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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
October 12th, 2015 - 09:48 GMT

EQUATE sponsors GPCA Responsible Care Conference 2015

Israel annexed the southern part of the Golan in 1981, and Syria wants it back. (AFP/File)
October 11th, 2015 - 08:58 GMT

Fuel to the fire? Major oil and gas reserves discovered in the Golan Heights

Al Bawaba
October 7th, 2015 - 12:37 GMT

Unresolved but undeterred: KRG oil exports up by 31 percent in September

Omanoil
October 7th, 2015 - 09:55 GMT

Omanoil discusses industry challenges and opportunities at PetroForumMENA2015

Rosatom
October 6th, 2015 - 08:49 GMT

Rosatom launches MOX fuel production for fast reactors

According to industry expert Shaheen Chohan, oil prices could drop to $60 a barrel in the next 12-18 months. (Al Bawaba/File)
October 5th, 2015 - 03:53 GMT

Middle East governments expected to tighten their belts as oil prices continue to fall

Al Bawaba
October 1st, 2015 - 02:39 GMT

Gulf Petroleum says Kurdish oil reserves at least double expected amount

Al Bawaba
October 1st, 2015 - 10:13 GMT

Committing to clean energy: US, UAE strengthen cooperation

Al Bawaba
October 1st, 2015 - 02:22 GMT

US offers $5 million reward for tips that would help take down Daesh’s oil trade

Al Bawaba
October 1st, 2015 - 01:56 GMT

Iran signs off on new oil contracts

Al Bawaba
October 1st, 2015 - 01:45 GMT

Egypt begins its first foreign venture with a search for oil in Iraq

Al Bawaba
September 29th, 2015 - 08:11 GMT

Oil refinery in Yemen's Port of Aden resumes operations after six months

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