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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 9th, 2015 - 10:53 GMT

ENOC announces new Board of Directors

Al Bawaba
August 6th, 2015 - 10:24 GMT

Air power: Oman completes first stage of wind farm project

Al Bawaba
August 6th, 2015 - 04:28 GMT

DEWA launches the Al Saada initiative the first smart innovative entertainment platform in the region

Oil prices falling below $45 a barrel could impact Iraq's revenues and create an even worse economic crisis. (AFP/File)
August 5th, 2015 - 04:05 GMT

Will falling oil prices plunge Iraq into a greater crisis?

The price of Brent crude oil fell below $50 per barrel last Monday. (AFP/File)
August 5th, 2015 - 06:45 GMT

Brent oil prices fall to the lowest level since January

Al Bawaba
August 5th, 2015 - 05:30 GMT

Iran increases oil production in field shared with UAE

Al Bawaba
August 4th, 2015 - 11:13 GMT

Iraq's Kurdish region to sell oil, pay companies

Al Bawaba
August 4th, 2015 - 11:31 GMT

DEWA uses drones to inspect PV panels on its Sustainable Building

Emirates National Oil Company
August 4th, 2015 - 10:56 GMT

First winner of ENOC’s ‘Win with ZOOM Summer Surprises’ campaign announced

Al Bawaba
August 4th, 2015 - 08:30 GMT

BW Gas secures bid for Egypt’s floating LNG terminal

In spite of the fifth largest natural gas reserves in the world, Saudi Arabia does not produce sufficient gas for power generation and for its vast petrochemical industry. (Shutterstock)
August 3rd, 2015 - 09:27 GMT

Feelin' the burn in Saudi: Domestic energy consumption is highest in MENA

Al Bawaba
August 3rd, 2015 - 07:20 GMT

UAE lifts fuel subsidies, prices expected to rise 24 percent

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