oil market
- Turkiye
Turkiye Plans to Turn Ceyhan into Regional Oil Trading Hub
Türkiye aims to develop the oil terminals at Ceyhan on its Mediterranean coast into a regional center for storing, trading…
Read More » - UAE
UAE Fuel Prices Expected to Drop in August as Oil Prices Ease Amid Geopolitical Risks
Lower crude oil prices point to another reduction in UAE fuel rates for August, but analysts warn geopolitical risks and…
Read More » - Turkiye
Turkiye set for major fuel price hikes on July 17 as oil prices spike
Turkish motorists are set to face another sharp increase in fuel costs on Friday, July 17, as renewed fighting between…
Read More » - UAE
Rising Oil Prices Raise Questions Over UAE Fuel Costs Amid Strait of Hormuz Tensions
Fresh tensions in Strait of Hormuz lifted oil prices, but will UAE motorists pay more? UAE motorists may have to…
Read More » - Turkiye
Turkiye Gasoline Prices Rise as Higher Refining Costs Outweigh Lower Crude Oil Prices
Gasoline prices are expected to rise by around ₺2.19 ($0.047) per liter overnight from Wednesday to Thursday, July 2, as…
Read More » - UAE
UAE petrol prices are lesser than rest of the world despite June increase
Crude prices have cooled sharply in recent days. So how much did UAE fuel prices rise? UAE motorists are paying…
Read More » - Turkiye
Turkiye’s Oil and Petroleum Imports Rise Nearly 8% in March Amid Higher Energy Demand
Türkiye’s total imports of oil and petroleum products rose 7.8 percent year-on-year in March to 4.12 million tons, according to…
Read More » - Turkiye
Turkiye Fuel Prices Set to Decline as Global Oil Costs Ease and Tax Buffer Limits Discounts
Fuel prices in Türkiye are expected to decline starting Friday, with only a limited reduction reflected in gasoline pump prices,…
Read More » - Business
Afreximbank to avail US$10 billion under its Gulf Crisis Response Programme (GCRP) to shield African and Caribbean Community (CARICOM) economies from the ongoing conflict.
Through GCRP, Afreximbank has already begun taking proactive steps through partnerships with banks and corporates to secure fuel, other energy…
Read More » - Business
Oil prices top $90 as Middle East supply fears persist
Strait of Hormuz disruption drives prices higher Brent futures prices topped $90 on Friday, reaching their highest level since April…
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