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July 30, 2024

Spot market electricity prices for Wednesday, July 31

The highest electricity price rate for one megawatt-hour on Trkiye’s day-ahead spot market for Wednesday will be 3,000 Turkish liras between 7 p.m. and 9 p.m. (1600 – 1800 GMT), according to official figures on Tuesday.

The lowest rate was set at 1,4…

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Trkiye’s gas imports down 22% in May 2024

Trkiye’s natural gas imports decreased by 22% in May 2024 compared to the same month in 2023, according to data from Trkiye’s energy watchdog on Tuesday.

Natural gas imports in May decreased to around 2.88 billion cubic meters (bcm) from approximatel…

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Trkiye’s LPG production down 11.7% in May 2024

Trkiye’s liquefied petroleum gas (LPG) production decreased by 11.7% to 65,629 tons in May 2024 compared to the same month in 2023, according to the Turkish Energy Market Regulatory Authority’s (EMRA) latest report on Tuesday.

EMRA’s LPG market repor…

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Oil prices down on China demand concerns

Oil prices decreased on Tuesday due to demand concerns in China, the world’s largest oil importer, while worry over supply eased in the Middle East.

International benchmark Brent crude traded at $78.79 per barrel at 10.42 a.m. local time (0742 GMT), …

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