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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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Saif Al Falasi adressing Dubai Government stakeholders and ENOC business units at ERM seminar
December 17th, 2015 - 06:34 GMT

Energy Efficiency & Resource Management a necessity for companies in a carbon-aware era, says ENOC chief

During the event
December 16th, 2015 - 11:37 GMT

DEWA wins 2 awards at Middle East Solar Awards

Al Bawaba
December 15th, 2015 - 09:50 GMT

Knesset blocks Netanyahu's gas field development plan

Al Bawaba
December 15th, 2015 - 06:00 GMT

Egypt's 'the only way out' for Israeli gas: minister

According to a United Nations report, 2,000 to 3,000 Daesh members are currently in Libya. (Al Bawaba/File)
December 14th, 2015 - 10:37 GMT

France warns of Daesh's growing mission for oil in Libya

The latest impetus has risen on the agenda following Israel's announcement of plans to exploit gas reserves off the southern coast. (File photo)
December 13th, 2015 - 10:00 GMT

Will Lebanon finally pave the way for approval of gas exploration tender?

While GCC banks have adequate liquidity, Fitch says that banking performance indicators will be affected by lower credit demand and rising funding costs. (Shutterstock)
December 13th, 2015 - 09:14 GMT

Cheap oil hits GCC banks’ ratings: Fitch

During the event
December 13th, 2015 - 06:27 GMT

DEWA signs MoU with Kallman Worldwide to boost US participation in 18th WETEX

Al Bawaba
December 13th, 2015 - 05:11 GMT

COP21: 'Historic' climate change deal reached in Paris, but is it enough?

ROSATOM
December 10th, 2015 - 12:16 GMT

ROSATOM presented modern Russian nuclear technologies in Bolivia

Farah campaign
December 10th, 2015 - 11:50 GMT

Omanoil brings happiness to filling stations across Oman as Farah campaign builds-up

Al Bawaba
December 10th, 2015 - 11:00 GMT

Saudi Arabia stands its ground at COP21

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