News

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…

Continue Reading

Gold prices rise, supported by the decline in the dollar and US bonds

• 14 October, 2021
• 2:49 pm EEST

Gold prices rose, during trading on Thursday, supported by the decline in the US currency, and the decline in US bond yields. Prices rose more than $35 at the end of Wednesday, hitting a one-month high, with the release of…

Continue Reading

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…

Continue Reading

OPEC oil production rose 486,000 barrels per day in September The total exceeds 27 million barrels per day

• 13 October, 2021
• 3:06 pm EEST

OPEC oil production rose by 0.5 million barrels per day during the past month, as the increase came with the rise in supplies in 3 countries. The monthly report of the Organization of Petroleum Exporting Countries, issued today, Wednesday, showed…

Continue Reading

Iraqi Oil Minister: $85 a barrel is a balanced price for producers and consumers

• 13 October, 2021
• 2:50 pm EEST

Iraqi Oil Minister Ihsan Abdul-Jabbar said that oil prices should stabilize around current levels, reflecting the market balance. Iraq is counting on the price of oil to reduce the budget deficit, as next year's budget is expected to witness an…

Continue Reading