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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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Aramco Trading Unit Starts Bunkering Operations at Yanbu
June 30th, 2021 - 01:00 GMT

Aramco Trading Unit Starts Bunkering Operations at Yanbu

What Causes Inflation: High Oil Prices or Monetary Policy Tools?
June 30th, 2021 - 07:10 GMT

What Causes Inflation: High Oil Prices or Monetary Policy Tools?

US Gas Prices Hit 7 Years High As Demand Spikes
June 30th, 2021 - 06:00 GMT

US Gas Prices Hit 7 Years High As Demand Spikes

Aramco Technology Chief: Blue Hydrogen Market To Follow LNG Model
June 28th, 2021 - 11:30 GMT

Aramco Technology Chief: Blue Hydrogen Market To Follow LNG Model

Prysmian Group Secures $900 Million US Clean Energy Project Contract
June 27th, 2021 - 10:30 GMT

Prysmian Group Secures $900 Million US Clean Energy Project Contract

Bahrain Drills First Exploration Oil Well In Block 1
June 27th, 2021 - 10:00 GMT

Bahrain Drills First Exploration Oil Well In Block 1

Will OPEC+ Consider Easing Output Cuts Further After Breaching $70 Mark ?
June 27th, 2021 - 09:00 GMT

Will OPEC+ Consider Easing Output Cuts Further After Breaching $70 Mark?

Lebanon to Gradually Lift Fuel Subsidies
June 27th, 2021 - 08:30 GMT

Lebanon to Gradually Lift Fuel Subsidies

Lebanon Will Not Be Importing Iranian Oil
June 27th, 2021 - 08:00 GMT

Lebanon Will Not Be Importing Iranian Oil

UAE's Masdar Inks Strategic Deal With Iraq for 2GW Solar Projects
June 27th, 2021 - 06:00 GMT

UAE's Masdar Inks Strategic Deal With Iraq for 2GW Solar Projects

Italy's Eni Commences Digging Offshore Well In Bahrain
June 24th, 2021 - 01:00 GMT

Italy's Eni Commences Digging Offshore Well In Bahrain

Mubadala Acquires 2.6 Percent Stake In En+ Group International
June 24th, 2021 - 11:00 GMT

Mubadala Acquires 2.6 Percent Stake In En+ Group International

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