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Iraq, Syria discuss reviving Kirkuk-Baniyas oil pipeline after 2-decade halt

- Talks came during meeting in Baghdad between Iraqi prime minister, Syrian energy minister

15:08 Oil

IEA sees slower oil demand growth in 2025 as non-OECD deliveries lag

- Despite weaker-than-expected demand in China, India and Brazil in recent months, all of 600,000 bpd annual growth in 2nd quarter of 2025 came from non-OECD countries

11:40 Oil

India's oil import bill set to soar as US tariffs pressure Russian crude purchases

- Full halt to Russian imports is improbable in near term however refiners are expected to gradually diversify supply, according to Kpler analyst

11:09 Oil Finance

US energy agency revises down Brent price forecast for 2025

- International benchmark Brent crude estimated to average $67.22 per barrel

10:03 Oil

Oil prices dip on crude build forecast and uncertainty over Russia-US talks

- The American Petroleum Institute forecasts over a 1.5 million-barrel increase in US crude inventories for week ending Aug. 8

10:02 Oil

OPEC crude oil production up by 263,000 barrels per day in July 2025

- OPEC maintains its global oil demand growth forecast for 2025 unchanged

12.08.2025 Oil

Oil edges up amid tariff delay, uncertainty over Russia-US talks

- US inflation above Fed's 2% target limits price gains

12.08.2025 Oil

Oil prices extend losses ahead of US-Russia talks on Ukraine war

- Upcoming talks raise hopes that sanctions restricting Russian oil exports might be eased

11.08.2025 Oil

US oil rig count down by 1 for week ending Aug. 8

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

09.08.2025 Oil

Oil prices post weekly loss on tariff worries, easing geopolitical tensions

- Concerns over global demand, US tariffs, and easing geopolitical risks weigh on market sentiment

08.08.2025 Oil

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Russia's oil exports shift towards Asia: EIA

- China remains largest importer of Russia's crude oil

08.08.2025 Oil

Türkiye's Abdulhamid Han drillship set for new Black Sea mission

- Vessel to operate at Turkali-33 well after major gas discovery at Goktepe-3

08.08.2025 General

Oil prices fall on tariff worries, weak demand outlook

- Expanding US trade tariffs, OPEC+ supply increase weigh on market

08.08.2025 Oil

Baku-Tbilisi-Ceyhan pipeline ships 4.6B barrels of oil to Türkiye since 2006

- Around 106 million barrels transported in first half of 2025, bp says

07.08.2025 Oil

US data centers' growing energy demand drives up electricity prices

- New investments in energy infrastructure to cool data centers running generative AI tools end up being passed on to end-consumers, resulting in price hikes

07.08.2025 Electricity