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Oil and Renewables

Oil and Renewables latest

Renewed US-Iran Tensions Lift Oil Prices as Investors Focus on Inflation Risks
July 15th, 2026 - 04:08 GMT

Renewed US-Iran Tensions Lift Oil Prices as Investors Focus on Inflation Risks

Renewed tensions between the US and Iran have pushed oil prices higher, bringing inflation risks back into focus for global investors, according to Lale Akoner, Global Market Strategist at eToro. While crude prices have risen amid concerns over slower traffic through the Strait of Hormuz, markets are not yet treating the situation as a full-scale oil supply crisis. Instead, investors appear to believe that energy supplies are becoming tighter, but not significantly disrupted. "Markets are pricing in higher geopolitical risk, but not a major supply shock," said Akoner. "Slower traffic ...
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Meanwhile, the Organization of the Petroleum Exporting Countries (OPEC) has granted Nigeria a higher oil output target under an OPEC-led supply cut deal.
October 10th, 2019 - 06:57 GMT

Oil Prices Fall Amid No Significant Progress in US-China Trade Talks

Aramco’s regular production of 11.3 million bpd recovered faster than anticipated after the attacks of Sep. 14.
October 9th, 2019 - 10:48 GMT

Saudi Aramco to Produce 12 Million bpd by End of November

The talks stressed the readiness of the GCC armed forces to confront any terrorist threats or attacks, condemning the recent sabotage attacks in the Kingdom.
October 9th, 2019 - 07:57 GMT

Saudi Arabia Reassures World That It Will Fulfill Oil Needs

Aramco came under Yemen’s biggest retaliatory attacks ever on Sept. 11, as a result of which Saudi Arabia lost half of its production capacity.
October 9th, 2019 - 07:38 GMT

Fitch Downgrades Saudi Aramco After Cutting Down the Kingdom's Debt Rating

During the event
October 8th, 2019 - 10:18 GMT

ENOC Group Launches ENOC Link

The purpose of the MoU is to establish and strengthen cooperation in order to carry out activities and share experiences, views, information and best practices in areas of mutual interest.
October 8th, 2019 - 07:39 GMT

OPEC Inks Deal With GECF to Strengthen Cooperation

At its peak, oil production in South Sudan was at 350,000 barrels a day.
October 8th, 2019 - 07:19 GMT

South Sudan Renegotiates Oil Deal With Sudan

During the event
October 7th, 2019 - 09:46 GMT

Oman Oil Marketing Company Highlights Importance of Safety Culture at Oman Workplace Safety and Loss Prevention Conference

Much of Iran's natural gas comes from the South Pars field.
October 7th, 2019 - 07:35 GMT

China Withdraws $5 Billion Iran Gas Field Deal

GE HA Milestones
October 6th, 2019 - 10:37 GMT

GE Launches Latest Evolution of Its HA Gas Turbine & Secures Order for 100th Unit of the Technology

Saudi Arabia has managed to maintain supplies to customers at levels before the attacks
October 5th, 2019 - 06:00 GMT

Saudi Arabia Restores Oil Output After Attacks

The friction across the Atlantic could severely damage U.S.-EU economic relations
October 3rd, 2019 - 12:30 GMT

Oil Prices Fall as US Prepares for Tariffs on

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