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US oil rig count up by 1 for week ending Dec. 12

- Number of US oil rigs dropped by 68 compared to one year ago

10:25 Oil

Oil heads for weekly loss as demand worries outweigh geopolitical risks

- Markets face weekly losses as concerns over global demand and US Fed's policy outlook overshadowed geopolitical tensions involving Russia and Venezuela

12.12.2025 Oil

Supply concerns lift oil prices, Russia-Ukraine peace hopes cap gains

- Prices rise on supply concerns tied to potential US seizures of Venezuelan oil tankers, though gains are capped by optimism over possible progress in Russia-Ukraine peace efforts

12.12.2025 Oil

OPEC crude oil production down 1,000 barrels per day in November

- Organization maintains its global oil demand growth forecast for both 2025 and 2026

11.12.2025 Oil

IEA revises up global oil demand growth forecast

- Global oil demand is expected to rise by around 835,000 bpd in 2025 compared to last year, reaching 103.92 million bpd

11.12.2025 Oil

Trump confirms US seized 'very large' oil tanker off coast of Venezuela

- 'We've just seized a tanker on the coast of Venezuela; large tanker, very large, largest one ever seized, actually,' says US president - Venezuela condemns move, calling it an act of 'piracy'

11.12.2025 General

US crude oil inventories down by 0.4% for week ending Dec. 5

- Daily crude oil production increases to around 13.85 million barrels per day

11.12.2025 Oil

Oil prices fall on weak demand signals after Fed rate cut

- Fed lowers policy rate by 25 basis points to range of 3.5%–3.75%, citing a slowdown in US labor market

11.12.2025 Oil

Oil prices inch higher amid US inventory outlook, Fed expectations

- Crude prices edge higher on US stock decline forecast as markets track Ukraine peace efforts

10.12.2025 General

Oil prices down amid easing geopolitical risks

- Russia-Ukraine peace efforts and Fed rate uncertainty weigh on prices amid cautious market sentiment

09.12.2025 Oil

home > related news

Oil rises on Fed rate cut expectations, geopolitical supply risks

- Expectations of Fed rate cut and renewed geopolitical risks involving Russia and Venezuela lift prices, while slow Ukraine peace talks add further support

08.12.2025 Oil

US oil rig count up by 6 for week ending Dec. 5

- Number of US oil rigs dropped by 69 compared to one year ago

06.12.2025 Oil General

Oil set for weekly loss as weak US demand, Lukoil waiver weigh on markets

- Weak US demand indicators, eased US sanctions on Lukoil, and reduced geopolitical risk outweigh supply concerns in Yemen and Venezuela

05.12.2025 Oil

Oil prices slip on weak demand signals and easing supply worries

- Uncertainty surrounding diplomatic efforts on Ukraine peace talks continues to cloud market sentiment

05.12.2025 Oil

Oil prices edge higher on supply fears after renewed attacks on Russian infrastructure

- Gains driven by reports that oil depots in Russia, one of world’s major oil suppliers, had been targeted

04.12.2025 Oil

US crude oil inventories up by 0.1% for week ending Nov. 28

- Daily crude oil production increases to around 13.81 million barrels per day

04.12.2025 Oil

Oil prices edge higher on US crude draw

- API estimates 2.48 million-barrel drop in US commercial crude inventories, exceeding expectations for 1.9 million-barrel decline

03.12.2025 Oil

Türkiye to launch oil and gas exploration in five Pakistani fields in 2026

- Operations in these fields are planned to begin in 2026, with seismic studies conducted in some areas and direct drilling activities carried out in others

02.12.2025 General

Oil holds gains as geopolitical tensions and OPEC+ policy stoke supply risks

- Global supply fears persist amid US-Venezuela escalation, strikes on Russian energy assets, and OPEC+'s output stance

02.12.2025 Oil

OPEC+ pause and fresh geopolitical tensions push oil prices higher

- US airspace restrictions on Venezuela and attacks on Black Sea vessels continue to fuel supply concerns and support higher oil prices

01.12.2025 Oil

US consul general says energy is key to $100B US-Türkiye trade goal

South Africa moves to revive nuclear power projects, ramp up research

UK's first small modular nuclear reactors to be built in Wales, prime minister confirms

Rosatom and Brazil exploring cooperation on rare earth elements

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

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

US to invest $625M to expand coal industry

Global consortium launches study on carbon capture hubs to support Asia's decarbonization

Global coal demand to remain on a plateau in 2025 and 2026: IEA

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, Nov. 29

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

LNG supply surplus in 2026 to pressure global gas prices, experts say

Türkiye's LPG production up 27.2% in September

EU imports of liquefied natural gas from Russia reach record levels amid overall gas decline

ADNOC signs 15-year LNG supply deal with Shell for Ruwais project

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 crude oil inventories down 1% 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 up by 2 for week ending Sept. 5

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

Goldwind names Alper Kalayci, localization, supply chain manager in Türkiye

Nordex Group to install 90 MW wind power capacity in Türkiye

China's Dongfang plans $250M wind turbine plant in Türkiye

Europe to reach 441 GW of wind power by 2030

Türkiye, UAE advance $1B deal for Nigde solar power plant

QatarEnergy, Samsung C&T ink deal to build Dukhan solar power plant

Global solar set for record year after 64% growth in first half of 2025

Citicore secures $77M loan for 125-MWp solar project in Philippines

Hydropower gains new momentum as pumped storage accelerates globally

India launches $77 billion hydropower plan in Brahmaputra river

Türkiye's Orta Asya Investment Holding's hydropower project in Kyrgyzstan to support regional energy transformation

Türkiye's Yusufeli Dam supplies power to 2.5 million people annually

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

Türkiye's mining exports poised to exceed $10 billion in 2026

Türkiye's energy import bill down 3.4% in October

Türkiye and World Bank agree on $6B energy financing package

Türkiye, Canada's AtkinsRealis launch technical studies on future nuclear projects

ADNOC signs 15-year LNG supply deal with Shell for Ruwais project

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

Karpowership draws rising interest as it powers eight African nations

World Bank to continue financing new energy projects in Türkiye

Türkiye’s YEKA tenders set to draw $3.3B in renewables investment

Global offshore wind capacity hits 83 GW, powering 73 million homes

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