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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
September 13th, 2015 - 07:56 GMT

Iran discovers 'significant' quantity of uranium reserves

Total
September 13th, 2015 - 05:20 GMT

Total Jordan proudly inaugurates Al Yadoudeh 2 service station

ADNOC
September 10th, 2015 - 09:18 GMT

ADNOC Distribution announces increase in retail price of LPG cylinders in service stations across Northern Emirates

Eni's offshore oil terminal is seen off the Libyan coast. (AFP/File)
September 9th, 2015 - 02:38 GMT

Eni expects investment of $6-10 billion from Egyptian gas field

Egypt's petroleum minister said the country plans to pay another $400 million by the end of the year. (File photo)
September 9th, 2015 - 12:10 GMT

Egypt plans to cut debt owed to foreign oil firms to $2.5 billion

Iran used to export 200,000 barrels per day to the European country before the US imposed sanctions. (AFP/File)
September 8th, 2015 - 02:50 GMT

Iran 'ready' for Spain oil exports to return to levels before sanctions

A deal on exports between the KRG and Iraqi central government soured over payments. (File photo)
September 8th, 2015 - 05:02 GMT

Turkey's Halkbank to process KRG oil export payments

Oil makes up 96 percent of Venezuela's export revenue. (Photo courtesy Doha News)
September 6th, 2015 - 02:00 GMT

Venezuelan President Maduro in Qatar on oil support tour

During the event
September 6th, 2015 - 07:25 GMT

EQUATE participates in KISR summer training course graduation ceremony

Al Bawaba
September 6th, 2015 - 07:00 GMT

Iran ramps up border markets, eyes Kurdistan for fuel exports

Al Bawaba
September 5th, 2015 - 07:00 GMT

Noble Energy urges Israel to sanction gas deal for Mediterranean fields

Al Bawaba
September 3rd, 2015 - 09:31 GMT

Low oil prices hit Iraq’s revenue, down by nearly $1 billion in one month

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