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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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UAE: SNOC Announces Gas Storage Project
January 8th, 2021 - 05:00 GMT

UAE: SNOC Announces Gas Storage Project

Swedish Tethys Oil Commences Exploration Well Onshore Oman
January 8th, 2021 - 10:00 GMT

Swedish Tethys Oil Commences Exploration Well Onshore Oman

Jordan Discusses Renewing Oil Import MoU with Iraq
January 7th, 2021 - 02:00 GMT

Jordan Discusses Renewing Oil Import MoU with Iraq

Egypt Witnesses 13 Percent Surge in Oil, Gas Discoveries
January 7th, 2021 - 12:00 GMT

Egypt Witnesses 13 Percent Surge in Oil, Gas Discoveries

Asia Registered Highest Crude Refinery Maintenance in 2020
January 7th, 2021 - 09:00 GMT

Asia Registered Highest Crude Refinery Maintenance in 2020

Oil Price Soars As Saudi Arabia Cuts Production
January 6th, 2021 - 01:00 GMT

Oil Price Soars As Saudi Arabia Cuts Production

Oman: Non-Oil Revenues Expected to Rise by 25 Percent
January 6th, 2021 - 08:00 GMT

Oman: Non-Oil Revenues Expected to Rise by 25 Percent

Kuwait Announces Three New Oil Discoveries
January 5th, 2021 - 11:00 GMT

Kuwait Announces Three New Oil Discoveries

Total to Start Gas Explorations in Egypt
January 5th, 2021 - 10:00 GMT

Total to Start Gas Explorations in Egypt

OPEC+ Challenging Mission to Decide on Production Rates Suggests a Critical Year Ahead
January 5th, 2021 - 09:30 GMT

OPEC+ Challenging Mission to Decide on Production Rates Suggests a Critical Year Ahead

Germany: Electricity Export Surplus Plummets 46.2 Percent in 2020
January 5th, 2021 - 08:30 GMT

Germany: Electricity Export Surplus Plummets 46.2 Percent in 2020

Saudi Arabia Calls for Caution Amid Uncertainty in Global Oil Markets
January 5th, 2021 - 08:00 GMT

Saudi Arabia Calls for Caution Amid Uncertainty in Global Oil Markets

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