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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 2nd, 2015 - 02:54 GMT

Iran announces plans to produce four million barrels of oil per day by 2016

Al Bawaba
September 2nd, 2015 - 05:53 GMT

Masdar showcasing renewable energy desalination project in drought-stricken California

Al Bawaba
September 1st, 2015 - 12:20 GMT

OPEC: Iran plans $185 billion worth of oil and gas projects for the year

Al Bawaba
September 1st, 2015 - 07:00 GMT

Libya: Car bomb hits developer of Egyptian gas find

Al Bawaba
September 1st, 2015 - 06:00 GMT

Oman mulls import of LNG to meet local demand

Al Bawaba
August 31st, 2015 - 11:00 GMT

Jordanian-Israeli 'water-swap' draws critics

Al Bawaba
August 31st, 2015 - 10:00 GMT

Egypt: Nile oil leak prompts contingency planning

Oman continues to increase spending on oil production despite calls for more diversity in Gulf funds. (AFP/File)
August 31st, 2015 - 09:00 GMT

Oman increases oil, gas spending by 50 percent

Al Bawaba
August 31st, 2015 - 08:00 GMT

Largest Egyptian gas reserve discovered in the Mediterranean

During the visit
August 31st, 2015 - 03:44 GMT

KACARE delegation visits Masdar City

Al Bawaba
August 30th, 2015 - 12:44 GMT

Fire at Saudi Aramco complex claims 11 lives, injures over 200

During the event
August 30th, 2015 - 09:12 GMT

EQUATE visits General Administration of Customs

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