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Oil and Renewables

Oil and Renewables latest

Oil posts steepest weekly drop in months as US-Iran deal ease supply concerns
June 20th, 2026 - 01:56 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Oil posts steepest weekly drop in months as US-Iran deal ease supply concerns

ALBAWABA- Global oil prices recorded their sharpest weekly decline in months, with Brent Crude falling about 8% over the week, as a renewed ceasefire between Israel and Hezbollah and progress on the US-Iran agreement eased concerns over potential disruptions to global energy supplies. Although prices edged higher on Friday, markets remained under pressure as geopolitical risk premiums continued to fade amid signs of improving stability in the Middle East. Brent ...
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Al Bawaba
August 6th, 2015 - 04:28 GMT

DEWA launches the Al Saada initiative the first smart innovative entertainment platform in the region

Oil prices falling below $45 a barrel could impact Iraq's revenues and create an even worse economic crisis. (AFP/File)
August 5th, 2015 - 04:05 GMT

Will falling oil prices plunge Iraq into a greater crisis?

The price of Brent crude oil fell below $50 per barrel last Monday. (AFP/File)
August 5th, 2015 - 06:45 GMT

Brent oil prices fall to the lowest level since January

Al Bawaba
August 5th, 2015 - 05:30 GMT

Iran increases oil production in field shared with UAE

Al Bawaba
August 4th, 2015 - 11:13 GMT

Iraq's Kurdish region to sell oil, pay companies

Al Bawaba
August 4th, 2015 - 11:31 GMT

DEWA uses drones to inspect PV panels on its Sustainable Building

Emirates National Oil Company
August 4th, 2015 - 10:56 GMT

First winner of ENOC’s ‘Win with ZOOM Summer Surprises’ campaign announced

Al Bawaba
August 4th, 2015 - 08:30 GMT

BW Gas secures bid for Egypt’s floating LNG terminal

In spite of the fifth largest natural gas reserves in the world, Saudi Arabia does not produce sufficient gas for power generation and for its vast petrochemical industry. (Shutterstock)
August 3rd, 2015 - 09:27 GMT

Feelin' the burn in Saudi: Domestic energy consumption is highest in MENA

Al Bawaba
August 3rd, 2015 - 07:20 GMT

UAE lifts fuel subsidies, prices expected to rise 24 percent

Dubai Electricity and Water Authority
August 3rd, 2015 - 06:24 GMT

DEWA’s Takaful Fund expands services

Al Bawaba
August 2nd, 2015 - 08:43 GMT

Iran’s petrochemical output to increase with a boost in European exports

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