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Oil falls as Trump plays down prospect of new strikes on Iran

- Brent down 2% as hopes for US-Iran deal ease supply concerns despite fresh strikes and continued tensions in Strait of Hormuz

11:07 Oil

US oil rig count up for week ending Nov. 7

- Number of US oil rigs up by 49 compared to one year ago

07.11.2026 Oil

Türkiye's Oruc Reis en route to Pakistan for seismic survey, energy minister says

- Ankara backs alternative oil and gas routes and also seeks to expand regional and global energy cooperation

06.11.2026 General

Oil prices set for sharp weekly decline despite tanker attacks

- Hopes for diplomatic breakthrough pressure prices as tanker attacks limit Friday losses

06.11.2026 Oil

US crude oil inventories down 0.2% in week ending Oct. 30

- Daily crude oil production increases to around 14 million barrels per day

05.11.2026 Oil

Poland's PGNiG-ORLEN set to drill third exploration well in Libya

- Company plans to drill its third exploration well in Libya in November as it advances exploration activities in Murzuq Basin

04.11.2026 Oil

Oil rises on renewed US threats against Iran, diplomatic hopes cap gains

- Reports that Netanyahu is pushing for US strikes on Iran after Nov. 3 midterms fuel supply disruption concerns

04.11.2026 Oil

Republicans could pay political price for surging oil prices in US midterms

- Middle East conflict drives nearly 40% surge in US gasoline prices, increasing pressure on Trump and his party

03.11.2026 Oil

Oil prices rebound above $105 on US strikes against Iran, remain below recent highs

- US forces carry out 'defensive' strikes on Iran, supporting oil gains, while optimism over diplomatic progress limits further price rises

03.11.2026 Oil

Oil prices fall on reports of renewed US-Iran contacts

- Expectations of diplomatic contacts in Middle East ease concerns over potential impact of conflicts on oil shipments

02.11.2026 Oil

home > related news

US oil rig count up for week ending Oct. 30

- Number of US oil rigs up by 48 compared to one year ago

31.10.2026 Oil

EU countries to accelerate release of 42.6 million barrels from oil reserves

- About half of planned release to consist of diesel as energy commissioner warns Middle East war could keep prices high through winter

31.10.2026 General

Brent heads for weekly gain as US-Iran tensions keep supply risks in focus

- Reports of possible US strikes on Iran and threats to Middle East oil shipments support prices despite diplomatic efforts

30.10.2026 Oil

Ukraine pauses strikes on Russian oil refineries amid US pressure: Report

- Unofficial pause reportedly began early last week and is expected to last until after the US midterm elections

30.10.2026 General

Oil rises as reports of possible US strikes on Iran raise supply concerns

- Reports of US military preparations add to concerns over Middle East oil supplies

30.10.2026 Oil

Oil falls as efforts to revive US-Iran talks ease supply concerns

- Reports of Qatar-led mediation efforts ease Middle East supply concerns, while an unexpected drop in US crude inventories limits price losses

29.10.2026 Oil

US crude oil inventories down 0.5% in week ending Oct. 23

- Daily crude oil production increases to around 13.99 million barrels per day

29.10.2026 Oil

TotalEnergies completes $800M sale of stake in Nigerian oil venture

- French energy giant retains full economic interest in three gas licenses within Renaissance joint venture, currently accounting for 50% of gas supplies to Nigeria LNG

28.10.2026 Oil

Oil prices rise as Houthi attack claims renew Saudi supply concerns

- Reported attacks on Saudi energy infrastructure heighten concerns over supply disruptions amid ongoing Middle East tensions

28.10.2026 Oil

Rising oil prices fail to stem decline in Russia's energy revenues

- Urals crude rose 62% year-on-year to above $92 per barrel in September, but Russia's oil and gas revenues fell by 1.14 trillion rubles in January-September

27.10.2026 General

China drives record global nuclear output as generation elsewhere falls

Türkiye signs cooperation deal with Danish company to use thorium reserves in nuclear technology

Hungary's Paks Nuclear Power Plant to shut down for first time in 44 years as Danube water levels plunge

India targets 100 GW nuclear power capacity by 2047

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

US extends Michigan coal plant operation amid grid reliability concerns

Coal prices surge as Middle East tensions disrupt energy markets

Trump directs Pentagon to purchase coal-fired electricity as he seeks boon for fading industry

Climate change protestors block world’s largest coal export port in Australia

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 Saturday, Jul. 4

Spot market natural gas prices for Friday, Jun. 12

Spot market natural gas prices for Thursday, Apr. 9

Spot market natural gas prices for Thursday, Feb. 12

Qatari LNG carrier struck by 'unidentified objects' in Gulf waters: Company

Germany's gas storage misses 80% winter target, raising concerns over supply

Shell takes final investment decision to double LNG Canada capacity

Global LNG squeeze pushes EU to seek alternative supplies

US oil rig count up for week ending Dec. 26

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 drivers continue to face high gasoline prices

Hormuz shipping risks highlight strategic value of oil storage outside chokepoint

US oil rig count falls for week ending April 17

Türkiye, Iraq begin talks on new oil transport deal

US oil rig count up for week ending Sept. 4

Saudi Aramco and Maaden inks deal for mining in Saudi Arabia

Oil majors reap $152.8B in first-half profits as higher prices pressure Trump

US crude oil inventories down 1.5% in week ending June 19

Turkish wind sector's operation, maintenance market reaches $350M

Türkiye's wind power tenders generate €75.5M in contribution fees

Türkiye announces winning bids for seven wind power projects

Türkiye's wind power capacity could save $4B each year on natural gas imports

Türkiye announces winning bids for 11 solar power projects

Türkiye, Romania eye deeper energy ties through gas, renewables

Wearable solar technologies offer promise for meeting personal energy needs

Orbital data centers to drive demand for larger solar arrays

Climate crisis, geopolitical tensions accelerate shift toward alternative fuels

Türkiye has 13 GW of investment-ready pumped-storage hydropower potential

Hydropower generation strengthens Türkiye's energy security, cuts import bill by $5B

Global hydropower capacity rises to 1,469 GW as pumped storage hits record level

COP31 offers Türkiye chance to showcase geothermal expertise, attract investment: IGA chief

US selects 21 geothermal projects for $99M in potential funding

Türkiye targets greater use of biomethane to cut emissions and reduce fuel imports

US tech companies turn to geothermal energy to power data centers

Türkiye targets $500B investment under 'National Energy 2040' vision

Turkish wind sector's operation, maintenance market reaches $350M

Türkiye's COP31 presidency offers opportunity to accelerate electric mobility

Türkiye announces winning bids for seven wind power projects

Energy, financial connectivity take center stage at Verona Eurasian Economic Forum

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 targets $500B investment under 'National Energy 2040' vision

Türkiye's COP31 presidency offers opportunity to accelerate electric mobility

COP31 to provide platform for Türkiye-Netherlands offshore wind cooperation

Türkiye's wind, solar YEKA tenders expected to draw $2B investment

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

Yemeni Coast Guard intercepts oil tanker after ‘unauthorized’ delivery to Houthi-held port

Libya’s unity government dismantles cell behind drone attacks on vital energy facilities

Strait of Hormuz blockade brings energy crisis to Europe