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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
February 16th, 2015 - 08:36 GMT

The battle for market share intensifies: Iran, Iraq fight for Asian oil buyers with monumental discounts

ADNOC
February 16th, 2015 - 05:57 GMT

Masdar Institute commends longstanding partner ADNOC for its continuing contribution to the YFEL Program

Al Bawaba
February 16th, 2015 - 04:26 GMT

Recycling Mubarak's pipelines: why Egypt 'doesn't mind' Israeli gas

The fields in Abu Dhabi produce 1.6 million barrels per day and are expected to reach 1.8 million bpd from 2017, which would account for 6 percent of Total’s output.
February 15th, 2015 - 05:19 GMT

Total CEO boasts new Abu Dhabi 'blockbuster' concession

Global oil prices rallied this week having fallen 60 percent in six months.
February 15th, 2015 - 04:32 GMT

An impending economic 'implosion': Libya and the real risk of a bankrupt state

left to right Adel Al-Munifi and Hadi Abul
February 15th, 2015 - 10:32 GMT

Kuwait Styrene realizes USD 126 Million net profit in 2014 Sales value exceeds USD 807 million

Al Bawaba
February 15th, 2015 - 09:30 GMT

Higher prices forecasted: are OPEC's contentious oil tactics finally paying off?

During the event
February 15th, 2015 - 09:11 GMT

DEWA launches ‘MyDEWAIdeas’ portal to encourage staff to share creative ideas and suggestions

During the event
February 12th, 2015 - 11:27 GMT

EQUATE breaks ground of new HQ under patronage of Ahmadi Governor Building meets environment friendly & power saving global standards

Emirates Gas
February 12th, 2015 - 10:30 GMT

EMGAS supports Dubai Food Carnival 2015 with LP Gas and Gas Network

Al Bawaba
February 12th, 2015 - 08:30 GMT

How about reducing conflict first? South Sudan eyeing mining to reduce dependency on oil

The plan will aim to bolster the State’s gross domestic product (GDP)
February 12th, 2015 - 07:30 GMT

Betting on denial: Kuwait shrugs off oil price drop; plans $116bn spend

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