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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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A total of 2,805 houses will be covered during the first phase of the project
May 15th, 2019 - 09:31 GMT

Jordan Assesses Energy Saving Project Tenders for Vulnerable Families

Oil prices rose after the attacks. Brent crude futures were at $70.79 a barrel at 1035 GMT.
May 15th, 2019 - 07:16 GMT

Terrorists Attack 2 Oil Stations in Saudi Arabia

The UAE foreign ministry had reported that four commercial vessels were targeted near its territorial waters.
May 13th, 2019 - 08:06 GMT

Two Saudi Oil Tankers Were Targets of ‘Sabotage Attack’ off UAE Coast

The Saudi response to Iran sanctions could lead to higher oil production.
May 13th, 2019 - 07:38 GMT

Report: Fiscal Surplus in Saudi Arabia Unlikely to Last Despite Non-Oil Economic Growth

Brent crude price will hold above $70 a barrel in second quarter.
May 13th, 2019 - 06:12 GMT

What Will the Barrel's Price Be in This Fluctuating Oil Market?

The accord slapped restrictions on Iran that were designed to prevent it from making atomic bombs.
May 12th, 2019 - 09:16 GMT

The Consequences of Iran's Withdrawal From the Nuclear Deal

Renewables have a major role to play in curbing global emissions.
May 11th, 2019 - 06:30 GMT

Report: MENA Renewable Capacity Growth Accelerates in 2018

Europe has stressed the importance of the deal for its own security
May 9th, 2019 - 09:00 GMT

EU Still Wants to Save Iran's Nuclear Deal, but Without Ultimatums

Nuclear inspectors have certified that Iran has stuck by the terms of the deal.
May 9th, 2019 - 10:02 GMT

Iran Responds to US Sanctions by Suspending Some Nuclear Deal Commitments

Abu Dhabi National Oil Company
May 9th, 2019 - 07:31 GMT

ADNOC Distribution’s Fuel up and Fly off Campaign Creates Desired Results Among UAE Customers

Iran said it seeks to reveal its countermeasures in response to the US’ withdrawal from the landmark agreement.
May 8th, 2019 - 10:00 GMT

Iran Has No Intention to Withdraw From Nuclear Deal

European powers will turn to a dispute mechanism that could reimpose international sanctions.
May 8th, 2019 - 09:36 GMT

EU to Reimpose Sanctions on Iran If It Retreats From Nuclear Deal

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