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IEA: Global oil output up by 240,000 barrels per day in February

- Global oil demand in 2025 is forecast to rise by around 1 million bpd, slightly lower than previous estimate

12:58 Oil

Oil prices drop amid US tariffs and Ukraine ceasefire talks

- Trump's steel and aluminum tariffs and rising trade war fears aid the fall in oil prices

11:19 Oil

OPEC daily crude output up 0.6% in February

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

08:49 Oil Finance

Oil prices fall as recession fears and shifting Fed expectations dampen optimism

- Crude tumbles as weak US economic signals and improved supply outlook ease disruption fears

12.03.2025 Oil

US energy agency revises down Brent price forecast for 2025

- International benchmark Brent crude estimated to average $74.22 per barrel

12.03.2025 Oil

Oil prices edge higher despite demand fears fueled by tariffs

- Concerns over demand and supply balance deepening

11.03.2025 Oil

Oil prices fall amid weak Chinese inflation data and uncertainty over US tariffs

- OPEC+ plan to increase production and US' 'maximum pressure' policy against Iran amplify uncertainty surrounding supply

10.03.2025 Oil

Türkiye's daily oil production hits 132,000 barrels, energy minister says

- While drilling activities are underway at wells where natural gas has been detected using drilling and seismic survey vessels, exploration is intensifying at other potential sites

08.03.2025 Oil Energy Diplomacy

US oil rig count remains unchanged for week ending March 7

- Number of US oil rigs down by 18 compared to one year ago

08.03.2025 Oil

Oil prices decline weekly amid trade war fears and OPEC+ production plans

- Oil prices fell weekly on trade war fears, OPEC+ plans, and rising inventories, despite brief support from US policies

07.03.2025 Oil

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Daily oil production in Gabar reaches 78,000 barrels, Türkiye's energy minister says

- Over 3,000 jobs and 78,000 barrels of daily oil production represent a major step in Türkiye's journey toward energy independence

07.03.2025 Oil Finance

US sanctions on Russia and Iran drive oil prices up amid trade policy uncertainty

- Tightened US sanctions on Russia and Iran fuel oil price concerns, while trade policy shifts add uncertainty to global markets

07.03.2025 Oil

Iraq moves closer to resuming oil exports through Türkiye's Ceyhan Port

- Initial stage of exports through Ceyhan is set to be 185,000 barrels per day, with plans to gradually increase this volume until it reaches capacity outlined in federal budget

06.03.2025 Oil Energy Diplomacy