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Oil prices set for weekly fall as IEA report eases supply concerns

- International Energy Agency forecasts potential increase in global oversupply this year, supporting downward movement of prices

15.11.2024 Oil

Oil prices down as supply fears ease

- Reports from IEA and EIA highlight rising global oil production and possibility of oversupply, alleviating market concerns

15.11.2024 Oil

US energy agency increases crude oil price forecasts for 2024, 2025

- EIA estimates international benchmark Brent crude to average $80.95 per barrel in 2024 and $77 in 2025

14.11.2024 Oil

Global oil production up by 0.3% in October, IEA reports

- Agency forecasts global oil demand to reach 102.8 million bpd in 2024, 103.8 million bpd in 2025

14.11.2024 Oil

Oil fall ahead of Powell's Economic Outlook Speech

- Oil prices down ahead of Powell's speech, with inflation concerns offset by a drop in US crude stocks

14.11.2024 Oil

Russian president, Saudi crown prince discuss Palestinian-Israeli conflict, situation with oil markets

- Vladimir Putin, Mohammed Bin Salman mark position on possible Palestinians, Israeli settlement

14.11.2024 General

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

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 fall as Beijing's latest stimulus disappoints investors

- Supply concerns ease as threat of disruption from Hurricane Rafael in US Gulf of Mexico subsides

11.11.2024 Oil

Türkiye denies claims of oil shipments to Israel

- 'Companies transporting oil through BTC pipeline for export to global markets...have respected Türkiye's recent decision not to engage in trade with Israel,' says country's Ministry of Energy

11.11.2024 Oil

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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

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

Oil down with low US demand, investors expect US Fed rate cut

- Prospect of increased economic activity in both US and China support upward price movements

07.11.2024 Oil

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

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

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

US oil rig count remains unchanged for week ending Nov. 1

- Number of US oil rigs fall by 33 compared to one year ago

02.11.2024 Oil

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

US set to triple nuclear power goal by 2050

Farmers should not foot bill for climate change or green transition: Hungarian premier

In a first, Japan retrieves tiny amount of melted fuel from crippled Fukushima nuclear plant

Nuclear reactor in Japan shuts days after restart since 2011

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

Spot market electricity prices for Monday, Nov. 11

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

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

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

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

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

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

Türkiye’s wind energy industry has potential to reach $8B in 2035

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

Wind, solar overtake EU fossil fuels in 1H24, Ember reports

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

Energy giants pledge $500 million to tackle climate change

COP29 pushes for $1 trillion in climate financing for developing nations

European bank reveals Türkiye investment strategy for next 5 years

Turkish energy min. highlights importance of cooperation for renewable energy finance

World faces critical need of $2T in annual climate financing

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

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 daily power consumption down 1.8% on April 26

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