Oil rises on US reserve plan
Daily NewsOil rose as the U.S. began searching for crude to fill its strategic reserves, but concerns about China’s economic recovery are growing. U.S. crude closed 1.5% hi...
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Oil rose as the U.S. began searching for crude to fill its strategic reserves, but concerns about China’s economic recovery are growing. U.S. crude closed 1.5% hi...
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China’s industrial production accelerated to its highest level since September 2022 in April, but fell short of expectations. Industrial production in April rose ...
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Asia-Pacific markets were mixed as investors weighed key economic data from China, which missed estimates despite market expectations of a broader recovery. Retai...
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The US administration announced that it will purchase up to 3 million barrels of crude oil for its strategic petroleum reserve to be delivered in August. The US, ...
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US Treasury Secretary Janet Yellen reiterated her warning that the US could face a cash crunch by June 1 if the debt limit impasse is not resolved. US Treasury Se...
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The Fed has published the May 2023 issue of its Supervision and Regulation Report. The Fed noted in the report that recent bank failures revealed that the distrib...
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In a statement made by the United Nations, it was stated that Turkey was thanked for the efforts it made for the Black Sea Grain Initiative and that the food prod...
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The Central Bank of the Republic of Turkey has announced that it has changed the implementation instructions regarding securities facilities and decided that cash...
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Oil prices fell for a fourth day as concerns about the U.S. economy and China’s slower-than-expected recovery weighed on the outlook. U.S. crude fell below $70 a ...
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Asian stock markets were mixed after worries about the U.S. debt ceiling and two of the three major U.S. indexes posted second straight losses. Asia-Pacific marke...
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The People's Bank of China has kept the benchmark medium-term credit facility (MLF) interest rate unchanged. The People's Bank of China has kept the interest rate...
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SoftBank reported a loss of $7.2 billion in fiscal 2022. Thus, the company reported a loss for the second year in a row, and its loss decreased by 43 percent comp...
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According to data by Anadolu Agency in the presidential and general parliamentary elections, after 96 percent of the ballot boxes were opened, the candidate of th...
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U.S. President Joe Biden said talks on the debt limit were continuing but had not yet reached a critical point. U.S. President Joe Biden said talks with Congress ...
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The operational vehicle rental sector made an investment of 10 billion 400 million TL in the first quarter of 2023, adding 13,500 vehicles to its fleet. While the...
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Real Madrid has lost a €400m legal dispute with Abu Dhabi fund Mubadala over a sponsorship. Spanish football team Real Madrid has lost a €400m court case with Abu...
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US President Joe Biden has issued a circular stating that there are sufficient supplies of oil and petroleum products in other countries to reduce purchases of Ir...
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Nissan Motor's net profit for fiscal 2022 increased by 3 percent from the previous year to 221.9 billion yen, approximately $1.65 billion. The manufacturer's stat...
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SoftBank Group shares fell after its Vision Fund investment arm lost 5.28 trillion yen for the full year. SoftBank Group shares fell after its Vision Fund investm...
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Bank of England Governor Andrew Bailey said he hopes interest rates in the U.K. are now near their peak and that the pace of rate hikes could end as inflation wea...
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Asian markets were mixed as U.S. inflation showed signs of easing further. Asia-Pacific markets were mixed after the U.S. released more data showing inflation was...
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