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US energy agency revises down Brent price forecast for 2025

- International benchmark Brent crude estimated to average $74.22 per barrel

12.03.2025 Oil

US crude oil inventories up by 0.8% for week ending Feb. 28

- Daily crude oil production reaches roughly 13.51 million barrels per day

06.03.2025 Oil

Oil prices rise amid Russian supply concerns, tightening global supply

- Disruptions in Russia's fuel exports are driving up cash oil prices, particularly in Middle East region

11.02.2025 Oil

Oil prices rise amid trade tensions, market uncertainty

- Uncertainty over Fed policies and US sanctions on Iranian oil exports add further volatility to energy markets

10.02.2025 Oil

Oil prices fall with higher than expected build in US crude inventory

- Trump's decision to reinstate "maximum pressure" policy on Iran restricts price declines

05.02.2025 Oil

Oil prices slip amid Trump policies, OPEC influence

- US tariffs, OPEC production stance, European recession fears drag oil prices lower

27.01.2025 Oil

Brent rises nearly 3% following intensified US Sanctions on Russia

- 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 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

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

US energy agency revises up crude oil price forecasts for 2024

- International benchmark Brent crude estimated to reach $86.37 per barrel in 2024

10.07.2024 Oil

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Oil set for weekly losses with demand concerns in US fueled by Fed statements

Supply fears in favor of higher prices rise over political uncertainty in Iran are later offset by demand concerns in US

24.05.2024 Oil

Oil prices up following strong demand, Middle East strife

- Concerns that ongoing conflicts in Red Sea will adversely affect global oil supply continue to put upward pressure on prices

26.04.2024 Oil

US energy agency revises up Brent price forecast for 2024, 2025

- International benchmark Brent crude now estimated to average $87 per barrel in 2024 and $84.80 per barrel in 2025

13.03.2024 Oil

US crude oil inventories up 0.9% for week ending Feb. 23

- Inventories increase by around 4.2 million barrels to 447.2 million barrels, falling short of market expectation of 8.4 million-barrel rise

29.02.2024 Oil

US crude oil inventories up 2.8% for week ending Feb. 9

- Inventories increase by around 12 million barrels to 439.4 million barrels, higher than market expectation of 8.5 million-barrel rise

15.02.2024 Oil

US crude oil inventories down 1.6% for week ending Dec. 22

- Inventories decrease by around 6.9 million barrels to 436.6 million barrels against market expectation of 1.8 million-barrel rise

29.12.2023 Oil General

Oil up in w/e Dec. 15 on demand optimism, central bank interest rate decisions

Weak US dollar, which fell 2.20% this week compared to last Friday's closing, supports oil price rises

15.12.2023 Oil Upstream

Oil mixed during week ending Dec. 1 amid disappointing OPEC+ supply cuts

- OPEC+ producers decide to keep existing output cuts until end of 2024 at annual meeting held on Thursday

01.12.2023 Oil

US crude oil inventories up 2% for week ending Nov. 17

- Inventories increase by around 8.7 million barrels to 448.1 million barrels, compared to American Petroleum Institute's expectation of 9 million-barrel rise

23.11.2023 Oil

US crude oil inventories up 0.8% for week ending Nov. 10

- Inventories rise by around 3.6 million barrels to 439.4 million barrels, compared to American Petroleum Institute's expectation of 1.3 million-barrel rise

16.11.2023 Oil World

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

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

Ibrahim Erden re-elected as head of Turkish Wind Energy Association

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

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

Hydropower leads Türkiye's renewable production in early 2025

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

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