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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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Saudi Aramco IPO to Be Launched Within Two Years (Shutterstock)
March 7th, 2019 - 08:12 GMT

Saudi Aramco IPO to Be Launched Within Two Years


Oil prices increased on Tuesday as US West Texas Intermediate (WTI) crude oil futures were at $56.28 per barrel. (Shutterstock)
March 6th, 2019 - 11:50 GMT

OPEC to Announce Output Policy in June

One of Libya's most important oil fields is set to reopen nearly three months after it was taken over by an armed group. (Shutterstock)
March 6th, 2019 - 11:39 GMT

Libya to Reopen Major Oil Field After Being Captivated for 3 Months

Saudi Economy Improving Due to Oil Prices' Recovery. (Shutterstock)
March 6th, 2019 - 11:11 GMT

Report: Saudi Economy Improving Due to Oil Prices' Recovery

OPEC Oil Supply Reaches Lowest in Four Years. (Shutterstock)
March 3rd, 2019 - 08:22 GMT

OPEC Oil Supply Reaches Lowest in Four Years

Prices have increased after declining for four consecutive months. (Shutterstock)
March 1st, 2019 - 07:32 GMT

Higher Petrol Prices This Month in UAE

This will strengthen the UAE's position as a reliable supplier of crude oil. (Shutterstock)
February 28th, 2019 - 10:40 GMT

UAE to Build World's Largest Crude Oil Storage Facility in Fujairah

Investments in Mediterranean Gas Fields Exceed $27 Billion. (Shutterstock)
February 27th, 2019 - 12:41 GMT

Egypt: Investments in Mediterranean Gas Fields Exceed $27 Billion

Al Bawaba
February 27th, 2019 - 09:34 GMT

Crude Prices Down Post Trump's Criticism of OPEC

The oil industry is on the decline, and petrol-burning motor cars will soon be replaced by electric vehicles. (Shutterstock)
February 26th, 2019 - 11:48 GMT

Saudi Aramco: Oil Industry Faces 'Crisis of Perception'

Brent closed at $67.25 per barrel while WTI traded at $57.11 per barrel at the same time. (Shutterstock)
February 26th, 2019 - 08:45 GMT

Brent Crude Falls to $67 Per Barrel

Both parties have agreed that Iraqi goods imported through the Aqaba Port will be offered discounted port rates up to 75 percent. (Shutterstock)
February 25th, 2019 - 10:25 GMT

10,000 Oil Barrels to Enter Jordan Daily From Iraq

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