Oil
- Business
India :Domestic oil exports earnings up 60 percent to $86 billion in Apr-Jan 2023
From April 2022 to January 2023, the Netherlands ($8.9 billion) the UAE ($6.6 billion), and the US ($4.8 billion) were…
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Oil prices slightly rise as traders cash in on low prices
Fears of global economic recession, low demand dominate market after US bank failures, interest rate hike of European Central Bank…
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Turkish Airlines weighs in as relief efforts step up and supply chains recover
Turkiye’s manufacturing sector could take at least eight months to recover from the damage wrought by the earthquake at the…
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Ceyhan loadings of BTC pipeline oil could begin within two days
Turkiye’s Ceyhan port could resume loading oil from the Baku-Tbilisi-Ceyhan (BTC) pipeline in one or two days using “manual” procedures,…
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ExxonMobil reports record profits of $55.7 billion in 2022
ExxonMobil reported record annual profits of $55.7 billion in 2022 on Jan. 31, reflecting higher commodity prices amid recovering demand…
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Upward trend prevails in commodity market last week
Production cuts, increase in exports of commodity market products, fall in demand for US dollar are among main factors supporting…
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Commodity market sees tough week with difficulties in pricing
Last week, price of cotton up by 5.5%, copper by 2.9%, gold by 0.4% A fluctuating course was observed in…
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Baku-Tbilisi-Ceyhan pipeline delivers over 4B barrels of oil since 2006
Last year, pipeline delivered 224.4M barrels of Caspian Sea oil to world markets The Baku-Tbilisi-Ceyhan (BTC) oil pipeline, which passes…
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Oil up as China’s reopening lifts higher demand hopes
Cheaper dollar also helps upward movement of oil prices Oil prices rose on Monday over demand euphoria as Chinese decision…
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Oil down as global economic downturn leads to weak demand fears
China’s decision to increase export of refined oil products also fuels concerns of weaker demand in country Oil prices slumped…
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