News

China records an increase in gas production and imports last month To overcome the shortage of coal

  • 25 October, 2021
  • 3:19 pm EEST

Amid expectations that China's natural gas production will outpace crude oil production by 2050, China witnessed an increase in its natural gas production last September. The country's total natural gas production reached 15.7 billion cubic meters last month, up 7.1…

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A big jump in the value of Jordan’s imports of oil derivatives It increased by 16% through the end of August

  • 25 October, 2021
  • 3:03 pm EEST

Jordan depends on importing oil to cover its domestic needs, amid demands to pump more investments into the sector in order to meet the increasing demand for oil derivatives, which costs the country's budget huge sums. In this context, an…

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European Forex news roundup: the dollar is marginally weaker, but equities remain stable.

  • 22 October, 2021
  • 5:39 pm EEST

European Forex news roundup: the dollar is marginally weaker, but equities remain stable. Forex market news during the European trade session on October 22, 2021 Even though there wasn't much going on in European trade today, there were a couple…

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Oil prices consolidate their gains by 1%.. Brent crude is above $85

  • 22 October, 2021
  • 5:20 pm EEST

Oil prices extended their gains to about 1% during trading today, Friday, after falling in early trading, to bring Brent crude back above $ 85, in conjunction with the decline of the US currency. The decline came this morning as…

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Silver Price Analysis: XAG/USD is nearing multi-week highs, trading just below the mid-$24.00s.

  • 22 October, 2021
  • 3:13 pm EEST

On Friday, silver received new bids and returned to multi-week highs. The setup is still stacked in favor of the bulls, which bodes well for future gains. Any meaningful drop below $24.00 could be interpreted as a buying opportunity. Silver…

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