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Oil and Renewables

Oil and Renewables latest

Oil prices and inflation concerns take centre stage as markets reprice geopolitical risk
July 10th, 2026 - 04:37 GMT

Oil prices and inflation concerns take centre stage as markets reprice geopolitical risk

Global markets are responding to the breakdown of the US-Iran ceasefire with renewed caution, as investors weigh the implications of rising oil prices and their potential impact on inflation and central bank policy. Commenting on the latest market developments, Lale Akoner, Global Market Analyst at eToro, said:"Markets are reacting to the break in the US-Iran ceasefire as a renewed geopolitical shock, but the bigger issue for investors is what higher energy prices could mean for inflation. The ceasefire had helped contain some of the risk premium in oil, but its ...
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Al Bawaba
July 29th, 2013 - 09:13 GMT

Omanoil launches second edition of ‘i promise’ campaign to promote fitness and wellbeing among staff

It needs at least 140 days to ensure safe shutdown and not the 60 days stipulated by Khartoum last June
July 29th, 2013 - 05:51 GMT

Sudan extends oil flow shutdown deadline

Iran plans to establish 40 gas storage facilities in the coming years
July 29th, 2013 - 05:39 GMT

Iran builds massive natural gas container

The election to pick OPEC’s secretary general is scheduled to be held in Vienna on December 4, with Iran, Iraq and Saudi Arabia vying for the post
July 28th, 2013 - 01:55 GMT

Iran's high chance of winning OPEC chairmanship

The Islamic Republic of Iran guarantees transferring millions of barrels of oil from the Persian Gulf and the Strait of Hormuz
July 28th, 2013 - 11:23 GMT

Iran's role in energy security undeniable, says Oil Minister

The current range of oil prices very palatable, neither too cold nor too hot in terms of likely revenue generation
July 28th, 2013 - 11:22 GMT

Oil Speculation: Always Tricky

Egypt has asked Kuwait to include Kuwaiti petroleum products, including 70,000 tonnes of diesel and jet fuel worth $60-65 million, as part of the aid
July 25th, 2013 - 10:55 GMT

Egypt seeking to raise gas prices, lure back investors

Iran plans to allocate some facilities to enhancing the production capacity of the country’s downstream petrochemical, polymer and plastic industries
July 25th, 2013 - 08:55 GMT

Iran plans to build 300 petrochemical parks in 4 years

Currently 22 million litters of gasoline conforming to euro 4 and euro 5 standards is being produced in the country
July 24th, 2013 - 03:55 GMT

What difference a week makes: Iran petrol consumption slips by 20%

Around 35,000 barrels of 45,000 barrels of oil extracted in Turkey every day come from the south-eastern provinces
July 24th, 2013 - 01:55 GMT

Turkey to increase investment in energy sector of south-eastern provinces

The winner
July 24th, 2013 - 10:15 GMT

Lucky winners of ENOC’s ‘Stop, Shop & Zoom’ promotion during DSS receive Hyundai Veloster car

Al Bawaba
July 24th, 2013 - 05:59 GMT

Omanoil gathers family and friends for annual staff iftar

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