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Patrick Sykes

Istanbul

Middle East Breaking News Editor at Bloomberg News

Turkey and Middle East news at Bloomberg. Energy, finance, economy and politics. Views mine, RT ≠ endorsement. All views mine. [email protected]

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Articles

  • 2 weeks ago | bloomberg.com | Patrick Sykes

    The Borsa Istanbul exchange. (Bloomberg) -- A new wave of Turkish gold bugs is driving a widening gap between the price of the physical metal — a long-time investing favorite in the country — and newer digital instruments that track it. Gold certificates traded on the Borsa Istanbul exchange should in theory follow the price of the 0.01 grams of physical bullion they represent, but rose to a record 21% premium this week, according to local brokerage Gedik Yatirim AS.

  • 3 weeks ago | rigzone.com | Firat Kozok |Patrick Sykes

    Turkey is in talks to look for oil and gas in Bulgaria, and is also planning exploration work in Iraq and Libya, Energy Minister Alparslan Bayraktar said. State-run Turkiye Petrolleri AO will “likely” sign an agreement with an unspecified foreign company in the next month to search for energy in Bulgaria’s part of the Black Sea, Bayraktar told reporters in Turkey’s Giresun province.

  • 3 weeks ago | financialpost.com | Firat Kozok |Patrick Sykes

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  • 3 weeks ago | bloomberg.com | Firat Kozok |Patrick Sykes

    An oil and chemical tanker in the Bosporus Strait in Istanbul. Photographer: Nicole Tung/Bloomberg(Bloomberg) -- Turkey is in talks to look for oil and gas in Bulgaria, and is also planning exploration work in Iraq and Libya, Energy Minister Alparslan Bayraktar said. State-run Turkiye Petrolleri AO will “likely” sign an agreement with an unspecified foreign company in the next month to search for energy in Bulgaria’s part of the Black Sea, Bayraktar told reporters in Turkey’s Giresun province.

  • 3 weeks ago | bloomberg.com | Patrick Sykes

    Robert Yuksel Yildirim. (Bloomberg) -- Turkish billionaire Robert Yuksel Yildirim is on a $2 billion hunt for nickel mines, betting that the battery metal’s price will rebound and that the West will want those supplies to cut its reliance on China. After making his fortune in chrome and shipping under family conglomerate Yildirim Holding AS, he spun off those businesses this year into CoreX Holding.

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Patrick Sykes
Patrick Sykes @pat_syk
8 May 25

Hi @GlobalAffairs @Support, I'm writing from Bloomberg News. Do you have any comment on the withholding of Istanbul Mayor Ekrem Imamoglu's account? https://t.co/CT1kDuX7Nq

Patrick Sykes
Patrick Sykes @pat_syk
24 Apr 25

GOLD: A new wave of Turkish gold bugs is driving a widening gap between the price of the physical metal — a long-time investing favorite in the country — and newer digital instruments that track it https://t.co/mJmDNNO8BX

Patrick Sykes
Patrick Sykes @pat_syk
21 Apr 25

Turkey is in talks with a foreign company to explore for oil & gas in offshore Bulgaria, Energy Minister says. Also eyeing upstream opportunities in Libya, Azerbaijan and Iraq