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Oil and Renewables

Oil and Renewables latest

Gold jumps 2% to two-week high as weak U.S. data fuels Fed rate cut bets
November 10th, 2025 - 10:45 GMT
Albawaba Business

Albawaba Business

Gold jumps 2% to two-week high as weak U.S. data fuels Fed rate cut bets

ALBAWABA- Gold prices surged 2% on Monday to their highest level in two weeks, driven by mounting expectations of a Federal Reserve rate cut next month and renewed safe-haven demand amid global economic and geopolitical uncertainty. A softer U.S. dollar further bolstered bullion’s appeal. According to Reuters , spot gold climbed 2% to $4,078.45 per ounce by 09:56 GMT—its strongest level since October 27—while U.S. gold futures for December delivery ...
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During the event
February 11th, 2016 - 06:36 GMT

DEWA is strategic sponsor of AccessAbilities Expo 2016

Nader Al Fardan General Manager of EMGAS
February 10th, 2016 - 07:06 GMT

ENOC appoints Nader Al Fardan as General Manager of EMGAS

Iran's plan to boost oil production cloud prospects for a major rebound in crude oil prices. (File photo)
February 9th, 2016 - 10:00 GMT

Oil dips again as Saudi-Venezuelan talks make no mention of production cuts

QP have bought the 30% interest in Chevron's deep-water leases for exploration in Cap Rhir Deep, Cap Cantin Deep and Cap Walidia Deep. (Caspian Explorer)
February 9th, 2016 - 07:00 GMT

Qatar Petroleum buys stake in Chevron Morocco for offshore exploration

During the event
February 9th, 2016 - 05:50 GMT

MD & CEO of DEWA meets President and CEO of Siemens AG at World Government Summit

H.E Saeed Mohammed Al Tayer MD&CEO - DEWA
February 8th, 2016 - 06:19 GMT

DEWA to share its expertise and achievements at World Government Summit

Non-OPEC suppliers such a the US and Brazil rely on break-even costs above current prices. (Shutterstock)
February 7th, 2016 - 12:42 GMT

Low oil prices will drive non-OPEC producers to decrease output: report

Genel has received a total of $16.3M from the KRG for oil exported through a pipeline through Turkey. (Twitter)
February 7th, 2016 - 08:24 GMT

KRG oil exports earn $682M a month

Al Bawaba
February 4th, 2016 - 02:00 GMT

A glimmer of hope as analysts predict oil price rise by end 2016

The plant will push forward the green agenda and generate jobs for Bahrainis. (Shutterstock)
February 4th, 2016 - 10:28 GMT

Meba Bahrain to open country's first solar panel plant in September

Al Bawaba
February 2nd, 2016 - 12:00 GMT

Egypt green lights more Gulf of Suez drilling

Al Bawaba
February 2nd, 2016 - 09:20 GMT

Coordinated cuts to oil output unlikely despite Venezuelan push

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