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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
August 27th, 2015 - 12:25 GMT

Kurds to support oil companies in Iraq with regular payments

Al Bawaba
August 27th, 2015 - 11:27 GMT

The rise and fall of Emirati fuel prices: UAE to cut petrol prices in September

Omanoil Terminal
August 26th, 2015 - 09:36 GMT

Omanoil achieves 23 years safety record at Mina Al Fahal distribution terminal

Al Bawaba
August 26th, 2015 - 09:21 GMT

Red Team puts final touches on ‘TM’ App before September launch

Muayad Faraj - IT SAP Solutions Group Leader and Barrak Al-Mattar - EQUATE IT Infrastructure Group Leader
August 25th, 2015 - 08:19 GMT

EQUATE earns international award in IT from SAP

Al Bawaba
August 25th, 2015 - 08:15 GMT

Jordan's PM appeals for international expertise at 2015 World Water Week in Stockholm

Al Bawaba
August 25th, 2015 - 07:16 GMT

Iran earmarks $50B in water and power investments

Al Bawaba
August 24th, 2015 - 02:45 GMT

Oil drops to record low as China’s ‘Black Monday’ grips the market

Al Bawaba
August 24th, 2015 - 05:09 GMT

RasGas concludes 10th Summer Internship Programme

Shuaiba is one of three oil refineries in Kuwait that produce a total of 930,000 barrels per day. (AFP/File)
August 23rd, 2015 - 03:28 GMT

Kuwait’s Shuaiba oil refinery resumes operations after fire

Al Bawaba
August 23rd, 2015 - 03:10 GMT

British, Iranian ministers meet to discuss energy ties after UK embassy reopening

Al Bawaba
August 23rd, 2015 - 08:54 GMT

Omanoil launches ‘Rehla’ in the governorate of Dhofar

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