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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 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

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

home > related news

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

US energy agency revises up Brent oil price forecast for 2024

- International benchmark Brent crude now estimated to average $79.54 per barrel in 2023 and $83.51 per barrel in 2024

07.06.2023 Oil

US crude oil inventories up 1.1% for week ending May 12

- Inventories rise by around 5 million to 467.6 million barrels, higher than American Petroleum Institute's expectation of 3.7 million-barrel increase

18.05.2023 Oil Americas

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