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Oil prices up with possible Israeli strikes on Iran's oil infrastructure

- US President Biden's remarks about a possible retaliation by Israel lends upward support to oil prices

15:57 Oil

Oil extends gains with mounting concerns over potential supply disruptions in Middle East

- Prices rallied around 5% following US President Biden's comments on potentially aiding Israel against Iran

11:22 Oil

Oil prices edge higher over wider Middle East conflict

- Soaring tensions in Middle East raises concern that crude oil flow from the oil rich region could be disrupted

03.10.2024 Oil

Oil prices climb over 2% following escalating geopolitical tensions in Middle East

- Iran's military strike against Israel raises worries of crude oil disruptions in region, home to vast majority of oil reserves

02.10.2024 Oil

Oil falls as supply prospects and demand concerns offset Middle East fears

- Market is weighing whether Middle East conflict will spread to region, where vast majority of oil reserves are located

01.10.2024 Oil

Oil prices mixed with escalating Middle East tension, Saudi Arabia output decision

- Israeli airstrikes continue in several areas of southern and eastern Lebanon

30.09.2024 Oil

Oil prices set for weekly drop as markets expect supply boost

- Supply concerns ease in Libya amid political stability while Saudi Arabia expected to increase output in December

27.09.2024 Oil

Oil mixed with signs of further economic stimulus in China, strong US demand

- Expectation that oil production will return to normal levels in Libya caps price rises

27.09.2024 Oil

Oil falls with weaker supply concerns in Libya, lower demand expectation from China

- Data showing decline in US crude oil inventories limits further price falls amid stronger domestic demand

26.09.2024 Oil

Oil down with fears of insufficient Chinese stimulus plan, US recession worry

- Uncertainty over US Federal Reserve's future interest rate cuts limits further price falls

25.09.2024 Oil

home > related news

Oil up with escalating conflict in Middle East, Chinese stimulus package

- Concern over possibility of a wider regional war fuels expectation of oil supply shortage

24.09.2024 Oil

Oil prices up over growing supply concerns in Middle East

- US Federal Reserve's recent rate cut buoys market sentiment that lower rates will boost economic activity, in turn helping spur increased oil demand

23.09.2024 Oil

Oil prices gain in week ending Sept. 20 following US rate cut

-US Federal Reserve’s 50-basis-point rate cut on Wednesday, 1st rate cut by bank in more than 4 years

20.09.2024 Oil

Oil down amid China's slowing demand, OPEC+ supply boost

- OPEC+ previously agreed to extend oil production cuts to November as crude oil and fuel prices continued to fall

20.09.2024 Oil

Oil prices down on signs of US inventory build

- Markets are positioned for interest rate cut decision from US Federal Reserve during today's meeting

18.09.2024 Oil

Oil rises as US supply halt, Fed rate cut bets lift prices

- Markets await interest rate cut decision from US Federal Reserve, first rate cut since 2020

17.09.2024 Oil

Oil prices up with US interest rate cut expectations

- Increased demand concerns in China limits further price gains

16.09.2024 Oil

Decline in global oil demand drives Brent prices to three-year lows

- Brent crude oil falls by 3% during week ending Sept.13 due to weak economic data from China, and US by heightening risk perceptions in market

14.09.2024 Oil

Oil up in week ending Sept. 13 amid partial supply halt in US

- Slowdown in economic activity in US and China, world's top oil consumers, fueled market players' demand fears this week

13.09.2024 Oil

Oil up as Gulf of Mexico hurricane leads to partial supply halt

- 169 production platforms, accounting for 45.55% of output form Gulf of Mexico, evacuated in response to storm

13.09.2024 Oil

Construction of nuclear power plant to be ‘largest project’ in Kazakhstan’s history: President

IAEA chief heads to Belarus for high-level talks

South Korean president calls for deeper nuclear cooperation with Czech Republic

Türkiye interested in offshore gas fields in Egypt: Turkish energy minister

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

Spot market electricity prices for Saturday, April 15

UK closing its last coal-fired power plant, ending 142-year run

Extinction Rebellion launches 3-day climate action near Windsor Castle

Global coal demand to remain flat through 2025: Int. Energy Agency

EU's abandoned mines emit methane volume equal to Nordstream pipeline blast's emissions, report reveals

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 Friday, Nov. 18

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

Türkiye to increase capacity of gas storage facility in Istanbul to 5.6 bcm, says energy minister

TotalEnergies, South Korea's HD Hyundai Chemical sign 7-year LNG sale deal

Europe turns to LNG investments for supply security, uses half capacity

Algerian LNG vessel to arrive in Türkiye on Sept. 10

Türkiye's LPG production up 12.11% in June 2024

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 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

Türkiye's oil imports up 11.08% in February 2024

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

Wind, solar overtake EU fossil fuels in 1H24, Ember reports

Western Balkans can leapfrog gas for solar, wind for energy transition: Report

Türkiye breaks record in daily electricity production from wind on June 29

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

UK bank provides €249 million to support Turkish Kalyon Enerji's solar project

Wind, solar overtake EU fossil fuels in 1H24, Ember reports

Western Balkans can leapfrog gas for solar, wind for energy transition: Report

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

$41bn to be invested in green hydrogen and renewable energy in Egypt over 10 years

Türkiye sets new record for daily power consumption with 1.34% increase on July 9

Türkiye requires new investments for development of geothermal sector

US announces $74M funding to advance geothermal systems

UN Secretary General calls for 'Climate Solidarity Pact' between developed and emerging economies

Geopolitical concerns 'very serious': Bank of England warns of Middle East oil shock risk

Türkiye's green transition to attract substantial investment, senior IFC official says

Türkiye's EPIAS and Verra partner on world's 1st voluntary carbon credit exchange

Europe turns to LNG investments for supply security, uses half capacity

TotalEnergies sells its shares in Total Parco in Pakistan

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

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

Türkiye's daily power consumption down 1.8% on April 26

Türkiye to apply anti-dumping measures on solar panel imports from 5 countries

TotalEnergies income increases 4.4% in 2023

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

Israel continues "unlawful" approach to Palestinian natural resources

EU adopts 14th package of Russia sanctions

Suez Canal revenue drops 50% amid Red Sea tensions: Egyptian President