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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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GCC economies are set to have a good 2013, buoyed by high oil prices
December 26th, 2012 - 01:24 GMT

GCC economies looking good for 2013

Oman has beaten all other GCC nations in a World Economic Forum energy league table
December 26th, 2012 - 01:04 GMT

Oman tops GCC energy league

Iran is planning a military exercise for the Strait of Hormuz
December 26th, 2012 - 12:26 GMT

Iran playing war games in Strait of Hormuz

Iraq's semi-autonomous Kurdish region has halted oil exports due to a row over payments
December 26th, 2012 - 12:14 GMT

Iraq's Kurdish region halts oil exports

Kuwait's oil exports to South Korea are booming
December 26th, 2012 - 11:46 GMT

Kuwait's oil exports to South Korea booming

Gas prices in Lebanon are continuing an upwards trend
December 26th, 2012 - 09:59 GMT

Lebanon: Gas prices rise

EQUATE President & CEO Mohammad Husain With Honored Students
December 26th, 2012 - 05:42 GMT

EQUATE honors educational achievements of employees’ children

Iran claims it has managed to bypass Western sanctions on its oil industry
December 24th, 2012 - 11:27 GMT

Iran claims to have bypassed sanctions

Egypt is to increase the cost of fuel, the Minister of Petroleum and Mineral resources has announced.
December 24th, 2012 - 10:43 GMT

Egypt to raise fuel prices

EQUATE Booth Hosting Minister Al-Ibrahim during KSE Forum
December 24th, 2012 - 09:00 GMT

EQUATE sponsors Kuwaiti engineering society’s forum Under the patronage of His Highness the Crown Prince

Political instability in the MENA region will be one of the key determinants of oil prices in 2013, Barclays say
December 23rd, 2012 - 12:40 GMT

Iraq and Syria key to 2013 oil price

The emirate of Abu Dhabi produces more than 90 per cent of the UAE’s crude oil output, the bulk of which is exported
December 23rd, 2012 - 11:13 GMT

Oil output in the UAE dropping but plans afoot

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