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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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Kuwait, Saudi Arabia to Halt Oil Production in Joint Field
May 20th, 2020 - 10:00 GMT

Kuwait, Saudi Arabia to Halt Oil Production in Joint Field

Oil Market Scene Looks better than Expected As Pandemic Dust Settles
May 19th, 2020 - 11:00 GMT

Oil Market Scene Looks better than Expected As Pandemic Dust Settles

Oil Prices Surge As Demand Shows Signs of Recovery from COVID-19
May 19th, 2020 - 10:30 GMT

Oil Prices Surge As Demand Shows Signs of Recovery from COVID-19

Octal Bolsters Oman’s Manufacturing Industry as It Expands Pet Resin Business
May 18th, 2020 - 09:40 GMT

Octal Bolsters Oman’s Manufacturing Industry as It Expands Pet Resin Business

Oil Demand Recovers as Countries Ease Lockdown Measures
May 17th, 2020 - 11:00 GMT

Oil Demand Recovers as Countries Ease Lockdown Measures

Oil Prices Soar to Early April Highs As Demand Shows Signs of Recovery
May 15th, 2020 - 06:00 GMT

Oil Prices Soar to Early April Highs As Demand Shows Signs of Recovery

Iran: Oil Exports Sink to Historic Low Battered by US Sanctions, COVID-19 Crisis
May 14th, 2020 - 12:00 GMT

Iran: Oil Exports Sink to Historic Low Battered by US Sanctions, COVID-19 Crisis

OPEC Cuts 2020 Oil Demand Outlook Again, Sees Steepest Decline This Quarter
May 14th, 2020 - 11:00 GMT

OPEC Cuts 2020 Oil Demand Outlook Again, Sees Steepest Decline This Quarter

GCC Economies to Weather Oil Crash Storm; Says Fitch Ratings
May 14th, 2020 - 08:30 GMT

GCC Economies to Weather Oil Crash Storm; Says Fitch Ratings

ADNOC Distribution Increases Access to Everyday Essentials Through Launch of Home Delivery With Talabat
May 14th, 2020 - 07:52 GMT

ADNOC Distribution Increases Access to Everyday Essentials Through Launch of Home Delivery With Talabat

WEF: COVID-19 Hurdles Saudi Progress on Energy Transition
May 13th, 2020 - 09:00 GMT

WEF: COVID-19 Hurdles Saudi Progress on Energy Transition

Saudi Aramco Announces $16.7 Billion Q1 Net Income
May 13th, 2020 - 07:30 GMT

Saudi Aramco Announces $16.7 Billion Q1 Net Income

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