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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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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European Forex news roundup: the dollar is marginally stronger, while equities are weaker.

• 21 October, 2021
• 5:54 pm EEST

European Forex news roundup: the dollar is marginally stronger, while equities are weaker. Forex market news during the European trade session on October 21, 2021 For the most part, it was a quiet session as the dollar held steady while…

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Government intervention lowers coal prices in China 11% for thermal coal and 8.8% for coke

• 21 October, 2021
• 4:27 pm EEST

China's coal futures fell amid signs of government intervention to bring record coal prices back to a reasonable range before the start of the winter season. At the start of trading on the Zhengzhou Commodity Exchange on Thursday, the most-traded…

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Turkey uses Azerbaijani gas to face the energy crisis with the onset of winter Through a deal to import 11 billion cubic meters for 3 years

• 15 October, 2021
• 3:06 pm EEST

Many countries, led by Turkey, are seeking to secure their natural gas needs by concluding agreements and contracts with producing countries, after gas prices in the spot market witnessed record increases during the recent period. In this context, the Turkish…

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