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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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Commercial crude oil stocks increased by 5.5 million barrels, or 1.2 percent.
April 25th, 2019 - 10:23 GMT

EIA: US Crude Oil Inventories, Production on the Rise

In the end the pressure (America) is putting out is on the people.
April 25th, 2019 - 07:12 GMT

Iranians Prepared for Harder Times Amid US Abolition of Waivers

In the end the pressure (America) is putting out is on the people.
April 25th, 2019 - 07:12 GMT

Iranians Brace for More Pain as US Oil Sanctions Close In

During the event
April 25th, 2019 - 06:14 GMT

ADNOC Distribution Celebrates Fuel up and Fly off Winners With Etihad Airways

During the event
April 24th, 2019 - 10:49 GMT

Oman Oil Marketing Company’s Management Attend to Customers at Service Stations

The government sector will continue to hire job seekers, while insinuating that the issue of replacing foreigner employees by Omani nationals in the public sector will be studied urgently.
April 24th, 2019 - 06:43 GMT

Oman Blames Low Oil Prices on Freezing Projects, Job Promotions

The U.S. expect Saudi Arabia to play the oil-rich puppet which is ready to offset the losses from Iranian oil.
April 24th, 2019 - 05:46 GMT

What Role Would Saudi Arabia Play in the Iran Sanctions Scenario?

US officials have said the Trump administration is poised to terminate sanctions waivers it granted to some importers of Iranian oil, including China and India late last year.
April 23rd, 2019 - 07:53 GMT

China to Continue Importing Iranian Oil Despite US Plan to Stop Waivers

Adnoc made zero-fuel oil refining a high priority.
April 23rd, 2019 - 05:51 GMT

Adnoc: First Ever UAE-Produced Calcined Coke Shipment Delivered

Renewable energy projects currently provide a total of 1,100 megawatts of electricity.
April 22nd, 2019 - 09:00 GMT

Jordan's Investment in Renewable Energy to Exceed $4 Billion Mark by 2021

Iran’s biggest oil customers, including China and India, have been lobbying for extensions to sanction waivers.
April 22nd, 2019 - 07:30 GMT

Oil Prices Soar Amid US Announcement of Zero Tolerance for Iran Oil Imports

The acquisition supports Saudi Aramco’s plan to increase the complexity and capacity of its refineries.
April 22nd, 2019 - 05:00 GMT

Saudi Aramco to Acquire Shell’s 50 Percent Stake in Sasref JV for $631 Million

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