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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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Development of the part jointly owned with the Saudis has been frozen for a year, according to Al-Rai.
November 3rd, 2014 - 05:55 GMT

First oil, now gas: Kuwait, Saudi Arabia in new conflict over energy

 Saudi Arabia slashed November prices last month, sparking talk of an emerging price war.
November 2nd, 2014 - 10:27 GMT

Strong Dubai, weak oil demand source of Saudi pains

Al Bawaba
November 2nd, 2014 - 08:37 GMT

DEWA rolls out AED 39,000 Best Consumer Awards for 2014

Al Bawaba
November 2nd, 2014 - 07:07 GMT

Emarat carries out a successful fire drill in the Central Workshop in Al Qusais

Cyprus, a member of the European Union, is anxious to develop the gas reserves in its so-called exclusive economic zone -- an offshore region lying south of the island.
October 31st, 2014 - 12:01 GMT

Please stop: Greece, Egypt, Cyprus urge Turkey to quit 'illegal' gas search

Al Bawaba
October 30th, 2014 - 09:43 GMT

ENOC Lubricants Marketing highlights capabilities of ELOMP at the 11th ME Base Oils & Lubricants Conference

The price of benchmark North Sea Brent crude has dropped more than a quarter from a high above $115 per barrel
October 29th, 2014 - 07:29 GMT

'Don't Panic' says OPEC Secretary General

Al Bawaba
October 29th, 2014 - 09:25 GMT

ENOC hosts breast cancer awareness day in partnership with Pink Caravan

Brent is set to average $85 a barrel in the first quarter, down from a previous forecast of $100.
October 28th, 2014 - 05:56 GMT

A self-fulfilling prophecy? Not really. Goldman Sachs slashes oil price forecast, brings prices further down

Al Bawaba
October 28th, 2014 - 10:29 GMT

Cylingas EHS statistics records, 1.2 Million safe man hours without LTI, on various phases of Project ELOMP

Al Bawaba
October 28th, 2014 - 07:34 GMT

RAK Petroleum to launch initial public offering in Norway

Iraq's oil supplies were held back by decades of war and sanction
October 27th, 2014 - 07:42 GMT

What IS? Iraq oil exports undettered by regional turmoil

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