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Oil and Renewables

Oil and Renewables latest

Brent crude
March 3rd, 2026 - 08:24 GMT
Sally Shakkour

Sally Shakkour

Brent crude jumps by 4% to $81 per barrel

ALBAWABA - Brent crude increased by over 4 percent, hitting $81 per barrel in afternoon trade in Asia on Tuesday amid intensive attacks in the Middle East. Around 0800 GMT, Brent was trading up 4.41 percent at $81.17 per barrel, while West Texas Intermediate was up 3.99 percent at $74.07 per barrel, AFP reported Tuesday. Nonetheless, European gas prices also recorded an increase of another 30 percent on Iran.
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Saudi exports to Japan was $ 48 billion (over SR 180 billion), while its imports from Japan remained at $ 8 billion
February 10th, 2013 - 12:55 GMT

Saudi praised by Japan for stabilising oil markets

Iran is "optimistic" over the new round of nuclear talks, according to the country's ambassador to the IAEA
February 10th, 2013 - 10:56 GMT

Iran "optimistic" about new round of nuclear talks

Japan is offering a $3 billion credit line to the Abu Dhabi National Oil Company
February 10th, 2013 - 07:45 GMT

Japan lends $3 billion to UAE oil company

Power cuts in Beirut could soon be a thing of the past as the country readies itself for power-generating ships
February 10th, 2013 - 07:32 GMT

Lebanon preparing for arrival of power-generating ships

The Cabinet added one paragraph stating that the bidder had the right to have one or more companies
February 7th, 2013 - 08:44 GMT

Lebanon opens oil fields to exploration

Mohammad Husain, EQUATE President & CEO
February 7th, 2013 - 08:37 GMT

EQUATE realizes over USD 1 Billion net profit in 2012 For the 2nd consecutive year

Gas prices in Lebanon are continuing to rise, new figures show
February 6th, 2013 - 11:30 GMT

Gas prices in Lebanon keep on rising

The foreign non-oil trade maintained its positive growth during the January to August period 2012 registering a Dh70 billion growth
February 6th, 2013 - 10:07 GMT

UAE non-oil trade surging

Al Bawaba
February 6th, 2013 - 07:39 GMT

Kuwait Styrene realizes USD 59 Million net profit in 2012 Sales value exceeds USD 667 million

Our Desert is in Our Eyes campaign
February 6th, 2013 - 05:35 GMT

DEWA participates in Our Desert is in Our Eyes campaign

The Emirates national oil company, ENOC, is shunning Iranian oil in favour of Qatari crude
February 5th, 2013 - 12:15 GMT

Emirates oil company shuns Iran in favour of Qatar

The hostage crisis in Algeria could see Maghreb economies diversifying away from hydrocarbons
February 5th, 2013 - 09:32 GMT

Algerian gas installation attack could see economies diversifying

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