30/06/2025 – The first heat wave of the season pushes consumption to maximum since the beginning of April – Read the other news

GAS & POWER: SOCAR has announced the finalization of the purchase of 10% of Israel’s Tamar production field, valued at approximately $1.25 billion. Discovered in 2009, one of the largest in the Mediterranean, production started in 2013, with an annual volume close to 10 billion cubic meters (planned expansion plans to reach 15 billion cubic meters in the next three years)

OIL: Crude oil prices are struggling to find a new direction, remaining in the $67/bbl area. According to new indiscretions the OPEC group, which will meet on July 5, should continue in the measures of easing production cuts, recovering another 400 thousand barrels day from next August 1st