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Oil prices are falling as China seeks to solve the coal crisis, and Brent crude is above $ 84

• 20 October, 2021
• 2:20 pm EEST

Oil prices fell on Wednesday, as the Chinese government sought to curb the rise in record coal prices. Beijing is seeking to operate its coal mines at full capacity to cope with the escalating electricity shortage crisis. Prices of Chinese…

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Gold prices rise as US bond yields rise

• 20 October, 2021
• 1:50 pm EEST

Gold prices rose on Wednesday, with US bond yields rising, and concerns persisting about an earlier-than-expected interest rate hike.   Gold Prices Today By 09:11 AM GMT (12:11 PM GMT), the price of gold futures for December delivery increased by…

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Fossil Fuel Producers’ Output to Exceed Requirements to Reach Climate Goals

• 20 October, 2021
• 12:33 pm EEST

Major economies are forecast to produce more than double the amount of coal, oil and gas in 2030 than what is needed to reach the climate goals in the Paris Agreement, Reuters reported Wednesday, citing a report by the United…

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European Forex news roundup: The dollar languishes, while equities rise once more.

• 19 October, 2021
• 3:58 pm EEST

European Forex news roundup: The dollar languishes, while equities rise once more. Forex market news from the European trade session on October 19, 2021 In terms of big stories, it was a quiet afternoon, but market movement was solid as…

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A new step from Aramco to accelerate the development of the Jafurah gas field In conjunction with the rise in gas prices globally

• 19 October, 2021
• 3:43 pm EEST

Many major oil companies, led by Saudi Aramco, have begun to take serious steps to diversify oil sales, especially with the rise in natural gas prices, which have reached record levels recently. Many countries view natural gas as a transitional…

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