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Cyclone Shaheen halts oil exports from the UAE port of Fujairah

• 04 October, 2021
• 4:19 pm EEST

At a time when the UAE confirmed the decline in the strength of Cyclone Shaheen and its transformation into an air depression accompanied by medium and light rains on a number of regions of the country, oil shipments in the…

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European Forex news roundup: The dollar falls amid mixed market conditions.

• 04 October, 2021
• 3:50 pm EEST

European Forex news roundup: The dollar falls amid mixed market conditions. Forex market news during the European trade session on October 4, 2021 In Europe, shares were mixed, with equities tilting to the downside amid fresh concern over Evergrande and…

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OPEC+ three scenarios for the coalition ministers to determine production policy

• 04 October, 2021
• 12:55 pm EEST

OPEC+ The ministers of the Organization of Petroleum Exporting Countries "OPEC" and its allies from abroad, led by Russia, in what is known as the OPEC + alliance, will meet today, Monday, to review the policy of oil production during…

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As the NA session begins, the GBP is the strongest currency, while the USD is the weakest.

• 01 October, 2021
• 4:31 pm EEST

As the NA session begins, the GBP is the strongest currency, while the USD is the weakest. It's the first day of a new month, but it's a Friday. It's a new month, so goodbye. Hello, September/hello, October - but…

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Norway plans to close its last coal mine in the Arctic by 2023

• 01 October, 2021
• 2:59 pm EEST

State-owned Norwegian Coal Company (SNSK) plans to close its last mine in the Arctic archipelago of Svalbard by 2023. The move is set to support Norway's goal to reduce its overall carbon emissions, even though it is a major oil…

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