Petrol

Angola's state-owned oil firm Sonangol and its partner in an exploration block offshore Angola, ANPG, successfully drilled an appraisal well that showed good reservoir potential for both oil and gas production. Sonangol and ANGP announced on Thursday the successful completion of the drilling and tes

BNY’s Geoff Yu notes Oil prices have stabilized near $80 as markets digest Iran’s proposed shipping route with Oman through the Strait of Hormuz. The temporary arrangement has reduced perceived disruption risk for Brent and WTI, helped by larger U.S. inventories.

ING’s FX Strategist Francesco Pesole notes Sweden’s core CPIF excluding energy rose to 0.6% in July, giving the Swedish Krona (SEK) a modest boost, while headline inflation slowed as expected.

India’s state-run refiners continue their buying spree of crude from West Africa as the Middle East crisis has sapped supply and made deliveries uncertain. In one of the latest purchases via a tender, India’s state-owned refiner Hindustan Petroleum Corporation Limited (HPCL) has acquired 2 million b

OCBC’s Christopher Wong and Sim Moh Siong highlight that the Reserve Bank of India's (RBI) decision to hold the repo rate at 5.25% while lowering inflation forecasts and nudging growth higher, alongside strong capital inflows, has put India’s balance of payments on track for a healthy surplus.

Nigeria expects to attract investments worth between $30 billion and $50 billion from 22 offshore oil and gas projects over the nest five years, the country’s Upstream Petroleum Regulatory Commission has said. “Beyond increasing production, these investments will create jobs, expand infrastructure,

Europe faces spiking natural gas prices this winter amid the lowest gas storage levels in more than a decade and tightening LNG markets amid the Middle East crisis. EU storage sites were only 57% full as of August 5, data from Gas Infrastructure Europe shows. That’s the lowest level for this time of

Enerji ve Tabii Kaynaklar Bakanı Alparslan Bayraktar, Şırnak'taki Gabar sahasında günlük petrol üretiminin 83 bin 300 varile ulaşarak yeni rekor seviyeye çıktığını açıkladı.

The United Arab Emirates has managed to boost its oil exports to pre-crisis levels as early as June, as it has kept pushing crude through the Strait of Hormuz and outside it. The UAE, which left OPEC on May 1, has found workarounds to the blockage at the Strait of Hormuz. It has been shuttling crude

Nomura strategists highlight that Swedish CPIF ex-energy inflation surprised to the upside in July even as headline CPIF slowed, largely due to government fuel duty cuts and public transport subsidies.

China’s Sinopec, the world’s top refiner by capacity, has boosted purchases of Russia’s Far East crude for delivery in the third quarter as it looks to secure cargo arrivals amid continued shipping constraints in the Middle East. State-run Sinopec has acquired as many as 30-40 shipments, or 241,000

USD/CAD loses ground for the second successive day, trading around 1.4010 during the European hours on Thursday.

ING strategists Warren Patterson and Ewa Manthey note Oil prices remain under pressure, with ICE Brent trading below $80/bbl as markets focus on a potential US-Iran deal to reopen flows through the Strait of Hormuz.

Brent petrol fiyatlarındaki düşüşün ardından benzinde litre başına 4,35 TL indirim bekleniyor. Ancak indirimin ÖTV'ye mahsup edilmesi ihtimali nedeniyle pompa fiyatlarında değişiklik olup olmayacağına ilişkin son kararı yetkili makamlar verecek.

The Euro (EUR) remains practically flat against the US Dollar (USD) at the European session opening times on Thursday, with the EUR/USD pair holding gains at the 1.1550 area after rallying about 1.6% from last week's lows.

Hürmüz Boğazı ile Babülmendep’te gemi trafiği aynı gün sert biçimde çöktü. Normalde Hürmüz’den 130–140 gemi geçerken sayı 2’ye, Babülmendep’te ise 20’den 1’e indi. Tanker saldırısı iddiaları enerji ve navlun riskini büyüttü.

West Texas Intermediate (WTI), futures on NYMEX, trades 0.45% lower to near $74 during the early European trading session on Thursday, closer to its three-week low of $73.51 posted the previous day.