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European Forex news roundup: The dollar rises as inflation fears and the energy crisis roil markets.

  • 06 October, 2021
  • 5:53 pm EEST

European Forex news roundup: The dollar rises as inflation fears and the energy crisis roil markets. Forex market news during the European trade session on October 6, 2021 Inflation fears gripped the market in European morning trade, as bond rates…

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Sluggish imports behind India’s coal shortage crisis Besides the shortage of stock

  • 06 October, 2021
  • 2:47 pm EEST

The electricity sector in India is suffering a severe crisis in light of the shortage of stocks and weak imports of coal at a time during which the demand for electricity has increased as a result of the economic recovery…

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Oil prices rise, supported by OPEC + decisions, and Brent crude near $ 82

  • 05 October, 2021
  • 11:48 am EEST

Oil prices rose during trading on Tuesday, reaching their highest levels in at least 3 years. Oil prices continued to reap the gains made during the previous session, after the world's major oil producers within the OPEC + alliance announced…

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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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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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