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Iraqi natural gas to reach Turkey by end of 2017

Genel Energy is due to begin transferring Iraqi natural gas to  Turkey by the end of 2017, and its volume thereafter will rise year on year, said Mehmet Sepil, president of Genel Energy. The Turkish Ministry of Energy and Natural Resources Taner Yildiz...

U.S. oil price hits 5-year low

The American benchmark for crude oil price has dipped below the $60 per barrel mark, its lowest point in five years, on Thursday.  West Texas Intermediate dropped to $59.88 per barrel at 1930GMT, its lowest point since July 2009. ...

Brent hits five-year low below $66 on oversupply worries

(Reuters) - Benchmark Brent crude slipped on Tuesday to its lowest in five years, dropping below $66 a barrel after plunging more than 4 percent the day before on worries of a swelling supply glut. Oil prices are likely to remain around $65 a barrel for the next six or...