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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
April 14th, 2015 - 04:55 GMT

Oil prices continue to sustain modest gains

The company signed an exploration and production-sharing agreement in December 2013 for Block 41
April 13th, 2015 - 10:10 GMT

Totally done: Total pulls out of Oman's offshore gas exploration

Al Bawaba
April 13th, 2015 - 03:36 GMT

The friendly trio: China to build $2 billion Iran-Pakistan 'peace pipeline'

During the event
April 13th, 2015 - 05:09 GMT

DEWA completes preparations for Water, Energy, Technology and Environment Exhibition (WETEX 2015)

Al Bawaba
April 13th, 2015 - 03:55 GMT

Iran to start oil exploration on Turkmen border

Shell’s new BG acquisition gives it access to lucrative assets in Australia, Brazil , UK, Egypt and Norway. (Image: Wikipedia)
April 11th, 2015 - 05:00 GMT

Better together? More mergers foreseen after $70 billion Shell takeover of BG

Al Bawaba
April 9th, 2015 - 11:16 GMT

Daesh’s loss of oil fields cuts off crucial revenue

Al Bawaba
April 9th, 2015 - 06:33 GMT

Oman: 7.5% decline in year-on-year petrol output

A comprehensive, binding, irreversible, verifable treaty is the most effective and practical way to eliminate nuclear weapons (image: file/photo)
April 9th, 2015 - 06:12 GMT

Iran pushes for action on global nuclear disarmament

Dubai Government Excellence Programme 2015
April 9th, 2015 - 03:50 GMT

DEWA wins four awards at the Dubai Government Excellence Programme 2015

Al Bawaba
April 8th, 2015 - 07:06 GMT

Iran's nuclear pact will better the GCC

Al Bawaba
April 8th, 2015 - 06:10 GMT

Beijing: Iran and China discuss oil and investments

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