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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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Oman Oil Marketing Company Launches Oman’s First Green Service Station
January 8th, 2020 - 11:16 GMT

Oman Oil Marketing Company Launches Oman’s First Green Service Station

TurkStream to Strengthen Turkish-Russian Relations
January 8th, 2020 - 09:11 GMT

TurkStream to Strengthen Turkish-Russian Relations

Oil Prices Soar Amid Rising Geopolitical Tensions
January 7th, 2020 - 09:44 GMT

Oil Prices Soar Amid Rising Geopolitical Tensions

Oman Oil Marketing Company Reveals Hirfati Competition Winners
January 6th, 2020 - 11:45 GMT

Oman Oil Marketing Company Reveals Hirfati Competition Winners

Israel Starts Supplying Jordan With Gas on 'Experimental' Basis
January 6th, 2020 - 09:26 GMT

Israel Starts Supplying Jordan With Gas on 'Experimental' Basis

UAE: Sharjah Saves $5.44 Million by Recycling Transformer Oil
January 5th, 2020 - 08:31 GMT

UAE: Sharjah Saves $5.44 Million by Recycling Transformer Oil

Jordan: Thousands Protest Against Gas Deal with Israel
January 5th, 2020 - 08:27 GMT

Jordan: Thousands Protest Against Gas Deal with Israel

Oil Soars After US Kills Top Iranian General Qassem Soleimani
January 3rd, 2020 - 11:22 GMT

Oil Soars After US Kills Top Iranian General Qassem Soleimani

Israel's Offshore Leviathan Field Starts Pumping Gas
January 2nd, 2020 - 12:51 GMT

Israel's Offshore Leviathan Field Starts Pumping Gas

3 Global Companies Win Bid for Oil, Gas Exploration in Red Sea
December 31st, 2019 - 09:56 GMT

3 Global Companies Win Bid for Oil, Gas Exploration in Red Sea

 Oman Oil Marketing Company in Partnership With Directorate General of Education of Muscat to Provide Special Needs Equipment to Schools
December 31st, 2019 - 09:39 GMT

Oman Oil Marketing Company in Partnership With Directorate General of Education of Muscat to Provide Special Needs Equipment to Schools

Iraq Seeks Bid for the Jordanian Oil Pipeline Project
December 30th, 2019 - 11:27 GMT

Iraq Seeks Bid for the Jordanian Oil Pipeline Project

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