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Türkiye's daily power consumption down 5.1% on Feb. 22

- Electricity exports amount to 15,544 megawatt-hours and imports total 431 megawatt-hours

23.02.2025 Electricity

Spot market electricity prices for Thursday, Feb. 20

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.78 billion Turkish liras

19.02.2025 Electricity

Oil prices rise with Saudi Aramco price hike

- Increase in price of Arab Light oil, largest since August 2022, supports global oil prices

06.02.2025 Oil

Oil prices fall as Trump suspends tariffs on Mexico, Canada

- OPEC+ maintains supply plans, continuing to increase supply by 120,000 barrels per day monthly from April

04.02.2025 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

Türkiye aims to triple electricity interconnection with neighboring markets

- Regional interconnections and cooperation are crucial to enhance stability and foster development, Turkish energy minister says

13.01.2025 General

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

Spot market natural gas prices for Thursday, Jan. 9

- 1,000 cubic meters of natural gas on spot market costs 12,228.93 Turkish liras

10.01.2025 Natural Gas

Spot market electricity prices for Saturday, Jan. 11

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.60 billion Turkish liras

10.01.2025 Electricity

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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 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

Spot market electricity prices for Monday, Jan. 6

- Energy Exchange Istanbul (EXIST) data on Friday shows electricity market trade amounts to 1.76 billion Turkish liras

05.01.2025 Electricity

Türkiye's daily power consumption down 3.7% on Jan. 4

- Electricity exports amount to 15,862 megawatt-hours and imports total 200 megawatt-hours

05.01.2025 Electricity

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

Türkiye's energy import bill up 8.8% in November

- At $5.73 billion, energy accounts for 19.3% of overall import figures in Türkiye in November

31.12.2024 Electricity Oil

Spot market electricity prices for Monday, Dec. 30

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.58 billion Turkish liras

29.12.2024 Electricity

Spot market natural gas prices for Saturday, Dec. 28

-1,000 cubic meters of natural gas on spot market costs 12,491.18 Turkish liras

29.12.2024 Natural Gas

Türkiye's daily power consumption down 4.1% on Dec. 28

- Electricity exports amount to 18,314 megawatt-hours and imports total 853 megawatt-hours

29.12.2024 Electricity

Oil falls as Fed adopts cautious stance on future rate cuts, strengthening dollar

- Concerns that demand will decline in China, world's largest oil importer, continue to pressure prices

20.12.2024 Oil

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Oil prices up with US inventory drawdown, Fed rate cut

- Economy continues to grow at steady pace, labor market conditions ease, Fed says following decision to reduce rates by 25 basis points

19.12.2024 Oil

Oil prices down with global inflation uncertainty

- Market players eye monetary policy by several major banks this week to gain insight on inflation

17.12.2024 Oil

Spot market electricity prices for Saturday, Dec. 14

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.51 billion Turkish liras

13.12.2024 Electricity

Spot market natural gas prices for Thursday, Dec. 12

-1,000 cubic meters of natural gas on spot market costs 12,107.69 Turkish liras

13.12.2024 Natural Gas

Türkiye's daily power consumption up 1.2% on Dec. 12

- Electricity exports amount to 16,848 megawatt-hours and imports total 825 megawatt-hours

13.12.2024 Electricity

Scottish government approves £150 million offshore wind fund

- Capital to support growth of offshore wind sector and support thousands of green jobs across Scotland

12.12.2024 Finance Wind

Oil prices up with fresh EU sanctions on Russia

- Sanctions include ban on shipping crude oil and some oil products transported by sea from Russia to EU

12.12.2024 Oil

OPEC daily crude output up 0.5% in Nov.

