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The Energy Agency cuts estimates of global oil demand in 2021

• 14 September, 2021
• 1:55 pm EEST

The International Energy Agency expects global oil demand to return to pre-Corona levels in 2022, but it has lowered demand estimates this year, while Hurricane Ida caused global supply to decline during August for the first time in 5 months.…

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European FX news roundup: The dollar maintains its lead, while equities seek to recover

• 13 September, 2021
• 4:01 pm EEST

European FX news roundup: The dollar maintains its lead, while equities seek to recover Forex market news from the European trade session on September 13, 2021 The market is off to a calmer and brighter start to the new week,…

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APICORP allocates $1 billion to support green projects in the Middle East

• 13 September, 2021
• 1:45 pm EEST

The Arab Oil Investments Company (APICORP) announced the allocation of one billion dollars to support green and renewable energy projects and companies, over the next two years, in the Middle East and North Africa. This comes within the framework of…

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European FX news roundup: Risk rises as the week comes to a close.

• 10 September, 2021
• 3:30 pm EEST

European FX news roundup: Risk rises as the week comes to a close. Forex market headlines from the European trade session on September 10, 2021 The dollar is expected to conclude the week higher, but it doesn't feel that way.…

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Following in Aramco’s footsteps, Kuwait cuts oil prices to Asia in October

• 10 September, 2021
• 2:55 pm EEST

Kuwait reduced the official prices for selling crude oil to Asia for the month of October, by more than the cuts announced by the Saudi Aramco oil company. And a pricing document stated, today, Friday, that Kuwait reduced the official…

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