Oil
- Business
Oil prices up following Fed’s green light on interest rate cuts
Oil prices increased on Friday driven by the US Federal Reserve’s (Fed) indication of potential interest rate cuts and the…
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Oil prices mixed amid Fed rate cut uncertainty, escalating geopolitical concerns
Oil prices were mixed in a volatile trading session on Wednesday with data indicating an increase in US crude oil…
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Oil prices down with demand concern in China, Middle East cease-fire talks
International benchmark Brent crude fell 0.4% to $79,34 per barrel at 10.31 a.m. local time (0731 GMT), down from the…
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In the refinery in Bilecik, 45 thousand tons of base oil are produced annually from waste oils
Bilecik’s refinery, located in the Osmaneli district, processes 60 thousand tons of waste mineral oil annually, resulting in 45 thousand…
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OPEC Expects Daily Increase of 2.2 Million Barrels in Global Oil Demand this Year
OPEC Secretary-General Haitham Al-Ghais stated that OPEC expects global oil demand to increase by 2.2 million barrels per day (bpd)…
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IEEFA: Long-term oversupply expected in global LNG markets
According to the Global LNG Outlook report by the International Energy Economics and Financial Analysis Institute (IEEFA), major LNG importing…
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TÜPRAŞ to invest 256 million dollars to reduce carbon emissions
TÜPRAŞ has announced its decision to invest 256 million dollars to reduce carbon emissions and produce high-value-added chemical products. In…
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Short-term “sharp fluctuations” are expected in oil prices due to the Iran-Israel tension
Iran’s response to Israel’s attack on the consulate building in Damascus on April 1, by launching hundreds of kamikaze drones,…
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FAO Global Food Price Index rose by 1.1 percent to 118.3 points
FAO announced the results of the Global Food Price Index for March, which monitors monthly changes in the prices of…
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Turkish hydrogen market will open new doors in exports
In the 13th session of the Istanbul Chamber of Industry’s (ISO) Green Agenda Talks initiated within the framework of its…
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