Turkey expects its energy imports to fall significantly following a major Black Sea natural gas find and more discoveries could be made in another area now being evaluated, Energy Minister Fatih Donmez said Saturday. President Tayyip Erdogan announced the discovery of a 320 billion...

 Oil prices lost about 1% on Friday as the economic recovery worldwide runs into stumbling blocks due to renewed coronavirus lockdowns and on worries about rising crude supply. The euro zone’s economic recovery from its deepest downturn on record stalled this month as pent-up demand...

Turkish President Recep Tayyip Erdogan has announced the discovery of a large natural gas reserves off the Black Sea coast, days after he promised "good news" that would usher in a "new era" for the energy dependent country. Erdogan said Friday that the amount of gas discovered is 320...

Oil prices held steady on Friday and were on track for a third consecutive weekly gain, pulled higher by major oil producers’ efforts to hold back output amid concerns about the pace of economic recovery from the coronavirus pandemic. Brent crude LCOc1 futures were up 5 cents, or 0.1%, at...