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Qatari Energy Minister: Lack of investment is behind the crisis of high gas prices

  • 21 September, 2021
  • 3:01 pm EEST

Saad Al-Kaabi says his country does not plan to return to OPEC Qatari Energy Minister Saad Al-Kaabi revealed the reasons behind the rise in global gas prices during this period, and record levels, with the approach of winter. The CEO…

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World shares at one-month low, default fears stalk China Evergrande

  • 20 September, 2021
  • 12:34 pm EEST

World shares skidded and the dollar firmed on Monday ahead of a week packed with global central bank meetings, while debt troubles at property group China Evergrande dragged Hong Kong stocks towards to a one-year low. European stocks were 1.8%…

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Oil holds above $75 as storm-hit U.S. supply returns slowly

  • 17 September, 2021
  • 12:44 pm EEST

Brent oil futures dipped on Friday but held above $75 a barrel, remaining on track for weekly gains of more than 3% thanks to the slow recovery in output after two hurricanes in the U.S. Gulf of Mexico. Brent crude…

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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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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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