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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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Strike action by electrical workers in Lebanon  could further exacerbate weather related power cuts
January 9th, 2013 - 12:42 GMT

Strike by electricity workers in Lebanon compounds weather problems

Bahrain's state-backed oil company reached a new milestone in oil production
January 9th, 2013 - 12:20 GMT

Bahrain in record oil production

OPEC members earned top dollar last year, new date from the US shows.
January 9th, 2013 - 11:59 GMT

OPEC Members reap rewards

Iraq oil production dipped in December
January 9th, 2013 - 11:38 GMT

Iraq oil exports see December drop

Lebanon's gas prices are continuing to rise
January 9th, 2013 - 08:44 GMT

Lebanon: Gas prices keep on rising

Algeria has signed a deal to export gas to Turkey for another ten years
January 8th, 2013 - 12:19 GMT

Algeria and Turkey ink more gas deals

Electricity workers are threatening an open-ended strike in Lebanon, due to start next week
January 8th, 2013 - 12:07 GMT

Lebanon: Electricity workers threaten open-ended strike

The latest economic data reveals some impressive growth statistics
January 8th, 2013 - 11:18 GMT

Lower oil prices could cause Saudi to curb spending plans

Iran's oil sales have almost halved due to western-imposed sanctions
January 8th, 2013 - 07:09 GMT

Iran's oil revenues drop by 45 per cent due to sanctions

Mr. Abdulla Hassan Al Noman, Manager, Retail Sales Operations, at Emarat
January 8th, 2013 - 06:28 GMT

Emarat Service Station staff attend 352 training sessions during the year 2012

Oman need oil prices to remain high to ensure it can keep its budget commitments
January 8th, 2013 - 04:00 GMT

Oman gambles on oil prices

Russia has been confirmed as the world largest oil producer
January 7th, 2013 - 01:52 GMT

Russia beats Saudi to top of the oil league

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