The Standard & Poor’s 500 index closed lower on Friday after a volatile session as investors took into account increased cases of Covid-19 and Apple’s announcement to close new stores,…
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June futures for WTI American oil are rapidly losing value, on Tuesday the price at the auction reached $ 6.55 per barrel, the price of Brent fell to $ 17.52…
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Hülya Karahan: Production Editor istanbulpostcomtr@gmail.com The price of Brent crude oil fell below $ 28 per barrel for the first time since January 2016. The price of May futures for…
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Hülya Karahan: Production Editor istanbulpostcomtr@gmail The three-year OPEC + production reduction agreement led by the Organization of Petroleum Exporting Countries (OPEC) led by Saudi Arabia and Russia and other…
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Analysts and traders explaining the abnormal growth in Chinese oil imports from Malaysia say the oil is either derived from ship-to-ship shipments from Venezuela or blended with Venezuelan crude. While…
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Hülya Karahan: Production Editor istanbulpostcomtr@gmail.com In the wake of the US act of the killing of the powerful Iranian general Qassim Suleimani affected global markets on Friday faced a sharp…
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US President Donald Trump has said he wants US troops in Syria to return home, saying his country has secured oil fields in northeastern Syria. Trump: We want the countries…
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SNC-Lavalin announced Monday that it has secured a $ 52 million contract from Al Yasat Petroleum Joint Venture formed by Abu Dhabi National Oil Company and China National Petroleum Corporation…
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China’s imports, the world’s largest crude oil importer, rose 43 percent last month, returning Saudi Arabia to the world’s second largest crude oil supplier driven by rising demand from new…
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The Saudi foreign minister welcomed the US decision to compel its allies to stop importing oil from Iran. “Saudi Arabia fully supports the move,” he said, “because it is necessary…
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Russian Energy Minister Alexander Novak told reporters in Moscow today that his country is cutting oil production in line with the global production agreement between OPEC and its allies. The…
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From November, İndia will start buying oil from Iran in rupees rather than in euros. India will settle Iranian oil payments with local rupee beginning in November, as US sanctions…
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