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Europe’s gas crisis comes at perfect moment for Moscow

  • 07 October, 2021
  • 12:54 pm EEST

As European gas prices soar and governments worry about their effect on a spiralling cost of living, Russia on Wednesday offered what it said could be a swift solution: rapid certification of its recently completed Nord Stream 2 pipeline that…

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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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European Forex news roundup: The dollar falls amid mixed market conditions.

  • 04 October, 2021
  • 3:50 pm EEST

European Forex news roundup: The dollar falls amid mixed market conditions. Forex market news during the European trade session on October 4, 2021 In Europe, shares were mixed, with equities tilting to the downside amid fresh concern over Evergrande and…

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