Germany concerned over Iranian threat to block Strait of Hormuz
Germany on Monday expressed concern over Iranian threats to block the Strait of Hormuz, a vital trade route…
Oil rises on US inventory drop, geopolitical tensions, and Fed rate decision
Data showing a sharper-than-expected drop in US crude oil inventories, reports that the US administration is evaluating involvement…
Türkiye’s daily power consumption up 0.03% on June 13
– Electricity exports amount to 6,620 megawatt-hours and imports total 19,069 megawatt-hours
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Japan to propose cooperation on rare earth elements in US tariff talks: Report
– Tokyo seeks supply chain deal to ease China-driven shortages and accelerate tariff relief
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Türkiye’s daily power consumption down 2.3% on May 31
– Electricity exports amount to 6,590 megawatt-hours and imports total 13,657 megawatt-hours
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US oil rig count down by 4 for week ending May 30
– Number of US oil rigs fall by 35 compared to one year ago
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US crude oil inventories down by 0.6% for week ending May 23
US commercial crude oil inventories decreased by 0.6% during the week ending May 23, according to data released…
‘Azerbaijan, Türkiye, Pakistan always stood for sovereignty, territorial integrity, justice’: President Aliyev
Azerbaijani President Ilham Aliyev on Wednesday said that his country, as well as Türkiye and Pakistan, have stood…
Türkiye’s daily power consumption up 15.5% on May 26
– Electricity exports amount to 9,004 megawatt-hours and imports total 11,714 megawatt-hours
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Türkiye says power system strong amid European blackout
Citing recent power outages in Europe, Türkiye’s deputy energy and natural resources minister said that the country’s electricity…
OPEC+ members fast-track oil supply increase
Eight OPEC+ nations — Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman — will boost…
US crude oil inventories down 0.6% for week ending April 25
– Daily crude oil production rises to around 13.46 million barrels per day
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