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Oil and Renewables

Oil and Renewables latest

Iran war
March 2nd, 2026 - 04:11 GMT
Al Bawaba Staff

Al Bawaba Staff

The Macroeconomic Shock of the Iran War: Global Consequences for Markets, Commodities, and Growth

Dr. Gil Feiler The recent military escalation involving Iran, the United States and Israel constitutes a major geopolitical shock with deep and multifaceted consequences for the global economy. Emerging evidence indicates that the conflict has triggered market volatility, disrupted energy supply chains, and created cascading effects across commodities, financial markets, and industrial sectors — potentially slowing global growth and affecting inflation dynamics. Energy Markets: Supply, Prices, and the Strait of ...
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EMGAS announces change to LPG cylinder seals
July 29th, 2018 - 09:22 GMT

EMGAS & Emarat Announce New LPG Cylinder Seals in Dubai to Ensure Best-In-Class Quality and Safety Assurance

The Minister indicated that Saudi Arabia is temporarily halting all oil shipments through Bab-El-Mandeb Strait until the situation becomes clearer. (Shutterstock)
July 26th, 2018 - 08:12 GMT

Saudi Arabia Halts Oil Shipments Through Red Sea After Houthi Attacks

Iraq exported about 625 million barrels of oil during the first half of the year, compared with 592 million barrels over the same period in 2017. (Shutterstock)
July 25th, 2018 - 11:25 GMT

Iraqi Oil Exports Increase Despite the Unsettled Situation in Basra

This is due to US withdrawal from the Iran nuclear deal and US President Donald Trump’s determination to bring Iran’s oil exports to a standstill. (Pexels)
July 24th, 2018 - 11:52 GMT

Crude Oil Markets to Face Fluctuating Prices

During the opening ceremony
July 23rd, 2018 - 09:56 GMT

ENOC Opens New Service Station in Al Barsha

The kingdom's total crude supply to the market in June were even higher than well-head production. (Shutterstock)
July 22nd, 2018 - 08:36 GMT

Saudi Arabia to Drop Crude Oil Exports by Approximately 100,000 bpd

Aramco plans to boost investments in refining and petrochemicals to secure new markets for its crude. (Shutterstock)
July 19th, 2018 - 08:02 GMT

Aramco Mulls over Acquisition a Stake in SABIC

The Israeli military said that it will only allow foods and essential medicines to cross. (AFP)
July 18th, 2018 - 10:11 GMT

Israel Halts Fuel, Gas Transferring into Gaza Despite Ceasefire

The Institute of International Finance (IIF) has raised the projected UAE real GDP growth from 2.1 per cent to 2.4 per cent for 2018 and maintained 2.7 per cent forecast for the next year. (Shutterstock)
July 17th, 2018 - 08:42 GMT

UAE Economy to Improve Due to Higher Crude Oil Prices

More than 13 tribes on Wednesday announced they were backing the request of the Bani Mansour, the tribe of the protester killed by police. (AN)
July 12th, 2018 - 11:39 GMT

Basra Oil Protests Grow, Iraqi Tribes Demand Jobs in Iraq's Main Oil Hub

Total spending was 16.88 billion dinars, more than total revenue of LDY 16.7 billion. (Shutterstock)
July 12th, 2018 - 08:41 GMT

Libya Earns More Than $11 Billion in Oil Revenue in H1 2018

 (KPC) signs a cooperation agreement with China's ShanDong Refining and Chemical Group to market Kuwaiti crude oil.(KUNA)
July 11th, 2018 - 08:39 GMT

Kuwait Signs With China Crude Oil Joint Marketing Deal

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