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Oil prices rise following US data indicating strong demand

- Statements from US President Donald Trump supporting global interest rate cuts also put upward pressure on prices

24.01.2025 Oil

Oil prices drop amid rising US inventory, uncertainty over Trump's energy policies

- American Petroleum Institute (API) data show rise of 1 million barrels, contrary to market expectations of 2.6 million barrel decline

23.01.2025 Oil

Oil prices down amid Trump's new energy policies, winter pressures

- Trump's policies, including reversing drilling bans and proposing tariffs, continue to ease supply concerns and put downward pressure on oil prices

22.01.2025 Oil

Oil prices drop amid shifts in Trump policies

- Oil prices fall as shifting US energy policies, global recession fears, and Israel-Hamas ceasefire ease geopolitical risks

21.01.2025 Oil

Oil prices fall as Trump takes office and Gaza ceasefire eases tensions

- Oil prices fall driven by recession concerns, Trump's tariff policies, and reduced Middle East risk following Gaza ceasefire

20.01.2025 Oil

Oil prices rise amid strong economic data from China, uncertainties over Trump's policies

- Strong macroeconomic data from China pointing a growth of 5% in 2024, supports upwards price movements

17.01.2025 Oil

Oil prices drop amid Gaza cease-fire agreement, increased OPEC production

- Qatari Prime Minister and Foreign Minister Mohammed bin Abdulrahman Al-Thani confirms cease-fire agreement during press conference in Doha, which is set to take effect on Sunday

16.01.2025 Oil

Oil prices rise with US demand increase, Gaza cease-fire talks cap gains

- Israeli Prime Minister says progress on cease-fire depends on Hamas's response while US administration hopes to finalize deal this week

15.01.2025 Oil

Oil prices slide with profit-taking after rallying to 3-month high

- News reports suggest ongoing conflict between Israel and Palestine close to a ceasefire

14.01.2025 Oil

Oil prices rise amid supply concerns over intensified Russia sanctions

- Oil prices reach their highest level since October 2024 over embargo decision against Russian oil producing and exporting companies

13.01.2025 Oil

- Oil prices surged by nearly 3%, reaching their highest levels in three months, driven by supply concerns after the US administration intensified sanctions targeting Russia’s oil production and exports

10.01.2025 Oil

Oil sees weekly rise as cold weather boosts demand, supply concerns persist

- Reduced supply from Russia and OPEC members and higher demand caused by cold weather raise prices

10.01.2025 Oil

Oil prices rise on strong demand outlook amid cold snap

- US data shows 632,000-barrel drop in heating oil stocks, fueling expectations of higher oil demand

10.01.2025 Oil

Oil down amid economic slowdown in China, weaker US demand outlook

- Lower-than-expected drop in US crude oil inventories suggest demand in world's largest oil consuming country weakened, influencing downward price movements

09.01.2025 Oil

Oil rises on strong US demand, Biden's offshore drilling ban

- Trump's vow to swiftly revoke outgoing president Biden's ban on offshore oil and gas drilling limits further price increase

08.01.2025 Oil

Oil prices disappoint investors expecting a price hike in 2024

- Brent oil starts 2024 at elevated levels amid Middle East conflicts, ends year with a decline of around 3.6%, weighed down by mounting economic concerns

07.01.2025 Oil

Oil down amid slowing economic activity, lower demand

- Recession concerns in major economies heighten fears of slowing global oil demand, pushing prices lower

06.01.2025 Oil

Oil prices rise amid optimism on US and China economic activity

- Oil prices climb on optimism about economic growth in US and China, boosted by demand expectations and lower US crude stocks

03.01.2025 Oil

Oil prices rise amid strong demand outlook in US and China

- Chinese economy rebounds, on an upward trajectory, China's President Xi Jinping says

02.01.2025 Oil

Oil up over strong economic data from China, weakening US dollar

- Chinese authorities approve record fiscal stimulus package of 3 trillion yuan to boost economy, contributing to market optimism over future oil demand

31.12.2024 Oil

Nuclear set to reach new record in 2025: IEA

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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

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

Spot market natural gas prices for Friday, Dec. 29

US LNG vessel to arrive in Türkiye on January 31

US LNG carrier set to arrive in Türkiye on Jan. 13

bp begins 1st flow from West African offshore LNG project

Türkiye's LPG production down 14.6% in October

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

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

US oil rig count down by 2 for week ending Aug 16

Scottish government approves £150 million offshore wind fund

European Invest. Bank to loan €1B for Spain's solar, wind energy projects

Germany's Enercon and partners to install 2,500 MW of onshore wind in Türkiye

Türkiye has potential for 27 GW of offshore wind by 2050, World Bank says

European Invest. Bank to loan €1B for Spain's solar, wind energy projects

Türkiye's solar power soars to record heights in 2024: Ember

QatarEnergy, TotalEnergies partner for 1.25GW solar project in Iraq

Global renewables jobs reach 16.2 million in 2023 with highest yearly rise

China set to build world's largest dam in Tibet

TotalEnergies expands renewables portfolio with hydropower deals across Africa

Türkiye leads Europe with highest rise in hydropower capacity last year

Hydro provides majority of Norway's power in January

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

EBRD's investments in Türkiye reach record of €2.6 billion last year

Global mining needs $6 trillion over next decade, Saudi minister says

Türkiye's licensed power generation up 4.64% in October

Türkiye's daily power consumption up 14.7% on Dec. 23

bp, Abu Dhabi’s XRG form joint venture for gas in Egypt

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

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High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

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Russian Lukoil starts Chashkino gas-turbine power plant

Gazprom posts 26% loss in 1H20

Global leaders of energy sector to convene at İstanbul Energy Forum

UN weather agency says 2024 on track to be warmest year on record

Climate Investment Funds grant $70 million to accelerate Türkiye's renewable energy integration

Vitol to invest $550 million in clean cooking technologies in Africa

Türkiye's LPG production down 25% in April 2024

Türkiye's LPG production up 15% in December 2023

Türkiye's LPG production up 6.69% in November 2023

Türkiye's LPG production down 6.3% in October

Energy industry steps up global cybersecurity efforts amid growing threats

One out of every four countries sees energy supply shortages among "top 5 risks"

Highlights of global energy market in 2024