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PetrolOilPrice.com

Oil Markets Price In an Iran Deal That Does Not Exist Yet

Oil prices tumbled Tuesday as traders once again priced in a U.S.-Iran agreement before anyone had actually signed one. West Texas Intermediate was trading at $75.64 per barrel shortly before 2 p.m. ET, down $4.70, or 5.85%, while Brent had fallen $4.61 to $79.16. Both benchmarks touched three-week

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PetrolFXStreet Haberler

Indonesia: Trade risks and structural support – UOB

UOB economists Enrico Tanuwidjaja and Vincentius Ming Shen assess Indonesia’s June 2026 trade data, highlighting that the trade deficit narrowed as stronger non-oil and gas exports partly offset rapid import growth.

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Indonesia: Trade risks and structural support – UOB
PetrolDünya Gazetesi

IMF'den Suriye ekonomisi için büyüme beklentisi

IMF, Suriye ekonomisinin tarım, enerji, ticaret ve hizmet sektörlerindeki iyileşmelerin yanı sıra geri dönen mülteciler ve artan ekonomik hareketlilikle toparlanma sürecine girdiğini açıkladı. Fon, ülke ekonomisinin 2026'da çift haneli büyümesinin beklendiğini ancak reform ve yapısal adımların sürdü

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IMF'den Suriye ekonomisi için büyüme beklentisi
PetrolOilPrice.com

ONGC Profit More Than Doubles as Oil Prices Surge

India’s Oil and Natural Gas Corporation more than doubled its quarterly profit as higher crude and natural gas prices—and a weaker rupee—more than made up for another drop in production. ONGC reported net income of 170.34 billion rupees, or about $1.8 billion, for the quarter ended June, beating the

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PetrolInvesting.com Emtialar
PetrolFXStreet Haberler

British Pound rebounds as soft JOLTS, Oil fall pressures the USD

The Pound Sterling recovers some ground against the US Dollar on Tuesday, up 0.14%, as US jobs data was softer than expected but confirmed the strength of the labour market, with layoffs being little changed. The GBP/USD trades at 1.3451 after rebounding at 1.3419.

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British Pound rebounds as soft JOLTS, Oil fall pressures the USD
PetrolDünya Gazetesi

Hürmüz umudu petrol fiyatlarını yüzde 4,5 geriletti

Petrol fiyatları, ABD ile İran arasındaki gerilimin düşürülmesine yönelik diplomatik çabaların sürmesi ve Hürmüz Boğazı'nın yeniden açılmasına yönelik anlaşma ihtimalinin güçlenmesiyle yüzde 4,5 geriledi.

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Hürmüz umudu petrol fiyatlarını yüzde 4,5 geriletti
PetrolOilPrice.com

India's HPCL Snaps Up Nigerian Crude To Dodge The Hormuz Bottleneck

Indian state-owned refiner Hindustan Petroleum Corporation Limited (HPCL) has bought 2 million barrels of crude from Nigeria, trading sources told Reuters on Tuesday, as India looks to offset the loss of supply from the Middle East with deliveries from producers farther away. HPCL has acquired Okwui

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PetrolOilPrice.com

BP Retreats Further From Green Energy With Archaea Sale

BP has announced that it will offload its US biogas business just days after confirming its exit from the North Sea, as the firm looks to shift its focus back to core oil and gas products. The London-listed oil giant has previously told investors it planned to market assets across its operating regi

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PetrolFXStreet Haberler

Canadian Dollar weakens as Oil prices slide on US-Iran deal hopes

USD/CAD reverses its earlier losses on Tuesday as falling Oil prices weigh on the commodity-linked Canadian Dollar (CAD) following comments from US Treasury Secretary Scott Bessent on US-Iran talks.

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Canadian Dollar weakens as Oil prices slide on US-Iran deal hopes
PetrolOilPrice.com

Pakistan Partners with Canadian Firm to Boost Domestic Heavy Crude Output

Pakistan's national Oil and Gas Development Company Limited (OGDC) has signed an agreement with a Canadian firm to deploy advanced technology to boost production from heavy crude oilfields, the largest Pakistani exploration and production firm has said. Under the agreement with Canada's Synergetic O

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PetrolFXStreet Haberler

US Treasury Secretary Bessent says Hormuz deal nears as Oil prices tumble

US Treasury Secretary Scott Bessent said in a CNBC interview on Tuesday that a deal with Iran to reopen the Strait of Hormuz could be reached as soon as Tuesday or Wednesday. He added that he expects Energy prices to "settle back down".

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US Treasury Secretary Bessent says Hormuz deal nears as Oil prices tumble
PetrolFXStreet Haberler

Natural gas: Tight market but less stressed – ING

ING’s commodities team points out that European gas prices fell, with TTF down modestly, as the market digests storage and demand trends.

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Natural gas: Tight market but less stressed – ING
PetrolOilPrice.com

India Expands Oil Storage Sites After Shock Supply Disruption

India’s state-owned Oil and Natural Gas Corporation (ONGC), the top explorer in the country, will build a new storage site at Mangaluru to hold about 13 million barrels of oil as the world’s third-largest crude oil importer looks to boost its resilience to supply shocks. In the wake of the Iran war

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