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Oil prices fall amid uncertainty over Fed’s 2025 roadmap

-Macroeconomic data indicating slowdown in US economic growth further put pressure on prices

16.12.2024 Oil

Oil prices up following 2 week decline with positive economic signals

- Benchmarks up 4% during week ending Dec. 13 with demand hopes

13.12.2024 Oil

OPEC+'s decision to keep production cuts push weekly prices down

- Oil cartel's decision and slowdown in world's two biggest economies help Brent prices around $70

06.12.2024 Oil

Oil prices drop following OPEC+ extension of supply cuts

- Macroeconomic data released in US signals slowdown in economic growth, further influencing downward price movements

06.12.2024 Oil

Oil drops amid demand concern and economic slowdown in China and US

- Rising expectations that the US Federal Reserve (Fed) might cut interest rates this month limits further price falls

05.12.2024 Oil

Oil prices set for weekly fall following cease-fire reached between Israel and Lebanon

- Prospect of lasting cease-fire in wider region helps drive price declines by easing supply concerns among market participants

29.11.2024 Oil

Oil prices down following stronger US dollar, Mideast cease-fire

- Anticipation of lasting cease-fire in Middle East, home to significant portion of global oil reserves, contributes to recent price declines

28.11.2024 Oil

Oil prices down amid cease-fire expectations in Middle East

- Economic slowdown in China, the world's largest oil importer, is exerting further downward pressure on oil prices

25.11.2024 Oil

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

Oil prices up with geopolitical tension between Russia and Ukraine

- Demand concerns in China and global oil demand forecasts limit further price rises

18.11.2024 Oil

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Oil prices fall with demand concerns over China's insufficient stimulus plan

- Experts say China's latest stimulus plan falls short in meeting investor expectations, while market players question how new stimulus package will affect oil prices

12.11.2024 Oil

Oil prices see weekly fall amid data indicating a turndown in US economy

-Surge in US dollar ahead of elections following lower expectations for another Fed rate cut in December supported further price falls

01.11.2024 Oil

Oil prices drop with slower US economic growth, Middle East ceasefire negotiations

- Data indicating a decline in US commercial crude oil inventories limits further price drops by easing market players' demand concerns

31.10.2024 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

Oil down with China demand concerns amid scant incentive package

- Ongoing conflicts in Middle East continue to limit further price falls with fears of wider regional war which could disrupt oil supply routes

22.10.2024 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 sees weekly fall following demand concerns fueled by OPEC data

-Prices are on track for their largest weekly drop since September 2, falling by 5.9% for week ending Oct. 18

18.10.2024 Oil

Oil prices fall amid concerns about China's economy

- Data pointing to increase in demand in US and ongoing conflicts in Middle East limits price decline

17.10.2024 Oil

Oil prices fall on easing Middle East concerns

- Demand uncertainties in China, world's largest crude importer weigh on crude prices

16.10.2024 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

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