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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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Iraq's has ambitious plans to increase oil production
September 16th, 2012 - 07:41 GMT

Iraq's ambitious plans to more than double oil production

King accuses Israel of disrupting Jordanian nuclear energy plans
September 13th, 2012 - 10:16 GMT

Jordan's civil nuclear plans blown off course by Israel

Iran's nuclear ambitions are fuelling tension in the region causing the increase in the price of crude oil
September 13th, 2012 - 09:44 GMT

Crude oil prices rise as fears over Israeli attack on Iran and the global economic outlook cause uncertainty

Opec is confident over the supply of crude oil, but predicts a slowdown in 2013
September 12th, 2012 - 10:05 GMT

Crude oil supplies "abundant" according to Opec, but predicted slowdown could be deeper than feared

The fuel crisis that has rocked South Sudan could soon be over
September 12th, 2012 - 08:16 GMT

South Sudan's fuel crisis could soon be over, according to media official

Al Bawaba
September 11th, 2012 - 09:37 GMT

Omanoil realizes expansion strategy with five new filling stations and nine ahlain convenience stores in 2012

Saudi Arabia's oil minister says the supply and demand of the global economy doesn't justify current oil prices
September 11th, 2012 - 07:50 GMT

Adam Smith would not be pleased: High oil prices not justified, according to Saudi Arabia

Record breaking August for Iraqi oil product
September 10th, 2012 - 11:40 GMT

Iraq is now OPECs second largest producer: Highest output for 30 years

South Sudan is facing a severe fuel shortage.
September 10th, 2012 - 07:53 GMT

Fuel crisis in South Sudan: Government offices close early as foreign investors blamed

Offshore gas could prove lucrative for Lebanon
September 9th, 2012 - 11:43 GMT

Lebanon could have large offshore gas fields

Al Bawaba
September 9th, 2012 - 05:07 GMT

OCTAL triples PET resin production capacity to reach 1 million tons per year

Iraq is now the second largest oil producing country within the Organization of the Petroleum Exporting Countries and third in oil reserves.
September 6th, 2012 - 01:08 GMT

Kurdish Iraq gets the lion's share while Baghdad loses out on oil profits

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