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Japan faces jet fuel shortage

- Decline in country’s oil refineries trigger challenges in sufficient jet fuel, hampering tourism

17.07.2024 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

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

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

US crude oil inventories down 1.1% for week ending Oct. 13

- Inventories fall by around 4.5 million barrels to 419.7 million barrels, compared to American Petroleum Institute's expectation of 4.4 million-barrel draw

19.10.2023 Oil World

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US crude oil inventories down 0.5% for week ending Sept. 29

- Inventories fall by around 2.2 million barrels to 414.1 million barrels, compared to American Petroleum Institute's expectation of 4.2 million-barrel drop

05.10.2023 Oil World

China set new record for crude oil imports in first half of 2023

- China sources much of additional crude oil from Russia, Iran, Brazil and US

19.09.2023 Oil

US energy agency revises up Brent price forecast for 2023, 2024

- International benchmark Brent crude now estimated to average $84.46 per barrel in 2023 and $82.22 per barrel in 2024

13.09.2023 World Americas

US energy agency revises up Brent oil price forecast for 2023, 2024

- International benchmark Brent crude now estimated to average $82.62 per barrel in 2023 and $86.48 per barrel in 2024

10.08.2023 Oil International Organization World

US crude oil inventories rise by 1.3% for week ending Aug. 4

- Inventories rise by around 5.9 million barrels to 445.6 million barrels, compared to American Petroleum Institute's expectation of 4 million-barrel rise

10.08.2023 Oil World Americas

US crude oil inventories fall by 3.7% for week ending July 28

- Inventories decline by around 17 million barrels to 439.8 million barrels, compared to American Petroleum Institute's expectation of 15.4 million-barrel draw

03.08.2023 Oil World Americas

US crude oil inventories fall by 0.2% for week ending July 14

- Inventories decrease by around 700,000 barrels to 457.4 million barrels, compared to American Petroleum Institute's expectation of 2.25 million-barrel fall

20.07.2023 Oil Downstream Stock Market

US crude oil inventories down 2.1% for week ending June 23

- Inventories fall by around 9.6 million to 453.7 million barrels, compared to American Petroleum Institute's expectation for fall of 2.4 million-barrel

29.06.2023 Oil General

US crude oil inventories down 0.5% for week ending June 2

- Inventories fall by around 500,000 to 459.2 million barrels, compared to American Petroleum Institute's expectation of 1.7 million-barrel fall

08.06.2023 Oil World

US to shut down largest coal-fired plant in Pennsylvania by July

- The plant has operated almost continuously for 30 years achieving a utilization rate near 90%

07.06.2023 Coal Americas

Romania to lengthen lifespan of 1st nuclear reactor with $2 billion contract

Türkiye to initiate trial production at Akkuyu in 2025: Turkish energy min.

Meta seeks advice from nuclear power developers to help meet its AI goals

US set to triple nuclear power goal by 2050

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

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

Türkiye's daily power consumption down 4% on Nov. 9

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

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

Türkiye's LPG production down 27% in September 2024

Turkish President Erdogan announces LNG supply deal with Oman

Türkiye's gas hub plan highlights role in global energy: Russian official

TotalEnergies and China's Sinopec sign multiyear LNG supply agreement

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

Scottish government approves £150 million offshore wind fund

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

Germany's Enercon and partners to install 2,500 MW of onshore wind in Türkiye

Türkiye has potential for 27 GW of offshore wind by 2050, World Bank says

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

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

QatarEnergy, TotalEnergies partner for 1.25GW solar project in Iraq

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

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

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 requires new investments for development of geothermal sector

bp, Abu Dhabi’s XRG form joint venture for gas in Egypt

Spot market electricity prices for Monday, Dec. 16

Scottish government approves £150 million offshore wind fund

Spot market electricity prices for Monday, Dec. 9

Türkiye's daily power consumption down 5.6% on Dec. 7

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

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

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

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