79.2 F
Ankara
Thursday, July 7, 2022

BP pulls out of Iraq's Kirkuk oilfield

ANKARA/KIRKUK British energy giant BP has withdrawn from Iraq's Kirkuk oilfield following discouraging results and the Iraqi oil ministry's decision not to renew the company's field study contract, according to...

US crude oil stocks decline for week ending Jan. 17

ANKARA  The U.S.' crude oil inventories decreased last week, according to data released by the Energy Information Administration (EIA) on Thursday. Commercial crude oil inventories declined by 0.4 million barrels, or...

EU commercial vehicle market improves in 2019

ISTANBUL The EU commercial vehicles market rose 2.5% year-on-year in 2019, posting a growth for the seventh consecutive year, an industry group said on Thursday. The number of new commercial vehicle...

Energy Info Admin. forecasts fall in oil prices in 1H20

ANKARA Crude oil prices are forecast to decline during the first half of 2020 but later increase through 2021, the U.S.' Energy Information Administration (EIA) said in a statement on...

China injects $36B into financial system

Financial infusion into market to ensure liquidity in banking system on eve of country’s spring festival

Oil prices up 3% with tensions in Middle East

ANKARA  Crude oil prices were up by around 3% during Friday's trading start as rising tensions in the Middle East threaten secure crude supply from the region. International benchmark Brent crude...

Oil prices start 2020 higher as market awaits OPEC cuts

ANKARA Crude oil prices opened with gains during the new year's trading on Thursday as the global oil market awaits the impact of additional production cuts by members of OPEC...

Turkish Airlines expanding fleet, opening 4 new routes in 2020

ANKARA Turkish Airlines will open four new routes in 2020 as it expands and updates its fleet, according to the chairman of Turkey's flag carrier. "We finished all procedures to launch...

Turkish Airlines, Boeing reach compensation deal

ANKARA  Turkish Airlines and U.S. aircraft maker Boeing have agreed on compensation for losses from grounded and undelivered aircraft, Turkey's flag carrier announced in a statement on Tuesday. "Boeing will cover...

Turkey: Banking sector net profit at $8.1B in Jan-Nov

ISTANBUL The Turkish banking sector's net profits this January-November totaled 46.6 billion Turkish liras ($8.1 billion), the country's banking watchdog said Monday. The figure fell 8% year-on-year in the first 11...

Latest article

Turkish president, UN chief discuss ways to end crisis caused by Russia-Ukraine war

ANKARA The Turkish president and UN secretary-general on Monday spoke over phone and discussed initiatives aimed at resolving the ongoing crisis caused by the Russia-Ukraine...

Anadolu Agency's Morning Briefing – June 21, 2022

Your opinions matter to us ...

Russia becomes China’s largest oil supplier

ANKARA Russia has surpassed Saudi Arabia to become China's largest oil supplier, as refiners bought up Russian crude oil offered at a huge discount...

EU, Egypt agree on partnership priorities until 2027

BRUSSELS The EU and Egypt have agreed on the partnership priorities guiding their relationship until 2027. The Association Council of the European Union and Egypt...

Syria's Tal Rifat surrounded with tunnels by YPG/PKK terrorists

TAL RIFAT, Syria / ANKARA The YPG/PKK terror group is using a sophisticated network of tunnels in the Tal Rifat district in northern Syria to...