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Category archives for oil

Oil prices are falling as China seeks to solve the coal crisis, and Brent crude is above $ 84

  • 20 October, 2021
  • 2:20 pm EEST

Oil prices fell on Wednesday, as the Chinese government sought to curb the rise in record coal prices. Beijing is seeking to operate its coal mines at full capacity to cope with the escalating electricity shortage crisis. Prices of Chinese…

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Oil prices scale $85/bbl on back of supply deficit

  • 15 October, 2021
  • 1:05 pm EEST

Oil prices hit a fresh three-year high on Friday, climbing above $85 a barrel on forecasts of a supply deficit over the next few months as rocketing gas and coal prices stoke a switch to oil products. Brent crude futures were…

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As NA traders enter for the day, the NZD is the strongest and the JPY is the weakest.

  • 14 October, 2021
  • 3:49 pm EEST

As NA traders enter for the day, the NZD is the strongest and the JPY is the weakest. The USD is weaker as a result of "risk on" flows. The NZD is the strongest of the major currencies as the…

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The Energy Agency raises its estimates of the growth of global demand for oil with the energy crisis In the current and next years

  • 14 October, 2021
  • 3:12 pm EEST

The International Energy Agency raised its estimates of the growth of global demand for oil in the current and next year, noting that the current energy crisis may boost consumption. According to the monthly report issued today, Thursday; The agency…

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European Forex news roundup: The dollar is weakening as the US CPI and FOMC minutes are released.

  • 13 October, 2021
  • 3:55 pm EEST

European Forex news roundup: The dollar is weakening as the US CPI and FOMC minutes are released. Forex market news from the European trade session on October 13, 2021   For the most part, it was a quiet session as…

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