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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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An escalation in the ongoing Iran crisis will hit the region’s economies
March 21st, 2012 - 09:16 GMT

Oil prices, inflation likely to rise if Iran crisis worsens

Al Bawaba
March 21st, 2012 - 08:53 GMT

OCTAL employees walk in solidarity to raise awareness for cancer research and education

There is no dearth or shortage of crude in the market, everyone agrees
March 20th, 2012 - 11:39 GMT

Oil scene: Fuel market confusion

In theory, the boats should generate around 400 to 500 MW of electricity during the summer season
March 20th, 2012 - 08:55 GMT

Lebanon: Deal to lease power-generating boats delayed

Al Bawaba
March 20th, 2012 - 07:09 GMT

Emarat recycles 22 tons of paper wastes in all its service stations

The pipeline would extend from oilfields to the capital Juba where the crude would be transferred to trucks and taken on to Kenya and Djibouti
March 19th, 2012 - 01:37 GMT

South Sudan plans underwater pipeline for oil exports

Iran has threatened to close the Strait of Hormuz if Western moves to ban Iranian crude exports crippled its energy sector
March 19th, 2012 - 06:53 GMT

Iraq plans oil export routes for any Hormuz crisis

Media attention has focused on the possibility of an oil supply shock which could negatively impact economic growth forecasts as prices skyrocket
March 18th, 2012 - 04:06 GMT

Investors take advantage of rising oil prices

Al Bawaba
March 18th, 2012 - 12:02 GMT

Omanoil sponsors youth football tournament in association with the Ministry of Education

The local food market is witnessing a severe slowdown due to weak consumer purchasing power
March 18th, 2012 - 11:49 GMT

Jordan: ‘Suspending electricity price hike to keep food costs stable’

Gas stations owners have been complaining for several months that the quantities of oil derivatives arrive to stations are less than the ordered and paid for quantities
March 18th, 2012 - 07:24 GMT

Jordan: Gas stations threaten strike amid dispute with refinery

Al Bawaba
March 15th, 2012 - 10:58 GMT

Under the patronage of Health Undersecretary EQUATE & KACCH launch Painting Smiles exhibition

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