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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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IEA: Global Oil Demand is Set to Plunge to 25-Year Low in April
April 16th, 2020 - 12:00 GMT

IEA: Global Oil Demand is Set to Plunge to 25-Year Low in April

Lebanon: Oil Trader IMMS, BankMed Settle $1 Billion Deposit Lawsuit
April 16th, 2020 - 06:00 GMT

Lebanon: Oil Trader IMMS, BankMed Settle $1 Billion Deposit Lawsuit

Is the Historic OPEC+ Deal the Global Economy's Savior?
April 15th, 2020 - 03:00 GMT

Is the Historic OPEC+ Deal the Global Economy's Savior?

US to Rent Storage for 23 Million Oil Barrels From Energy Companies
April 15th, 2020 - 01:00 GMT

US to Rent Storage for 23 Million Oil Barrels From Energy Companies

Oman Joins OPEC+ Pact, Slashes Oil Production by 200,000 bpd
April 14th, 2020 - 12:30 GMT

Oman Joins OPEC+ Pact, Slashes Oil Production by 200,000 bpd

Will OPEC+ Deal Be Enough to Recover the Global Economy?
April 14th, 2020 - 11:30 GMT

Will OPEC+ Deal Be Enough to Recover the Global Economy?

Was Trump the Broker of the Historic Oil Deal?
April 14th, 2020 - 11:00 GMT

Was Trump the Broker of the Historic Oil Deal?

Opinion: Did Saudi Arabia Lose the Oil War?
April 14th, 2020 - 08:00 GMT

Opinion: Did Saudi Arabia Lose the Oil War?

Deal is Sealed: OPEC to Reduce Oil Output by 10 mbpd
April 13th, 2020 - 06:30 GMT

Deal is Sealed: OPEC to Reduce Oil Output by 10 mbpd

Oil Deal: Is 10 mbpd Cut Enough to Halt Price Meltdown?
April 12th, 2020 - 06:30 GMT

Oil Deal: Is 10 mbpd Cut Enough to Halt Price Meltdown?

OPEC+ to Cut Output by 10 mbpd, Final Supply Pact Hinges on Mexico
April 12th, 2020 - 06:00 GMT

OPEC+ to Cut Output by 10 mbpd, Final Supply Pact Hinges on Mexico

OPEC+ to Cut Output by 10 mbpd, Final Supply Pact Hinges on Mexico
April 12th, 2020 - 06:00 GMT

OPEC+ to Cut Output by 10 mbpd, Final Supply Pact Hinges on Mexico

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