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The U.S.-Israel strikes on Iran have surged oil prices, and costs for consumers at the pump are expected to rise. The price of global benchmark Brent Crude oil was at about $77 per barrel as of Monday afternoon, up from about $71 a week ago and about $66 per barrel a month ago. U.S. gasoline...
Oil on Monday put aside the impact of a higher-than-expected output hike of OPEC+ for August as well as concern about the potential impact of U.S. tariffs, with prices reversing ea...
A restart of oil exports from Iraq's Kurdistan Regional Government (KRG) region is not imminent, sources close to the matter said on Friday, despite the federal government say...
Top oil producers, members of OPEC+, which includes the Organization of the Petroleum Exporting Countries (OPEC) and allies such as Russia, have agreed to accelerate oil production...
Export credit agencies of the U.K., Export Finance (UKEF) and Poland’s KUKE, have jointly guaranteed a loan worth 249 million euros ($272 million) for Turkish renewable energy inve...
The European Commission presented on Tuesday a new road map, conveying officially plans to cease all imports of Russian gas to the European Union by the end of 2027 in an effort to...
Türkiye's first floating natural gas production platform, named Osman Gazi, passed through the Bosporus on Thursday on its way to the Port of Filyos on the Black Sea coast, wh...