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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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Stocks are almost in freefall mode after a night of violent protests
December 6th, 2012 - 10:57 GMT

Egyptian stocks slide after violent protests

GCC states are planning a big spend on oil infrastructure projecta
December 6th, 2012 - 09:51 GMT

The GCC's oil infrastructure spending spree

Turkey should avoid any sanctions slapped on Iran
December 6th, 2012 - 09:43 GMT

Turkey should continue to import oil from Iran and avoid sanctions

Ding ding, round 2! Apple and Samsung back in court
December 6th, 2012 - 09:02 GMT

When two tribes go to war: Apple and Samsung back in court

Jordan is set to receive more Saudi money
December 6th, 2012 - 08:14 GMT

Jordan receives Saudi cash

Bahrain's economy is set to grow at 2.4 per cent this year
December 6th, 2012 - 08:05 GMT

Bahrain: Growth forecast to be slower than global average

Egypt's balance of payment deficit shrinks as imports decrease
December 6th, 2012 - 04:00 GMT

Egypt's balance of payment deficit shrinks

Ousted Tunisian President  Ben Ali's assets are to be sold to try and help Tunisia's financial recovery
December 5th, 2012 - 12:15 GMT

Fancy some swag? Ben Ali's assets up for sale

Kuwait's budget surplus is growing
December 5th, 2012 - 12:07 GMT

Kuwait's budget surplus on the rise

A UAE visa amnesty is underway, with thousands already thought to have taken advantage in the first 24 hours
December 5th, 2012 - 11:28 GMT

UAE visa amnesty underway

Workers at Sharm El Sheikh airport in Egypt are on partial strike over pay and conditions
December 5th, 2012 - 10:43 GMT

Egypt: Strike at Sharm El-Sheikh airport

OPec boss Abdullah Al-Badri has said that oil supply remains at comfortable levels
December 5th, 2012 - 10:33 GMT

Oil supplies comfortable, Opec boss says

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