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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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UAE to Slash Oil Production by 100,000 bpd in June
May 12th, 2020 - 12:30 GMT

UAE to Slash Oil Production by 100,000 bpd in June

What's Behind Last Week’s Sudden Rally In Oil Prices?
May 12th, 2020 - 08:30 GMT

What's Behind Last Week’s Sudden Rally In Oil Prices?

ADNOC Distribution Announces Q1 Results & New Customer Initiatives to Combat Impact of COVID-19
May 12th, 2020 - 08:13 GMT

ADNOC Distribution Announces Q1 Results & New Customer Initiatives to Combat Impact of COVID-19

Aramco to Reduce Oil Production for June by Extra 1 Million bpd
May 11th, 2020 - 02:00 GMT

Aramco to Reduce Oil Production for June by Extra 1 Million bpd

Opinion: Should the Capitalist US Bail out the Shale Producers?
May 11th, 2020 - 01:00 GMT

Opinion: Should the Capitalist US Bail out the Shale Producers?

Saudi Arabia Cuts Local Fuel Prices Significantly
May 11th, 2020 - 10:30 GMT

Saudi Arabia Cuts Local Fuel Prices Significantly

Oman Oil Marketing Company Continues Coronavirus Protection Measures
May 11th, 2020 - 07:23 GMT

Oman Oil Marketing Company Continues Coronavirus Protection Measures

With drive-thru convenience stores, customers can order directly from the safety of their own car
May 10th, 2020 - 07:28 GMT

Bringing the Essentials Closer to Home. ADNOC Distribution Opens Four ‘on the Go’ Neighborhood Stations

Brent Crude Prices Rebound as Global Supply and Demand Started to Realign
May 10th, 2020 - 07:15 GMT

Brent Crude Prices Rebound as Global Supply and Demand Started to Realign

Aramco Raise Crude Selling Prices Up As Demand Recovers
May 8th, 2020 - 06:00 GMT

Aramco Raises Crude Selling Prices Up As Demand Recovers

Can Saudi Arabia Rescue Its Economy?
May 7th, 2020 - 01:00 GMT

Can Saudi Arabia Rescue Its Economy?

Will Saudi Arabia Emerge As Winner of Oil Price Wars?
May 7th, 2020 - 07:30 GMT

Will Saudi Arabia Emerge As Winner of Oil Price Wars?

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