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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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Adnoc-Borealis Plastics Joint Venture Seek $2 Billion from IPO: Report
April 24th, 2022 - 11:45 GMT

Adnoc-Borealis Plastics Joint Venture Seek $2 Billion from IPO: Report

 Oman Oil Marketing Company Serves Those in Need Through Annual at’a Campaign
April 24th, 2022 - 05:09 GMT

Oman Oil Marketing Company Serves Those in Need Through Annual at’a Campaign

UAE: Non-Oil Sector's Contribution to GDP Tops 72% in 2021
April 19th, 2022 - 11:12 GMT

UAE: Non-Oil Sector's Contribution to GDP Tops 72% in 2021

Saudi ukraine war
April 17th, 2022 - 03:00 GMT

What Role Does Saudi Play in the Oil Market Amid the Ukraine War?

Libyan Oil Field Halts Production Due to Dispute Over Prime Minister: Report
April 17th, 2022 - 08:16 GMT

Libyan Oil Field Halts Production Due to Dispute Over Prime Minister: Report

Abu Dhabi Acquires Two New-build LNG Vessels from China
April 12th, 2022 - 11:26 GMT

Abu Dhabi Acquires Two New-build LNG Vessels from China

Oman Oil Marketing Company and Wakud Signed an Agreement To Introduce Biodiesel in Oman
April 10th, 2022 - 07:47 GMT

Oman Oil Marketing Company and Wakud Signed an Agreement To Introduce Biodiesel in Oman

Oman Oil Marketing Company Inaugurates Region’s First Smart Ahlain Store
April 6th, 2022 - 07:09 GMT

Oman Oil Marketing Company Inaugurates Region’s First Smart Ahlain Store

Russia's Gazprom to Continue Shipments to Europe via Ukraine: Report
March 27th, 2022 - 09:11 GMT

Russia's Gazprom to Continue Shipments to Europe via Ukraine: Report

Putin Demands 'Unfriendly Countries' to Start Paying for Russian Gas in Rubles
March 24th, 2022 - 09:54 GMT

Putin Demands 'Unfriendly Countries' to Start Paying for Russian Gas in Rubles

Oil Prices Soar As EU Mulls Russian Ban, Mideast Tensions Rise
March 21st, 2022 - 11:42 GMT

Oil Prices Soar As EU Mulls Russian Ban, Mideast Tensions Rise

Aramco to Increase Oil Production As Its 2021 Profit More than Doubles
March 21st, 2022 - 11:24 GMT

Aramco to Increase Oil Production As Its 2021 Profit More than Doubles

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