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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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Libya: Daily Losses Of $42.8 Million Due To Oil Shutdown
January 25th, 2020 - 06:58 GMT

Libya: Daily Losses Of $42.8 Million Due To Oil Shutdown

Saudi Oil Exports Soar to 7.37 Million bpd in November 2019
January 22nd, 2020 - 10:56 GMT

Saudi Oil Exports Soar to 7.37 Million bpd in November 2019

Oman Oil Marketing Company Signs Long-Term Contract With Port of DUQM
January 22nd, 2020 - 07:53 GMT

Oman Oil Marketing Company Signs Long-Term Contract With Port of DUQM

Oil Industry Under Intense Scrutiny at WEF 2020
January 22nd, 2020 - 06:38 GMT

Oil Industry Under Intense Scrutiny at WEF 2020

 Largest Solar Park to Launch Its Third Phase in Dubai
January 21st, 2020 - 09:26 GMT

Largest Solar Park to Launch Its Third Phase in Dubai

Oil Prices Soar As Two Major Oilfields ShutDown in Libya
January 21st, 2020 - 09:12 GMT

Oil Prices Soar As Two Major Oilfields ShutDown in Libya

Opec Reduced Oil Production By 6.3 Percent In 2019
January 20th, 2020 - 07:39 GMT

Opec Reduced Oil Production By 6.3 Percent In 2019

UAE's First Nuclear Reactor To Start Operations In Q1
January 19th, 2020 - 12:26 GMT

UAE's First Nuclear Reactor To Start Operations In Q1

Woqod Launch 100th Petrol Station In Qatar
January 16th, 2020 - 11:16 GMT

Woqod Launch 100th Petrol Station In Qatar

OPEC's Market Share To Shrink, While Output Boom For Rivals
January 16th, 2020 - 06:51 GMT

OPEC's Market Share To Shrink, While Output Boom For Rivals

New Energy Era: Egypt Begins Importing Natural Gas From Israel
January 15th, 2020 - 11:13 GMT

New Energy Era: Egypt Begins Importing Natural Gas From Israel

Adnoc Announces Holistic 2030 Sustainability Goals
January 14th, 2020 - 01:53 GMT

Adnoc Announces Holistic 2030 Sustainability Goals

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