- Global oil demand growth forecast for 2024 is revised down by 210,000 bpd, from previous month's assessment

11.12.2024 Oil

Oil prices up with China demand hopes

- China calls for more active budget and moderately loose monetary policy for next year

11.12.2024 Oil

Oil up with geopolitical upset in Middle East

- China's exports slow in November, amid expectation that US President-elect Trump will increase tariffs when he takes office in January

10.12.2024 Oil

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Türkiye's daily power consumption up 12.7% on Dec. 9

- Electricity exports amount to 15,845 megawatt-hours and imports total 291 megawatt-hours

10.12.2024 Electricity

Equinor, Shell join to form independent oil and gas company in UK

- New company expected to produce over 140,000 barrels of oil equivalent per day in 2025

05.12.2024 Natural Gas Oil Energy Diplomacy

Oil up with demand outlook, Fed rate cut prospect

- Tension heightens in the Middle East as Israeli army continues to attack targets despite cease-fire agreement

03.12.2024 Oil

Oil up with threat of intense warfare in Mideast, weaker dollar

- Israeli army has instruction to prepare for a violent war in case of a serious violation of cease-fire agreement, Israeli premier says

29.11.2024 Oil

Türkiye's energy import bill down 7.3% in October

- At $4.98 billion, energy accounts for 17% of overall import figures in Türkiye in October

28.11.2024 General

Mix of green energy, low emission gas necessary for successful energy transition

- "We will continue to develop pipeline supplies, which give security and flexibility and will continue supplying competitive energy to our partners and to the world," Russia's First Deputy Minister of Energy says

22.11.2024 Natural Gas Energy Diplomacy

Oil prices up with increasing Ukraine-Russia tension

- Money markets calculate a 59% probability that Fed will reduce interest rates next month with 41% probability of rates remaining unchanged

20.11.2024 Oil Energy Diplomacy

Spot market electricity prices for Wednesday, Nov. 20

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.48 billion Turkish liras

19.11.2024 Electricity

Oil prices slide amid lingering US inflation worries

- Oil prices jump nearly $3 as Equinor halts output at Western Europe’s largest field

19.11.2024 Oil

Türkiye's daily power consumption up 16.5% on Nov. 18

- Electricity exports amount to 16,028 megawatt-hours and imports total 455 megawatt-hours

19.11.2024 Electricity

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Oil prices up amid Middle East turmoil, US inflation data in focus

- Unrest in Middle East continues to impact oil prices as market players fear global supply disruptions

13.11.2024 Oil

Spot market electricity prices for Wednesday, Nov. 13

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.60 billion Turkish liras

12.11.2024 Electricity

Spot market natural gas prices for Monday, Nov. 11

- 1,000 cubic meters of natural gas on spot market costs 12,181.74 Turkish liras

12.11.2024 Natural Gas

Türkiye's daily power consumption up 14.2% on Nov. 11

- Electricity exports amount to 16,508 megawatt-hours and imports total 401 megawatt-hours

12.11.2024 Electricity

Spot market electricity prices for Sunday, Nov. 10

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.12 billion Turkish liras

09.11.2024 Electricity

Spot market natural gas prices for Friday, Nov. 8

- 1,000 cubic meters of natural gas on spot market costs 12,024.48 Turkish liras

09.11.2024 Natural Gas

US oil rig count remains unchanged for week ending Nov. 8

- Number of US oil rigs down by 15 compared to one year ago

09.11.2024 Oil

Türkiye's daily power consumption down 1% on Nov. 8

- Electricity exports amount to 14,789 megawatt-hours and imports total 1,066 megawatt-hours

09.11.2024 Electricity

Oil prices set for weekly rise amid OPEC+ supply decision, Fed rate cut

- Market players this week mainly focus on US presidential elections and Fed interest rate decision

08.11.2024 Oil

Oil prices down as storm in Gulf of Mexico expected to bypass US coast

- The hurricane, which is gradually weakening, is expected to avoid US coastal states

08.11.2024 Oil

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US crude oil inventories up 0.5% for week ending Nov. 1

- Daily crude oil production falls to around 13.92 million barrels per day

07.11.2024 Oil

Oil prices drop with weak US demand, strong dollar amid election results

- API reports 3.13 million barrels increase in US commercial crude oil inventories, surpassing market expectations of a 1.80 million barrel rise

06.11.2024 Oil

Spot market natural gas prices for Monday, Nov. 4

- 1,000 cubic meters of natural gas on spot market costs 12,418 Turkish liras

05.11.2024 Natural Gas

Spot market electricity prices for Wednesday, Nov. 6

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.48 billion Turkish liras

05.11.2024 Electricity

Oil prices down ahead of US elections, ongoing cease-fire negotiations in Mideast

- Egyptian President says intense efforts are ongoing to achieve a cease-fire in Gaza Strip

