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Oil prices extend 4-week decline, fall below $75 amid post-Trump policies

- This week Brent crude ends 0.2% lower at $74.40, marking its lowest point since December 2024

15.02.2025 Oil

OPEC daily crude output up 0.1% in December 2024

- Global oil demand growth forecast for 2025 remains unchanged at 1.45 million barrels per day

15.01.2025 Oil

Biden concludes Angola visit with focus on railway corridor, regional unity

- African leaders join US president in endorsing transformative railway project that challenges Chinese influence in Africa

05.12.2024 General

Brent crude oil rebounds after four-week decline

- Brent crude recovers 2.7% this week after hitting $74.93 per barrel, lowest since January 3rd

10.08.2024 Oil

Oil giants' profits down 18.5% in 1Q24 to $66 billion

- To assess company’s earnings and profitability margins, one has to look at performance of international oil companies from a broader perspective, Fereydoun Barkeshli, president of Vienna Energy Research Group says

12.06.2024 Oil

Oil prices continue to decline following cease-fire talks in Middle East

- Brent oil price drops almost 3% on May 1, closing at lowest level of previous seven weeks

14.05.2024 Oil

OPEC crude output declines in January

- OPEC report shows fall in global liquids production in January by 600,000 barrels per day to average 101.8 million barrels per day

13.02.2024 Oil

OPEC crude output rises in December

- OPEC report shows fall in global liquids production by 400,000 barrels per day to average 100.9 million barrels per day in December

17.01.2024 Oil Finance International Organization

OPEC reaffirms commitment to unity with OPEC+ countries amid Angola's exit

Following Angola's announcement to exit OPEC, group reaffirms "commitment to shared objectives of unity and cohesion"

04.01.2024 Oil International Organization

Angola announces exit from OPEC amid oil production quota dispute

Angola, member of OPEC since 2007, produces over 1.1 million barrels per day of crude oil

21.12.2023 Oil

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OPEC's oil supply drops by 57,000 barrels per day in November

- Global oil production, meanwhile, increases by 400,000 barrels per day to reach 101.7 million barrels per day, of which OPEC holds 27.6% share

13.12.2023 Oil Finance International Organization

OPEC's oil supply rises by 80,000 barrels per day in October

- Global oil production, however, remains largely unchanged at 100.6 million barrels per day, of which OPEC holds 27.6% share

13.11.2023 Oil World

OPEC+ output cut may push Brent oil price to $110 per barrel: experts

- Oil majors' recent output decision aims to keep prices at around $80 a barrel, says Kpler’s Matt Stanley

04.04.2023 Oil International Relations International Organization World

OPEC decisions are flexible, in line with market realities: Saudi min.

- Saudi Arabian energy minister’s remarks come at Saudi Media Forum in capital city Riyadh

20.02.2023 Oil International Organization World

OPEC revises up world oil demand growth for 2023

- Total oil demand is projected to average 101.87 million barrels per day in 2023

14.02.2023 Oil World

OPEC keeps world oil demand growth unchanged for 2023

- Total oil demand is projected to average 101.8 million barrels per day in 2023

13.12.2022 Oil World

OPEC+ producers ratify production increase for September

- Group to increase output by 100,000 barrels next month

03.08.2022 Oil International Organization World

OPEC ends reliance on International Energy Agency data

- Wood Mackenzie and Rystad Energy will be used as secondary sources with immediate effect

31.03.2022 Oil International Relations International Organization World

OPEC+ confirms to continue previously-agreed output plan

- Next meeting of OPEC and non-OPEC members is scheduled for May 5

31.03.2022 Oil International Organization World

OPEC+ keeps production unchanged for March

- Next meeting of OPEC and non-OPEC members is scheduled for March 2

02.02.2022 Oil International Organization 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