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A service for global professionals · Wednesday, April 14, 2021 · 538,570,307 Articles · 3+ Million Readers
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Turkey OPEC Newswire

  • Published on Apr 2, 2021

    OPEC+ agrees to gradually ease output from May to July

    ANKARA. KAZINFORM The world's major oil producers on Thursday agreed on the much-expected production policy by approving an incremental increase of up 350,000 barrels per day (bpd) in May and June and 400,000 bpd in July. The 23-members of the …

    Source: Kazinform - Pro-Government
  • Published on Mar 29, 2021

    Asia Wrap: Markets Resilient But Did Full Moon Fever Hit Oil Markets?

    The reopening of Suez will give us an idea of how much this factor was pushing supply-driven inflation expectations higher. US 10-year breakevens are about 40bp higher year to date, the highest since April 2014. Beyond the Suez factor, supply chains remain …

    Source: Investing.com - Neutral
  • Published on Mar 25, 2021

    Midweek Macro: Reopening Angst, Lower Oil Prices Boosting EM Currencies

    Midweek Macro Overview: it's all about reopening angst and lower oil prices are providing a powerful headwind for EM currencies Lower oil prices are providing a more powerful headwind for EM currencies than the fallout of the replacement of Turkey’s …

    Source: Investing.com - Neutral
  • Published on Mar 25, 2021

    Trading strategies for gold and crude oil by Tradebulls Securities

    The market sentiment is shifting towards equities and the credibility issue of Turkey has been the primary reason for the gold to move lower on Tuesday. Despite the US dollar trading down and the US 10-year yields declining from the highs, gold still …

    Source: Business Standard - Neutral
  • Published on Mar 24, 2021

    Renewed lockdowns send oil prices tumbling

    Oil prices nosedived Tuesday on lower demand prospects as Europe's biggest economy Germany said it would reimpose strict coronavirus containment measures as it struggles, along with other EU nations, to roll out vaccines. European stocks ended the day …

    Source: International Business Times - Neutral
  • Published on Mar 19, 2021

    Oil: why higher prices will complicate the energy transition

    The oil price is on a rollercoaster. Having crashed into negative territory just last April, the price of Brent crude climbed all the way to US$70 (Pound 50) earlier in March. It has since slid below US$64. So where is it heading and what are the …

    Source: Big News Network - Neutral
  • Published on Mar 16, 2021

    Is An Oil Shortage In The Works?

    Crude oil prices are rising on surging Chinese oil demand, increasing geopolitical risk factors, boasts from Iran that they have built a “missile city” and Reuters reports of missiles and rockets hitting fuel tankers in northern Syria near the Turkish …

    Source: Investing.com - Neutral
  • Published on Feb 27, 2021

    With Khashoggi Case, Biden’s Weak Response Can’t Be About Saudi Oil

    Jamal Khashoggi, a U.S. resident and Saudi journalist who contributed to the Washington Post, was ... [+] murdered in Turkey in 2018. AFP via Getty Images One day after President Biden, in his first military action, bombed Syria over its attacks that had …

    Source: Forbes - Neutral
  • Published on Mar 30, 2021

    Global Investors Shake Off Worries Of Hedge Fund Default

    Global investors were quick to shake off worries about a hedge fund default that roiled global banking stocks overnight, while rekindled concerns about inflation pushed bond yields higher. European equities are set up to again be defensive early although …

    Source: Investing.com - Neutral
  • Published on Mar 29, 2021

    Week Ahead: Has The U.S. Economic Boom Been Mostly Priced In?

    Vaccine rollout success in the US has Wall Street quickly pricing in rapid growth during the recovery stage. The trend in daily new cases is rising in the US but the successful vaccine rollout will make any sharp accelerations short-lived. The Biden …

    Source: Investing.com - Neutral
  • Published on Jan 19, 2021

    SOCAR increases gas, decreases oil production in 2020

    19 January 2021 11:00 (UTC+04:00) 540 By Ayya Lmahamad Azerbaijan’s State Oil Company (SOCAR) produced 7.4 million tons of oil and 7.3 billion cubic meters of gas in the fields in 2020, the company has reported. As part of the OPEC+ agreement, the company …

    Source: AzerNews - Pro-Government
  • Published on Mar 26, 2021

    Week Ahead: Has the US economic boom been mostly priced in?

    Vaccine rollout success in the US has Wall Street quickly pricing in rapid growth during the recovery stage.  The trend in daily new cases is rising in the US but the successful vaccine rollout will make any sharp accelerations short-lived.  The Biden …

    Source: OANDA Market Pulse - Neutral
  • Published on Jan 5, 2021

    OPEC Core’s Exports Edged Higher Before Talks on Output Targets

    (Bloomberg) -- OPEC’s Persian Gulf exporters shipped more oil last month than at any time since May, when their current round of output restraint came into effect. The move came before a slight easing of output curbs in January and talks to decide whether …

    Source: Investing.com - Neutral
  • Published on Mar 23, 2021

    U.S. Stocks Shrugged Off The Apparent Risk-Off Tone From Fixed Income

    Fixed income is noticeably stronger, with Treasuries recovering all of the losses related to the Fed's SLR decision on Friday afternoon. And why not? Stock's should see a bounce when US stimulus cheques arrive, delayed tax refunds finally paid, and …

    Source: Investing.com - Neutral
  • Published on Dec 8, 2020

    Finding A Way Around The World's Largest Oil Chokepoint

    Oil is sometimes referred to as ‘black gold’. The discovery and export of fossil fuels have led to tremendous wealth creation for certain countries. In this sense, no region in the world is more blessed than the Middle East. Especially the countries …

    Source: Investing.com - Neutral
  • Published on Mar 17, 2021

    Fed Decision, Brazil Rate Hike, Samsung Chip Warning - What's up in Markets

    By Geoffrey Smith Investing.com -- The Federal Reserve won't change interest rates or the rate of bond purchases, but will issue new guidance and growth forecasts when its two-day meeting ends later. It will also say whether it intends to end or extend …

    Source: Investing.com - Neutral
  • Published on Jul 8, 2020

    Iraq’s Balancing Act Amid OPEC+ Oil Cuts And Slow Demand

    FILE -- In this Jan. 12, 2017 file photo, an Iraqi worker operates valves in Nihran Bin Omar field ... [+] north of Basra, 340 miles (550 kilometers) southeast of Baghdad, Iraq. Addressing an energy conference in Baghdad, Iraq's oil minister said …

    Source: Forbes - Neutral
  • Published on Nov 9, 2020

    Saudi minister says ‘tweak’ of OPEC+ cuts deal possible

    The OPEC+ deal on output cuts could be tweaked Saudi Arabia's energy minister said Monday that the OPEC+ deal on oil output cuts could be tweaked if there is consensus within the expanded group of crude-producing nations. In August, ministers of OPEC …

    Source: News (South Africa) - Uncategorized
  • Published on Nov 2, 2020

    Why Is Russian Oil So Expensive?

    The prospect of a 2nd coronavirus wave and consequent demand slump is putting substantial downward pressure on crudes in Europe. Differentials are weakening as most refineries run their distillation units at least 15-20% lower than the nominal capacity and …

    Source: Investing.com - Neutral
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