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Oil prices up amid increasing concerns in Middle East

ANKARA Crude oil prices climbed on Wednesday following an explosion at Lebanon's main port feeding concerns about a regional turmoil and a large fall in...

US crude oil prod. in May posts record monthly decline

ANKARA  The US' crude oil production in May posted a record decrease on a monthly basis, the Energy Information Administration (EIA) said in a statement...

Beirut port, a major shipping point under rubble

BEIRUT  As Lebanon’s government looks for international and domestic solutions to face its current economic crisis, the tragic explosion of the Port of Beirut has...

Turk Eximbank, Denmark's Export Credit Agency ink deal

ANKARA  Turk Eximbank and Denmark's export credit agency EKF signed a reinsurance cooperation agreement, the Turkish trade minister said on Wednesday. "Turk Eximbank and EKF will...

Russia sends 5 humanitarian aid planes to Lebanon

MOSCOW  Russian Emergency Ministry announced on Wednesday it is sending five planes with humanitarian aid to Lebanon after Tuesday's massive explosion in the Port of...