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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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Al Bawaba
December 23rd, 2014 - 10:24 GMT

DEWA launches public brainstorming campaign on social media

Saudi Arabia is the only GCC state to allow private investment in the petrochemical sector (File Archive/ AFP).
December 22nd, 2014 - 08:00 GMT

Slow going: KSA to spend $91bn to grow petchem sector

Al Bawaba
December 22nd, 2014 - 03:34 GMT

Saudi Oil Chief spills! Shoots down conspiracy theories on oil prices

Al Bawaba
December 22nd, 2014 - 02:00 GMT

Is a recession on the new year horizon for oil-concerned UAE?

Group photo of EQUATE and KFAS officials
December 21st, 2014 - 09:24 GMT

EQUATE strengthens its partnership with KFAS

Al Bawaba
December 21st, 2014 - 04:55 GMT

Gulf states brace themselves for $350 billion historic loss as oil plunge remains unabated

Al Bawaba
December 19th, 2014 - 12:29 GMT

Qatar won't do it? Bahrain to start importing gas from Russia in 2017


Kuwait Energy holds a 49.5 per cent revenue interest in the East Ras Qattara development lease
December 18th, 2014 - 11:58 GMT

A 'Jurassic' discovery: Kuwait Energy finds new hydrocarbon site in Egypt

The kingdom is the largest economy in the Arab world, and OPEC’s biggest crude producer.
December 18th, 2014 - 04:55 GMT

Stubborn, delusional, or both? Saudi Arabia to keep up 'massive' public spending package despite oil price crash

He also said OPEC would need to see how badly the market was oversupplied and for signs of demand picking up.
December 17th, 2014 - 06:18 GMT

Playing with oil? OPEC signals 'wait and see' approach could last a year

Last week, both 95-octane and 98-octane gasoline fell by LL800 and are now priced at LL26,400 and LL27,100 (17 USD and 18 USD).
December 17th, 2014 - 02:26 GMT

The happier side: fuel prices in Lebanon drop

Al Bawaba
December 17th, 2014 - 11:29 GMT

ENOC inks Deal with ADNOC for Strategic Transfer of its Sharjah Non-operational Facilities

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