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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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Al Bawaba
January 18th, 2016 - 06:40 GMT

Customers fuel up to feel good as Omanoil’s Farah Campaign rolls into 2016

During the signing ceremony
January 18th, 2016 - 05:47 GMT

DEWA launches initiatives to encourage reading & signs MoU with Mohammed bin Rashid Al Maktoum Foundation to support 2016 as Year of Reading

Al Bawaba
January 17th, 2016 - 02:00 GMT

Beyond the barrel: UAE ministerial retreat to mull alternatives to oil income

Al Bawaba
January 17th, 2016 - 12:54 GMT

DEWA to showcase promising initiatives and projects at World Future Energy Summit 2016

Al Bawaba
January 17th, 2016 - 08:00 GMT

Oil prices sink to new low following Iran's re-entry to market

Al Bawaba
January 17th, 2016 - 07:00 GMT

Winds of change: World leaders discuss environmental policy at ADSW 2016

Al Bawaba
January 17th, 2016 - 06:14 GMT

ENOC Tasjeel extends its services to Ras Al Khaimah

Al Bawaba
January 14th, 2016 - 07:52 GMT

ENOC sponsors UAE’s Night Creatures exhibit at Dubai Aquarium & Underwater Zoo

Oil prices play an important role in Saudi policy-making. (File photo)
January 14th, 2016 - 05:00 GMT

Dig in! Saudi to welcome foreign investment on oil exploration

Al Bawaba
January 13th, 2016 - 01:00 GMT

Dana Gas to halve spending, cut workforce in 2016

Al Bawaba
January 13th, 2016 - 11:05 GMT

Bahrain's subsidy reductions bite: gas prices jump 60 percent

Al Bawaba
January 13th, 2016 - 09:55 GMT

UAE dismisses need for emergency OPEC meeting following latest oil price drop

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