OPEC
- Business
$50 million credit opportunity for agriculture and food production sectors from TKYB
The credit, provided by the Treasury and Ministry of Finance and the Turkey Development and Investment Bank (TKYB), in collaboration…
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Commodities Market Caught in Fed’s Tightening Grip in February
Last month witnessed a decline in commodity prices due to the deferral of expectations for interest rate cuts by the…
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Global oil supply increased by 270 thousand barrels per day in September
Global oil production increased by 270 thousand barrels per day in September compared to the previous month, reaching 101 million…
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Oil up as investors await OPEC production decision
Rebounding Chinese industrial activity also bolsters prices Oil prices increased on Monday over supply worries ahead of a highly anticipated…
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Oil sector requires $12.1 trillion investment up to 2045: OPEC chief
Haitham Al Ghais affirms 23% increase in primary energy demand up to 2045, raising need for all forms of energy…
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Saudi Arabia will continue to cut additional oil production in August
Saudi Arabia has decided to continue the additional production cut of 1 million barrels per day in oil in August.…
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Baghdad ordered to compensate Turkiye for crude exports from northern Iraq
Despite instability, Turkiye has spent billions to keep Iraq-Turkiye Oil Pipeline System operational since 1973, says Turkiye’s Energy Ministry The…
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OPEC revises down world oil demand growth for 2022 and 2023
Total oil demand is projected to average 99.6 million barrels per day in 2022 and 101.8 million barrels per day…
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