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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 rise on higher demand, tighter supply
May 23rd, 2023 - 09:14 GMT

Oil prices rise on higher demand, tighter supply

Oil prices slipped on Monday to $74.85 and $70.96 per barrel of Brent and West Texas Intermediate (WTI) crudes, respectively
May 22nd, 2023 - 09:38 GMT

Stuck in OPEC+’ trap, oil prices fall again

US inventory data suppress oil prices
May 18th, 2023 - 09:04 GMT

US inventory data suppress oil prices

Saudi non-oil sector to grow 4.7% - World Bank
May 17th, 2023 - 01:19 GMT

Saudi non-oil sector expected to grow 4.7% - World Bank

Qatar's $10b gas contract goes to French-Arab joint venture
May 17th, 2023 - 08:15 GMT

Qatar's $10b gas contract goes to French-Arab joint venture

Gold prices dip, oil rises amid global anticipation
May 16th, 2023 - 07:36 GMT

Gold prices dip, oil rises amid global anticipation

GE gas power measa strategic partners summit 2023 highlights value of forging strong regional supply chain and collaborations
May 16th, 2023 - 04:26 GMT

GE gas power measa strategic partners summit 2023 highlights value of forging strong regional supply chain and collaborations

Oil prices rise slightly after 4-week decline
May 15th, 2023 - 12:04 GMT

Oil prices rise slightly after 4-week decline

UAE oil giant to sell 15% stake in Adnoc logistics unit
May 10th, 2023 - 09:41 GMT

UAE oil giant to sell 15% stake in Adnoc Logistics

Oil drops 0.7% ahead of U.S. inflation data
May 9th, 2023 - 10:23 GMT

Oil drops 0.7% ahead of US inflation data

ARAMCO posts Q1 profits, beats expectations
May 9th, 2023 - 09:45 GMT

Aramco posts Q1 profits, beats expectations

Iraq resumes oil loading and export operations from Al-Qayyarah field
May 9th, 2023 - 07:42 GMT

Iraq resumes exports from Al-Qayyarah oil field

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