News

Miscellaneous Reports Urgent Electricity Miscellaneous Australian government split over continuing coal plants

• 14 September, 2021
• 4:23 pm EEST

At a time when many countries in the world are moving to abandon coal-fired power plants, the Australian government is taking a step forward and another backward, amid the insistence of the Canberra government to stick to coal plants, in…

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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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Dollar steadies below 2-1/2 week high before inflation data; Aussie swoons

• 14 September, 2021
• 11:12 am EEST

The U.S. dollar steadied below a 2-1/2-week high that was hit in the previous session, as investors braced for inflation data that might offer clues on the timing of policy tightening by the Federal Reserve at a meeting next week.…

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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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