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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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Abdulrahman Qassim Al Ali with the visiting delegation
April 27th, 2015 - 07:32 GMT

Delegation from KAFCO Kuwaiti Company discusses cooperation with Emarat

During the event
April 26th, 2015 - 10:15 GMT

MD & CEO of DEWA receives Consul General of the Republic of Tajikistan in Dubai

Al Bawaba
April 26th, 2015 - 04:55 GMT

Saudi Arabia has a 'solution' to the global surplus of oil

The Iranian president noted that his administration also managed to increase the budget for the country’s development over the past two years (image: on file).
April 26th, 2015 - 04:55 GMT

Iran’s dependence on oil hits record low, says Rouhani

Al Bawaba
April 23rd, 2015 - 04:55 GMT

A crash diet? Saudi Arabia to trim oil supply to Asia

The initial oversupply came mostly from a boom in US shale production, which was turning Americans from OPEC's biggest customer into a competitor (image: on file).
April 22nd, 2015 - 07:30 GMT

Confident oil will rise, OPEC claims to be winning the price war

Al Bawaba
April 21st, 2015 - 08:04 GMT

Not out of thin air: Morocco's wind energy aspirations gaining momentum

Al Bawaba
April 21st, 2015 - 07:21 GMT

Maxed out? US shale oil output to fall for first time in 4 years

ENOC
April 21st, 2015 - 04:31 GMT

ENOC highlights its sustainability initiatives at WETEX 2015

Al Bawaba
April 20th, 2015 - 04:36 GMT

Crude behavior: SABIC profits plummet, stocks surge

During the event
April 20th, 2015 - 11:18 GMT

DEWA organises France-DEWA Seminar in collaboration with French Business Council and Business France

Al Bawaba
April 20th, 2015 - 10:29 GMT

ENOC Retail and Tasjeel win Dubai Quality Award for continued commitment to quality

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