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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 5th, 2016 - 05:46 GMT

DEWA takes part in Power Gen International 2015 in USA

Distribution of oil derivatives will be equally divided between Total, Manaseer Oil & Gas and JPRC, according to the ministry. (Panoramio)
January 5th, 2016 - 05:40 GMT

Jordan's JPRC monopoly to end with start of fuel imports

Al Bawaba
January 4th, 2016 - 12:00 GMT

Abu Dhabi National Energy Company taps North Sea oil field

Al Bawaba
January 4th, 2016 - 10:08 GMT

Masdar eyes more renewable energy projects in Jordan, Egypt, and Morocco

Prices of oil derivatives in the local market are calculated based on international oil prices. (File photo)
January 3rd, 2016 - 07:11 GMT

Jordan: Fuel prices lowered by up to10 percent

The government decision to amend fuel prices would come into effect on January 15 (Image:FIle/Photo)
January 3rd, 2016 - 06:48 GMT

Cheap oil’s latest casualty: Oman follows suit with subsidy cuts

During the event
January 3rd, 2016 - 05:58 GMT

Fire Directorate & EQUATE launch Stay Safe Desert Campaign

Al Bawaba
December 30th, 2015 - 11:00 GMT

Not even Daesh can escape the vagaries of the oil price slump

Al Bawaba
December 29th, 2015 - 10:40 GMT

'Marathon' meetings between Shell-BG and Leviathan partners to finalize Israel gas export to Egypt

OPEC's last meeting in November ended without concrete plans to change the status quo. (File photo)
December 29th, 2015 - 10:00 GMT

Russia's playing the blame game over oil prices

Al Bawaba
December 28th, 2015 - 02:00 GMT

Iran bases new budget on oil at $35

Al Bawaba
December 28th, 2015 - 09:59 GMT

OPEC forecasts 47 percent rise in global energy demand by 2040

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