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Oil prices fall 3% with the release of the US inventory report

  • 03 November, 2021
  • 5:35 pm EET

Oil prices deepened their decline by about 3%, during trading today, Wednesday, as US crude fell below $ 82, after the release of data on crude stocks in the United States. This comes with mounting pressure on OPEC + to…

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The EUR/USD remains under pressure near 1.1570, as the FOMC meeting approaches.

  • 03 November, 2021
  • 5:15 pm EET

The EUR/USD remains under pressure near 1.1570, as the FOMC meeting approaches. EUR/USD keeps the offered stance unchanged around 1.1570. US ADP report surprised to the upside in October at 571K jobs. The FOMC event is due later with QE…

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India receives first Russian LNG cargo transiting North Sea 40% shorter than the Suez Canal Road

  • 03 November, 2021
  • 3:08 pm EET

India has received the first shipment of Russian liquefied natural gas transported through the Northern Sea Route, according to the "Energy Voice" website, quoting Gazprom. The LNG cargo, carried by the Marshall Vasilevsky vessel, is one of the cargoes included…

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Asia Forex news roundup: The AUD falls after the RBA.

  • 02 November, 2021
  • 5:59 pm EET

Asia Forex news roundup: The AUD falls after the RBA. On Tuesday, November 2, 2021, forex news for Asia trading will be released.   During the early part of the Asian day, forex swings were minimal as traders awaited On…

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The highest in 18 months.. Russia’s oil production records 10.8 million barrels per day

  • 02 November, 2021
  • 2:57 pm EET

Russia's production of oil and gas condensate rose to 10.84 million barrels per day last October, the highest in 18 months, compared to 10.72 million barrels per day in September. Total oil and condensate production reached 45.86 million tons last…

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