LNG supply is expected in 2026 supporting rising gas demand: IEA

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

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

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 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

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

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

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

Türkiye leads Europe with highest rise in hydropower capacity

Hydropower's role expands amid soaring global electricity demand

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

Spot market electricity prices for Thursday, July 10

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

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