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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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QPIC Announces A Net Profit Of Kd14.50 Million For The Financial Year Ended 31 March 2021
May 26th, 2021 - 06:50 GMT

QPIC Announces A Net Profit Of Kd14.50 Million For The Financial Year Ended 31 March 2021

Oil Prices Decline As Tension Arises in Iran, US Nuclear Talks
May 25th, 2021 - 12:05 GMT

Oil Prices Decline As Tension Arises in Iran, US Nuclear Talks

China Supports Iranian 'Reasonable Demands' on Nuclear Deal
May 25th, 2021 - 11:30 GMT

China Supports Iranian 'Reasonable Demands' on Nuclear Deal

5 Oil & Gas Behemoths’ Revenues Plummet 30 Percent in 2020
May 25th, 2021 - 10:30 GMT

5 Oil & Gas Behemoths’ Revenues Plummet 30 Percent in 2020

Mexico to Buy Oil Refinery in Texas from Shell
May 25th, 2021 - 06:00 GMT

Mexico to Buy Oil Refinery in Texas from Shell

Oil Inches Up Amid Resume of Iran Nuclear Deal Talks
May 24th, 2021 - 08:30 GMT

Oil Inches Up Amid Resume of Iran Nuclear Deal Talks

UAE On Track to Provide Low Cost, Low Carbon Energy As Demand Soars
May 23rd, 2021 - 01:00 GMT

UAE On Track to Provide Low Cost, Low Carbon Energy As Demand Soars

Octal Supports Nationwide Covid-19 Relief Efforts
May 23rd, 2021 - 08:04 GMT

Octal Supports Nationwide Covid-19 Relief Efforts

Energy Recap: Oil Market Sees Strong Buying Ahead of Summer
May 23rd, 2021 - 06:00 GMT

Energy Recap: Oil Market Sees Strong Buying Ahead of Summer

Italy Pilots World's First 30 Percent Natural Gas/Hydrogen Blend in Steel Forging
May 20th, 2021 - 06:00 GMT

Italy Pilots World's First 30 Percent Natural Gas/Hydrogen Blend in Steel Forging

ADNOC Invests $318 Million to Sustain Production of 650,000 bpd On Its Largest Onshore Asset
May 19th, 2021 - 10:40 GMT

ADNOC Invests $318 Million to Sustain Production of 650,000 bpd On Its Largest Onshore Asset

EU to Impose 11.1 Percent Anti-Dumping Duties on MEG Saudi Petchems Product
May 18th, 2021 - 12:30 GMT

EU to Impose 11.1 Percent Anti-Dumping Duties on MEG Saudi Petchems Product

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