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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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During the event
March 11th, 2015 - 11:33 GMT

Emirates Gas joins hands with Al Hamriya Port – DP World to conduct LPG safety training for seafarers

Al Bawaba
March 11th, 2015 - 09:24 GMT

Omanoil employees recognized for raising customer care benchmark in annual CEO Award of Excellence

Al Bawaba
March 11th, 2015 - 08:23 GMT

Back to Morsi's days? Egypt hit by new fuel crisis

World prices dropped at close on Friday as the dollar rose sharply, making dollar-priced crude more expensive for buyers using weaker foreign currencies.
March 10th, 2015 - 02:39 GMT

Kuwait: Oil prices to stabilize at $50, $60

Al Bawaba
March 10th, 2015 - 07:21 GMT

Aramco exaggerates? Senior exec claims $1 trillion worth of energy projects cancelled

A two-thirds drop in Asian LNG prices is making the fuel cost competitive against oil in the industrial power sector.
March 9th, 2015 - 12:46 GMT

It's never over: Goldman Sachs says oil prices can fall back to $40

During the event
March 9th, 2015 - 11:22 GMT

DEWA signs MoU with Hamdan bin Rashid Al Maktoum Award for distinguished academic performance

Al Bawaba
March 9th, 2015 - 07:12 GMT

RAK Petroleum reports Côte d'Ivoire Discovery

While admitting that the dramatic drop in oil prices was causing panic and fear in the market, he stressed that the UAE has seen worse.
March 8th, 2015 - 07:16 GMT

How the UAE plans to break free of oil dependency

During the event
March 8th, 2015 - 10:40 GMT

EQUATE, EPA, GPCA form partnership for Waste Free Environment campaign in Kuwait With the participation of over 300 employees, students & volunteers

During the visit
March 8th, 2015 - 08:43 GMT

MD & CEO of DEWA receives Malaysian Consul General in Dubai

Ghamsari said that the oil price wouldn't go above $60/barrel in the next two years.
March 8th, 2015 - 08:30 GMT

A new approach: Iran announces supporting cheap oil for the first time

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