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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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Oil Prices Soar in 2019 Despite Sanctions, Reduced Supply
December 30th, 2019 - 11:04 GMT

Oil Prices Soar in 2019 Despite Sanctions, Reduced Supply

Jordan to Retain Nuclear Energy in Its Energy Strategy
December 30th, 2019 - 07:36 GMT

Jordan to Retain Nuclear Energy in Its Energy Strategy

UAE Launches First Renewable Energy Social Media Campaign
December 30th, 2019 - 07:18 GMT

UAE Launches First Renewable Energy Social Media Campaign

Iraq: Halting Nassiriya Oilfield Will Not Affect Exports and Production
December 30th, 2019 - 12:34 GMT

Iraq: Halting Nassiriya Oilfield Will Not Affect Exports and Production

Sudan Postpones Lifting of Fuel Subsidies Planned as Part of 2020 Budget
December 29th, 2019 - 12:43 GMT

Sudan Postpones Lifting of Fuel Subsidies Planned as Part of 2020 Budget

Sudan, South Sudan Extend Oil Agreement Until March 2022
December 26th, 2019 - 09:49 GMT

Sudan, South Sudan Extend Oil Agreement Until March 2022

Saudi Arabia, Kuwait Ink Deal on Shared Oilfields to End a Five-year Dispute
December 25th, 2019 - 10:27 GMT

Saudi Arabia, Kuwait Ink Deal on Shared Oilfields to End a Five-year Dispute

Israel to Ink Gas Pipeline Deal with Greece, Cyprus
December 23rd, 2019 - 10:41 GMT

Israel to Ink Gas Pipeline Deal with Greece, Cyprus

Will the Oil Trade at $100 in 2020?
December 21st, 2019 - 06:30 GMT

Will Oil Prices Trade at $100 in 2020?

MENA Gas Sector Investments to Plummet by $70 Billion Over the Next 5 Years
December 19th, 2019 - 08:00 GMT

MENA Gas Sector Investments to Plummet by $70 Billion Over the Next 5 Years

Oman: GDP for the First Six Months of 2019 Exceeds OMR14 Billion
December 19th, 2019 - 06:21 GMT

Oman: GDP for the First Six Months of 2019 Exceeds OMR14 Billion

ADNOC Distribution Unveils Next-Generation Oasis Convenience Store to Better Serve Customers
December 18th, 2019 - 11:08 GMT

ADNOC Distribution Unveils Next-Generation Oasis Convenience Store to Better Serve Customers

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