Crude recovered some of the sharp losses suffered during the previous session as oil futures climbed over 2.0 percent on Thursday.
Oil prices rose on US President Donald Trump announced that the would meet Chinese President Xi Jinping at G20 summit as the global economic slowdonw concerns decline.
Crude prices traded sharply lower on Wednesday after a worse-than-expected report from the American Petroleum Institute (API), stating a substantial increase in the United States crude stockpiles.
Recent attacks on Saudi Arabian oil tankers and pipelines are set to increase the cost of insuring and securing crude shipments in the Persian Gulf region, added expenses that will likely lead to higher oil prices, Saudi Arabia cabinet said, The Wall Street Journal reported.
The Organization of the Petroleum Exporting Countries (OPEC) cut the forecast of global demand for its crude this year as rivals boost production, building a case to extend a supply-cutting deal with Russia and other allies beyond the first half of 2019.
French President Emmanuel Macron, responded to U.S.
Goldman Sachs analysts said in a note Tuesday that "another supply catalyst beyond Iran would likely be needed for prices to meaningfully break to the upside." According to the Goldman analysts, led by Damien Courvalin and Jeffrey Currie, production from other OPEC producers and Russia will offset losses out of Iran.
Goldman Sachs see Brent retesting 80 dollars late this year rather than summer, said in a Goldman Sachs piece on oil, the investment bank's expectations.
Star refinery will receive the first crude oil shipment for processing from Azerbaijan by the end of June 2018, Mesut Ilter, General Manager of the Refinery said.
TÜRKİYE Tarih TSİ Gösterge ------------------------------------------------------------------------------------------- 07/03 14:00 Merkez Bankası faiz kararı 07/03 10:00 İşgücü Maliyet Endeksi 08/03 10:00 Bitkisel Ürün Fiyatları ve Üretim Değeri - 2017 09/03 10:00 Finansal Yatırım Araçlarının Reel Getiri Oranları 09/03 10:00 Vergi Kimlik Numarası ve Mükellef Sayıları İstatistikleri 12/03 10:00 Ödemeler Dengesi İstatistikleri ====================================================== DÜNYA Tarih TSİ Gösterge ---------------------------------------------------------------------------------------------- ÇARŞAMBA 07/03 08:00 Japonya Öncü göstergeler CI 07/03 10:45 Fransa Ticaret dengesi 07/03 13:00 Euro Bölgesi Sabit sermaye yatırımları QoQ 07/03 13:00 Euro Bölgesi Kamu harcamaları QoQ 07/03 13:00 Euro Bölgesi Hanehalkı harcamaları QoQ 07/03 13:00 Euro Bölgesi GDP QoQ 07/03 13:00 Euro Bölgesi GDP YoY 07/03 15:00 ABD MBA Mortgage başvuruları 07/03 16:15 ABD ADP İşgücü değişimi 07/03 16:30 ABD Ticaret dengesi 07/03 18:30 ABD DOE U.S Ham petrol stokları 07/03 18:30 ABD DOE Cushing OK Ham petrol stokları 07/03 18:30 ABD DOE U.S Gasoline stokları 07/03 18:30 ABD DOE U.S Damıtılmış petrol stokları 07/03 18:30 ABD DOE U.S Rafineri kullanımı 07/03 18:30 ABD DOE Crude oil öngörülen talep 07/03 18:30 ABD DOE Gasoline öngörülen talep 07/03 18:30 ABD DOE Distillate öngörülen talep PERŞEMBE 08/03 02:50 Japonya Yabancı tahvil alımları 08/03 02:50 Japonya Yabancı hisse senedi alımları 08/03 02:50 Japonya Yabancıların Japon tahvil alımları 08/03 02:50 Japonya Yabancıların Japon hisse senetleri alımları 08/03 02:50 Japonya GDP QoQ 08/03 02:50 Japonya Yıllıklandırılmış GDP QoQ 08/03 02:50 Japonya Kişisel tüketim harcamaları QoQ 08/03 10:00 Almanya Fabrika siparişleri MoM 08/03 10:00 Almanya Fabrika siparişleri YoY 08/03 15:45 Euro Bölgesi ECB Gösterge faiz oranı 08/03 15:45 Euro Bölgesi ECB Marjinal faiz oranı 08/03 15:45 Euro Bölgesi ECB Mevduat faiz oranı 08/03 16:30 ABD Haftalık işsizlik başvuruları 08/03 16:30 ABD Devam eden başvurular 08/03 18:30 ABD EIA Doğalgaz stok değişimi CUMA 08/03 02:00 Çin Ticaret dengesi 08/03 02:00 Çin İthalat YoY 08/03 02:00 Çin İhracat YoY 09/03 02:30 Japonya Hanehalkı harcamaları YoY 09/03 04:30 Çin ÜFE YoY 09/03 04:30 Çin TÜFE YoY 09/03 10:00 Almanya Ticaret dengesi 09/03 10:00 Almanya İhracat MoM 09/03 10:00 Almanya İthalat MoM 09/03 10:00 Almanya Sanayi üretimi MoM 09/03 10:00 Almanya Sanayi üretimi YoY 09/03 10:45 Fransa Sanayi üretimi MoM 09/03 10:45 Fransa Sanayi üretimi YoY 09/03 10:45 Fransa İmalat üretimi MoM 09/03 10:45 Fransa İmalat üretimi YoY 09/03 12:30 İngiltere Ticaret dengesi 09/03 12:30 İngiltere Sanayi üretimi MoM 09/03 12:30 İngiltere Sanayi üretimi YoY 09/03 12:30 İngiltere İmalat üretimi MoM 09/03 12:30 İngiltere İmalat üretimi YoY 09/03 16:30 ABD Tarımdışı istihdam değişimi 09/03 16:30 ABD Özel sektör istihdam değişimi 09/03 16:30 ABD İmalat sektörü istihdam değişimi 09/03 16:30 ABD İşsizlik oranı 09/03 16:30 ABD Ortalama saatlik kazançlar MoM 09/03 16:30 ABD Ortalama saatlik kazançlar YoY 09/03 16:30 ABD İşgücüne katılım oranı 09/03 18:30 ABD Toptan satış stokları MoM
- Olivier Blanchard, Chief Economist at the International Monetary Fund (IMF) told the monthly publication of Turkey’s Borsa Istanbul Magazine
- The rising concerns regarding the Chinese economy hit oil markets, along with stock exchanges, as oil prices decline to
- The international deal over Iran’s nuclear program will boost Turkey’s energy sector as oil prices will drop and gas
- Russia’s Gazprom has said all commercial conditions for a contract with Turkey’s state-owned crude oil and natural gas pipeline
- Low crude oil prices hit global rig counts, reducing total oil and natural gaz wells by 28.9 percent on
- Oil prices continue to rise, on the data showing the drop in the number of US drilling wells for
- Low oil prices and low interest rates might support recovery after the crisis, but still, there were significant risks
- Lower oil prices would give the US economy a boost in the next two years, but would fail to
- Crude oil prices rose on Monday as thousands of refinery workers go on strike, and a falling US rig
- Fitch Ratings said, believed that the fall in oil prices to a 6-year low at less than 50 dollars
- Despite the dramatic fall in prices earlier this week, copper is unlikely to see the same extended decline as
- Brent crude oil rose over 50 dollars level on Friday, after the International Energy Agency (IEA) forecast, drawing attention
- Global oil prices fell below 50 dollars on Monday, due to high output, against falling demand fuelled by slower