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Volatility expected amid Iran sanctions, Vopak CEO says

A shipping revolution and a U.S. plan to impose targeted crude sanctions against Iran is likely to prompt wild swings in the oil price over the coming months, Vopak’s chief executive told CNBC on Friday. Energy market participants are currently seen weighing bullish factors that include potential supply disruptions to …

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US and China agree to hold fresh trade talks

Market focus is largely attuned to Turkey’s ongoing currency crisis, with a dramatic fall against the dollar earlier this week sparking fears of contagion and a sell-off in emerging markets. However, the lira has since extended gains from its all-time record low, trading at 5.8330 at around 06:40 a.m. London …

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China announced new trade talks with the US

Bourses in Europe are expected to open higher Thursday morning following news that China has accepted an invitation from the United States to talk trade in late August. The FTSE 100 is seen up by 41 points at 7,522; the DAX 30 is expected to open 86 points higher at …

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Turkey crisis weighs on sentiment 

Shares in Europe are expected to start Wednesday’s trading a touch higher as concerns over the Turkish currency crisis continue to affect investors’ appetite. The FTSE 100 is seen opening up by 5 points at 7,628; the DAX 30 is expected to start higher by 11 points at 12,373; and …

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Company returns to second-quarter net profit

German engineering services giant Bilfinger reported a rise in second-quarter net profit on Tuesday, underpinned by an uptick in demand for oil and gas. Net profit over the second quarter came in at 12 million euros ($13.7 million), up from a loss of 7 million euros in the same period …

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