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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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The oil market showed signs of edging up on Monday as Opec hinted that it might extend or even deepen its pledged output curbs. (Shutterstock)
December 25th, 2018 - 10:21 GMT

Will We Witness a Recovery in Oil Prices After Monday's Calamity?

OPEC and non-OPEC members agreed in early December to trim production by 1.2 million barrels a day from Jan. 1, in a bid to shore up sagging prices. (Shutterstock)
December 24th, 2018 - 09:35 GMT

OPEC: Oil Prices to Rebalance in 2019

Saudi Arabia and Russia both saw their crude oil output reach record high levels in October, with 10.7 million barrels per day (mbpd) and 11.4 mbpd, respectively. (Shutterstock)
December 24th, 2018 - 09:20 GMT

Brent Crude Exceeds $55 per Barrel

Suspension of operations at the oilfield has reportedly reduced crude oil production by some 315,000 barrels per day. (Shutterstock)
December 19th, 2018 - 09:08 GMT

Libya's Halted Oil Field Costs the Economy $32.5 Million per Day

During the event
December 19th, 2018 - 09:05 GMT

Oman Oil Marketing Company Awarded ‘ACCA Approved Employer’ Certificate

Larijani said, “government should be downsized. Once the electronic government is launched precisely, giant steps could be taken for downsizing the government.” (Shutterstock)
December 18th, 2018 - 09:05 GMT

Iran's 2019 Budget to Wean Itself Off Oil

It is a joint venture formed by Qatar Petroleum with a 70 percent interest, while ExxonMobil has a 17.6 percent interest, and ConocoPhillips has a 12.4 percent interest. (Shutterstock)
December 18th, 2018 - 07:38 GMT

Qatar to Pump $20 Billion in US Oil and Gas Sectors

During the event
December 18th, 2018 - 07:36 GMT

Shell Intilaaqah’s ‘Aspire and Inspire’ Programme Introduces Omani Entrepreneurs to Cash Crisis Management

Iraq’s booming oil output has come under increasing scrutiny from other producers. (Shutterstock)
December 18th, 2018 - 07:31 GMT

Iraq to up Its Oil Production to 5 Million Bpd in 2019

In 2018, Shell successfully hosted 11 courses across the Sultanate.
December 17th, 2018 - 10:43 GMT

Shell Continues to Empower and Enhance the Skills of Omanis Through Its Professional Courses

Rosneft and the National Iranian Oil Company (NIOC) signed a road map for strategic cooperation in oil and gas in Iran—cooperation which Rosneft’s chief executive Igor Sechin said would involve a total of US$30 billion of investments. (Shutterstock)
December 17th, 2018 - 09:11 GMT

Russia's Rosneft Walks out of $30 Billion Joint Oil and Gas Projects With Iran

Oman Oil Marketing Company- Optimo Roadshow
December 16th, 2018 - 06:34 GMT

Oman Oil Marketing Company Rolls-Out Special Optimo Engine Oils Roadshow in Mabela Industrial Area

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