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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

11:16 Oil

Oil prices surge as OPEC+ delays output increase, US elections loom

- Weaker dollar likely to drive up demand by making oil more affordable for buyers using other currencies

04.11.2024 Oil

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 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 prices up amid strong US retail sales data

- US retail sales climbed 0.4% in September from previous month, reaching $714.4 billion

18.10.2024 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

Oil prices slide after rallying to highest in over month with Middle East tension

- Both oil benchmarks decline with investor profit-taking and demand uncertainties in China

08.10.2024 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

04.10.2024 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

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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 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 prices up with US interest rate cut expectations

- Increased demand concerns in China limits further price gains

16.09.2024 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

Oil prices rise in week ending Aug.30 amid falling US inventories

- Global supply concerns, fueled by output halt in Libya and ongoing attack on critical energy structures in Russia and Ukraine, push prices higher

30.08.2024 Oil Refining/Petro Chemistry

Oil prices edge up amid supply concerns in Libya and Iraq

- Global supply concerns, fueled by halt in Libya's production and coupled with reports of planned Iraqi production cuts, push prices higher

30.08.2024 Oil

Oil ebbs in week ending Aug. 23 as geopolitical risks ease

- Cease-fire negotiations continue in the oil-rich Middle East, assuaging supply concerns in the region

23.08.2024 Oil

Oil slips amid demand concerns for week ending Aug. 16

- Middle East tensions cap oil price declines amid supply concerns

16.08.2024 Oil

Nuclear reactor in Japan shuts days after restart since 2011

Bulgaria signs contract with US company to boost its nuclear energy capacity

Iran submits protest note to IAEA over Israeli threats to nuclear sites

Japan's oldest nuclear reactor approved to operate beyond 50 years

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

Türkiye's daily power consumption down 5.36% on Nov. 2

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

Russian deputy energy minister held as probe into coal mine contracts expands

Türkiye's daily power consumption up 3.88% on Oct. 22

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 and China's Sinopec sign multiyear LNG supply agreement

Türkiye's LPG production down 14.2% in August

Algerian LNG vessel to arrive in Türkiye on Oct 19

Algerian LNG vessel to arrive in Türkiye on Oct. 10

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

QatarEnergy, TotalEnergies partner for 1.25GW solar project in Iraq

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

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

Climate Investment Funds grant $70 million to accelerate Türkiye's renewable energy integration

International Finance Corporation provides major investment package for Türkiye

TotalEnergies' 3rd-quarter income drops sharply

Shell beats market expectations with $6 billion profit in 3Q24

Spot market natural gas prices for Friday, Oct. 25

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

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 daily power consumption down 1.8% on April 26

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

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