Nigeria has emerged as the second-largest importer of US jet fuel and has also started bringing in atypical US kerosene barrels, according to data released Tuesday by the US Energy Information Administration. Nigeria imported 864,000 ...
Tags: Jet Fuel, jet trader
In April this year, the capacity utilization rate in the Turkish basic metal manufacturing industry was 72.2 percent, down from 74.3 percent recorded in March, while the capacity utilization rate in the Turkish basic metal manufacturing ...
Yemen's crude oil exports in February fell to 800,000 barrels, from around 2 million barrels in January as repeated attacks on oil pipelines led to halts in crude production, official new agency Saba reported Saturday, quoting a report by ...
In the first three months this year, sales of passenger cars and commercial vehicles in Turkey declined by 24.46 percent year on year to 115,272 units, according to the statistics released by the Turkish Automotive Distributors Association ...
Tags: Passenger Car, Auto, Transportation, vehicles
The U.S. economy grew at a 2.6 percent annual rate in the October-December quarter, slightly more than previously estimated, as consumer spending rose at the fastest pace in three years. The fourth-quarter growth rate was a bit stronger ...
Tags: U.S.economy, BMO Capital Markets
With the pace of U.S. economic growth seen speeding up later this year and next, many business economists expect the Federal Reserve to end its bond purchases this fall or even earlier. The consensus of the 48 economists surveyed by the ...
Tags: U.S.economic, GDP, inflation
It's 3am on the first day of 2014. Shanghai's Hengshan Road, an area popular for restaurants and nightclubs, is lit up with what seems like hundreds of bright green taxi lights, inviting the rowdy New Year's crowd to hop in. But the drivers ...
Tags: Taxi Apps, Government Regulations, taxi
During the current harvest season, the Latin American country of Paraguay is expected to produce around 1,800 to 2,000 kg of cotton per hectare, despite the drought, owing to use of transgenic cotton (Bt cotton) seeds, as per the Paraguayan ...
Tags: cotton, harvest season, transgenic cotton
Starting Monday the value of the renminbi will be allowed to fluctuate 2% above or below a daily reference rate set by the People’s Bank of China. Widening the band, which had a 1% range in both directions since April 2012, was a ...
Tags: Yuan Trading Band, central bank
A week of talking about ambitious plans for the Chinese economy was followed by a weekend of reality as key economic data were released. Journalists in Beijing flocked around a beleaguered spokesman whilst analysts elsewhere were cursing ...
Tags: Chinese economy, export data
The front-month Brent-WTI spread settled at a fresh five-month low of $6.48/barrel Friday, as steady drawdowns in crude stocks at the Cushing, Oklahoma, delivery hub have lent upside support to WTI, while Brent remains subdued. NYMEX ...
Tags: crude, Brent futures
A streetwear clothing store in Bergenfield, N.J., will sell you a camouflage hoodie for about 0.10862 bitcoin. It's received bitcoins for online orders, but so far no one has walked into the Jeffersons storefront and asked to pay with it. ...
Tags: transactions, market niche, form of payment
Oil futures settled higher Monday on support from firm US equities, geopolitical tensions and an easing of Libyan oil output, but the upside was limited by weak Chinese and eurozone data. NYMEX April crude settled 62 cents higher at ...
Tags: Oil Futures, oil output
Offer prices in the Argentinian ferrous scrap market are up 50% in February compared with January levels, a reflection of the steep devaluation of its currency, sources said Wednesday. On January 23, the central bank of Argentina scaled ...
Tags: Ferrous Scrap, Mineral
Stronger-than-expected growth in China's foreign trade last month has surprised the market and prompted many analysts to look for further hints of underlying economic strength. China's foreign trade volume climbed 10.3 percent year on ...
Tags: China's Trade, trade surplus