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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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Pakistan Commits to Gas Pipeline Project with Moscow
June 7th, 2022 - 10:34 GMT

Pakistan Commits to Gas Pipeline Project with Moscow

Oman Oil Marketing Company Partners With Dhofar Insurance and Waypoint Systems To Offer Car Warranty Service
June 7th, 2022 - 05:46 GMT

Oman Oil Marketing Company Partners With Dhofar Insurance and Waypoint Systems To Offer Car Warranty Service

France In Talks with UAE to Replace Russian Oil, Diesel
June 5th, 2022 - 12:03 GMT

France In Talks with UAE to Replace Russian Oil, Diesel

Hikes in Fuel Prices
June 2nd, 2022 - 06:00 GMT

Hikes in Fuel Prices in the Middle East Spike Concerns Among the Mass

EU Bans 'more than 2/3' of Oil Imports from Russia
May 31st, 2022 - 08:05 GMT

EU Bans 'more than 2/3' of Oil Imports from Russia

Russia's Gazprom Suspends Gas Supply to the Netherlands
May 31st, 2022 - 07:22 GMT

Russia's Gazprom Suspends Gas Supply to the Netherlands

Oil Exceeds $120 as China Eases Restrictions, EU Leaders Meet to Decide on Russian Embargo
May 30th, 2022 - 08:42 GMT

Oil Exceeds $120 as China Eases Restrictions, EU Leaders Meet to Decide on Russian Embargo

Saudi Aramco Mulls Acquiring Valvoline’s Petroleum Unit - Report
May 26th, 2022 - 06:47 GMT

Saudi Aramco Mulls Acquiring Valvoline’s Petroleum Unit - Report

UAE's ADNOC, Masdar Ink New Partnerships with BP to Develop Clean Hydrogen
May 24th, 2022 - 06:39 GMT

UAE's ADNOC, Masdar Ink New Partnerships with BP to Develop Clean Hydrogen

Oman Oil Marketing Company Partners With Oman International Trade and Exhibitions and Arabian Research Bureau To Support Oman’s Highest Profile Events
May 23rd, 2022 - 10:50 GMT

Oman Oil Marketing Company Partners With Oman International Trade and Exhibitions and Arabian Research Bureau To Support Oman’s Highest Profile Events

Abu Dhabi's Borouge IPO Opens at Dh2.45/share, Biggest IPO to Date
May 23rd, 2022 - 08:06 GMT

Abu Dhabi's Borouge IPO Opens at Dh2.45/share, Biggest IPO to Date

China Mulls Buying Discounted Russian Oil for Strategic Reserves: Report
May 22nd, 2022 - 09:20 GMT

China Mulls Buying Discounted Russian Oil for Strategic Reserves: Report

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