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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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Gold and oil prices
October 2nd, 2024 - 06:40 GMT
Reema Tuqan

Gold and oil prices surge significantly following the Iranian attack on Israel

US stocks tank while oil prices climb amid Middle Mast escalation fears
October 1st, 2024 - 08:55 GMT

US stocks tank while oil prices climb amid Middle Mast escalation fears

Saudi Arabia projects long-term deficit amid vision 2030 spending
September 30th, 2024 - 09:09 GMT

Saudi Arabia projects long-term deficit amid vision 2030 spending

Saudi Arabia issues first license for gas cylinders sales
September 30th, 2024 - 06:45 GMT
Reema Tuqan

Saudi Arabia issues first license for gas cylinders sales

UAE petrol prices drop for October, gold remains at high records
September 30th, 2024 - 05:06 GMT
Reema Tuqan

UAE petrol prices drop for October, gold remains at high records

Kuwait plans to increase gasoline prices exclusively for expats
September 26th, 2024 - 05:33 GMT
Reema Tuqan

Kuwait plans to increase gasoline prices exclusively for expats

OPEC states that oil demand will rise to 120M barrels per day by 2050
September 25th, 2024 - 06:11 GMT
Reema Tuqan

OPEC: Oil demand will rise to 120M barrels per day by 2050

Oil prices jump amid Middle East tensions
September 24th, 2024 - 09:25 GMT
Reema Tuqan

Oil prices significantly jump amid Middle East tensions

Cyprus signs agreement with Greece for undersea electrical interconnection
September 22nd, 2024 - 07:15 GMT
Reema Tuqan

Cyprus signs deal with Greece for undersea electrical interconnection

Saudi Arabia set to establish first nuclear power plant
September 16th, 2024 - 08:21 GMT

Saudi Arabia set to establish first nuclear power plant

Saipem, the Italian company, wins $4 billion contract from QatarEnergy
September 16th, 2024 - 05:54 GMT
Reema Tuqan

Saipem, the Italian company, wins $4 billion contract from QatarEnergy

TAQA
September 16th, 2024 - 05:38 GMT

TAQA Announces New Unified Customer Facing Distribution Company and Launches New Brands for its Group Companies

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