05.11.2024 Oil

Türkiye's daily power consumption up 16.2% on Nov. 4

- Electricity exports amount to 15,216 megawatt-hours and imports total 442 megawatt-hours

05.11.2024 Electricity

Spot market electricity prices for Tuesday, Nov. 5

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.38 billion Turkish liras

04.11.2024 Electricity

Oil prices up with possibility of Iran preparing to attack Israel

- News story claims Iran may retaliate with numerous unmanned aerial vehicles and ballistic missiles from Iraqi territory before US Presidential elections on November 5

01.11.2024 Oil

Spot market natural gas prices for Wednesday, Oct. 30

- 1,000 cubic meters of natural gas on spot market costs 11,874 Turkish liras

31.10.2024 Natural Gas

Spot market electricity prices for Friday, Nov. 1

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.43 billion Turkish liras

31.10.2024 Electricity

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Türkiye's energy import bill down 16.4% in September

- At $4.71 billion, energy accounts for 17.4% of overall import figures in Türkiye in September

31.10.2024 Natural Gas Oil

Türkiye's daily power consumption up 12.8% on Oct. 30

- Electricity exports amount to 17,163 megawatt-hours and imports total 176 megawatt-hours

31.10.2024 Electricity Coal

Oil prices fall after Iran says Israeli attack caused minimal damage

- Oil prices plummet as Israeli air strike on Iran left oil facilities unaffected

28.10.2024 Oil

Oil prices on track for weekly climb as Israel-Iran tension heightens

- Possible ceasefire talks in Qatar lower supply concerns among market players

25.10.2024 Oil

Oil prices up as Israel prepares to retaliate against Iran

- Israel's public broadcaster claims Israel is preparing to attack Iran, despite US pressure to ease offensive

24.10.2024 Oil

Oil steady as falling US demand counters Mideast tension

- Oil prices climb 2% after Israeli army took responsibility for killing head of Hezbollah's Executive Council

23.10.2024 Oil Finance

Spot market natural gas prices for Monday, Oct. 21

- 1,000 cubic meters of natural gas on spot market costs 11,871.15 Turkish liras

22.10.2024 Natural Gas

Spot market electricity prices for Wednesday, Oct. 23

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.57 billion Turkish liras

22.10.2024 Electricity

Türkiye's daily power consumption up 17.3% on Oct. 21

- Electricity exports amount to 13,422 megawatt-hours and imports total 2,409 megawatt-hours

22.10.2024 Electricity

Oil prices surge amid escalating tensions between Israel, Iran

- US President Biden said Friday he is aware of Israel’s plans for an attack on Iran, as Tehran warns it will respond "decisively"

21.10.2024 Oil

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Spot market electricity prices for Sunday, Oct. 13

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.17 billion Turkish liras

12.10.2024 Electricity

Spot market natural gas prices for Friday, Oct. 11

- 1,000 cubic meters of natural gas on spot market costs 11,986.47 Turkish liras

12.10.2024 Natural Gas

Türkiye's daily power consumption up 0.4% on Oct. 11

- Electricity exports amount to 15,917 megawatt-hours and imports total 857 megawatt-hours

12.10.2024 Electricity

US oil rig count up by 2 for week ending Oct. 11

- Number of US oil rigs fall by 20 compared to one year ago

12.10.2024 Oil

Oil sees weekly rise with new Chinese stimulus, Middle East instability

- Experts forecast surge in oil demand following new Chinese incentives anticipated over weekend

11.10.2024 Oil

Oil down with low US demand, market awaits China stimulus package

- Experts say Hurricane Milton could also negatively affect employment data in US in coming weeks

11.10.2024 Oil

Oil up amid Middle East tension, US hurricane threatening fuel shortage

- Consecutive hurricanes in US cause power outages, fuel shortages with increased demand

10.10.2024 Oil

Oil prices rise with escalating Middle East conflict, US economic growth

- Hezbollah's call for cease-fire with Israel push prices down in previous session, questions of validity fail to keep prices down

09.10.2024 Oil

Spot market electricity prices for Friday, Oct. 4

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.43 billion Turkish liras

03.10.2024 Electricity

Spot market natural gas prices for Wednesday, Oct. 2

- 1,000 cubic meters of natural gas on spot market costs 12,383.68 Turkish liras

03.10.2024 Natural Gas

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US crude oil inventories up 0.9% for week ending Sept. 27

