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Oil and Renewables

Oil and Renewables latest

Oil rises as gold drops
June 15th, 2026 - 06:13 GMT
P. Choiaqo

P. Choiaqo

Gold surges 2% and oil tumbles down 4% as US-Iran war comes to a close

ALBAWABA - After the peace deal between the US and Iran was announced, oil, which had been steadily decreasing, started dropping in earnest in anticipation of the deal between the two warring nations being signed in Geneva, Switzerland, on Friday. This eased concerns regarding inflation and interest rate hikes, allowing gold to surge 2 percent since this morning. After a lot of tumult and turbulence, it seems that the fear-driven ...
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Aramco Announces the Reorganization of Downstream Business
July 15th, 2020 - 10:30 GMT

Aramco Announces the Reorganization of Downstream Business

IMF: MENA Oil Exporting Countries to Lose $270 Billion in 2020
July 15th, 2020 - 07:00 GMT

IMF: MENA Oil Exporting Countries to Lose $270 Billion in 2020

Weatherford, IDC Team Up to Drill 20 Oil Wells in Iraq
July 14th, 2020 - 01:30 GMT

Weatherford, IDC Team Up to Drill 20 Oil Wells in Iraq

The All-new Elantra N Line brings performance-inspired N brand elements to seventh-generation sedan for the first time
July 14th, 2020 - 11:43 GMT

Leaner Performance From ADNOC Distribution’s New Lubricant Range for Hybrid Engines

Lebanon in Discussions to Import Fuel from Kuwait
July 14th, 2020 - 11:00 GMT

Lebanon in Discussions to Import Fuel from Kuwait

OPEC+ to Finalize Deal on Next Phase of Oil Production Cuts
July 14th, 2020 - 06:00 GMT

OPEC+ to Finalize Deal on Next Phase of Oil Production Cuts

Jordan: Oil Bill Falls 30.8 Percent in First-Third of 2020
July 13th, 2020 - 11:30 GMT

Jordan: Oil Bill Falls 30.8 Percent in First-Third of 2020

China to Accelerate Shift to Hydrogen-Fueled Cars with New Regulations
July 13th, 2020 - 07:00 GMT

China to Accelerate Shift to Hydrogen-Fueled Cars with New Regulations

IEA Pumps up 2020 Oil Demand Forecast
July 12th, 2020 - 08:30 GMT

IEA Pumps up 2020 Oil Demand Forecast

Oil Prices Trends Confirm OPEC+ Production Cuts Success
July 12th, 2020 - 07:30 GMT

Oil Prices Trends Confirm OPEC+ Production Cuts Success

Is OPEC+ Fulfilling The Global Oil Market's Needs?
July 9th, 2020 - 09:00 GMT

Is OPEC+ Fulfilling The Global Oil Market's Needs?

EIA Revises Up Brent Oil Price Forecast By $2.50 per Barrel for 2020
July 9th, 2020 - 08:30 GMT

EIA Revises Up Brent Oil Price Forecast By $2.50 per Barrel for 2020

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