- Daily crude oil production rises to 13.73 million barrels per day

03.10.2024 Oil

Türkiye's daily power consumption up 12.1% on Sept. 30

- Electricity exports amount to 11,771 megawatt-hours and imports total 6,798 megawatt-hours

01.10.2024 Electricity

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

Türkiye's energy import bill down 0.5% in August

- At $5.29 billion, energy accounts for 19.5% of overall import figures in Türkiye in August

27.09.2024 Natural Gas Oil

Spot market natural gas prices for Wednesday, Sept. 25

- 1,000 cubic meters of natural gas on spot market costs 11,978.48 Turkish liras

26.09.2024 Natural Gas

Spot market electricity prices for Friday, Sept. 27

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.68 billion Turkish liras

26.09.2024 Electricity

Türkiye's daily power consumption up 1% on Sept. 25

- Electricity exports amount to 14,262 megawatt-hours and imports total 1,958 megawatt-hours

26.09.2024 Electricity

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

Spot market natural gas prices for Thursday, Sept. 19

- 1,000 cubic meters of natural gas on spot market costs 11,964.62 Turkish liras

20.09.2024 Natural Gas

Spot market electricity prices for Saturday, Sept. 21

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.33 billion Turkish liras

20.09.2024 Electricity

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Türkiye's daily power consumption down 1.6% on Sept. 19

- Electricity exports amount to 14,356 megawatt-hours and imports total 18,047 megawatt-hours

20.09.2024 Electricity

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

Türkiye's daily power consumption down 12.5% on Sept. 15

- Electricity exports amount to 16,681 megawatt-hours and imports total 15,778 megawatt-hours

16.09.2024 Electricity

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

Oil up with concerns of supply halt in US amid hurricane warning

- Severity of storms push oil prices higher with interruption to oil and natural gas production

12.09.2024 Oil

US crude oil inventories rose 0.2% for week ending Sept. 6

- Daily crude oil production falls to 13.65 million barrels per day

12.09.2024 Oil

Spot market electricity prices for Thursday, Sept. 12

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.73 billion Turkish liras

11.09.2024 Electricity

Spot market natural gas prices for Tuesday, Sept. 10

- 1,000 cubic meters of natural gas on spot market costs 12,143.18 Turkish liras

11.09.2024 Natural Gas

Türkiye's daily power consumption up 2.9% on Sept. 10

- Electricity exports amount to 14,736 megawatt-hours and imports total 15,667 megawatt-hours

11.09.2024 Electricity

Russia, Ukraine accuse each other of disrupting IAEA rotation at Zaporizhzhia plant

Heads of Russian, UN nuclear watchdogs start meeting in Moscow

Hungary inks deal with UK to develop small modular nuclear reactors

Iran warns US, Israel of forceful response if its nuclear sites targeted

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

Highlights of Türkiye's energy market in 2024

Global coal demand peaks in 2024, to plateau until 2027: IEA

Türkiye to begin 1st gold production in Niger in 2025

Spot market electricity prices for Monday, Nov. 11

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

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

Utilisation of EU LNG terminal plunges to 42% in 2024

Europe LNG imports hit 3-year low in 2024: Report

Surge in global LNG demand boosts LNG carrier orders in 2024

Türkiye's LPG production up 12.3% in November 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 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

Strong winds force closure of Egypt’s Hurghada, El-Arish ports

Türkiye ranks 3rd in Europe for onshore wind energy capacity increase

Europe's wind energy capacity increases by 16.4 GW in 2024

Türkiye to install 1 GW wind energy capacity in 2025

Türkiye's installed solar power capacity exceeds 20,000 MW

Türkiye awards six contracts for 800 MW solar projects

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

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

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

Spot market electricity prices for Sunday, March 16

US oil rig count up by 1 for week ending March 14

Türkiye's daily power consumption up 0.03% on March 12

Syria, Saudi energy company discuss cooperation in agricultural sector

OPEC daily crude output up 0.6% in February

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's renewable share in electricity capacity rises to 60%

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

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

Türkiye's LPG production up 6.69% in November 2023

Former Lithuanian FM warns Russia's shadow fleet threatens EU security

Turkmen natural gas set to reach Türkiye on March 1

Turkmen gas agreement boosts Türkiye's role in regional energy trade: Experts