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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 11th, 2015 - 09:52 GMT

A slight, yet positive, upsurge: OPEC daily basket price stood at $53.14 a barrel

Al Bawaba
February 11th, 2015 - 09:41 GMT

That didn't take long: Gasoline prices rise in Lebanon

EQUATE President & CEO Mohammad Husain
February 11th, 2015 - 12:09 GMT

EQUATE wins GPCA Plastics Excellence Award 2015

Al Bawaba
February 11th, 2015 - 11:01 GMT

DEWA highlights efforts to make Dubai the happiest city on earth at Government Summit 2015

Putin and Sisi made a brief statement after officials signed a memorandum of understanding to build a nuclear power plant in Dabaa on the Mediterranean coast – Egypt’s first
February 11th, 2015 - 08:03 GMT

Putin seen boosting Egypt relations with nuclear plant deal

Al Bawaba
February 11th, 2015 - 07:32 GMT

Saudi mandates fuel-efficiency stickers on 2015 cars

Al Bawaba
February 10th, 2015 - 10:18 GMT

UBS analyst: Brent to rebound, but further weakness ahead

The terminal can receive large oil vessels with storage capacities of up to 25,000 tonnes and has an unloading capacity of 300 metres per hour
February 10th, 2015 - 08:14 GMT

Aqaba LPG terminal to start operations by end of the month

In the fourth quarter of 2014, a total of 64 major contracts EPC, Feed and Subsea/SURF were awarded across 53 upstream developments
February 10th, 2015 - 06:53 GMT

Oil, gas contract levels in steady decline in Q4

Al Bawaba
February 9th, 2015 - 12:37 GMT

Not always depressing: Iraq's petrochemical sector to be lifted by Shell

During the event
February 9th, 2015 - 10:31 GMT

EQUATE visits Ahmadi Governor

Al Bawaba
February 8th, 2015 - 07:47 GMT

The unlikely survivors: Will Qatar and Kuwait be the only Gulf countries to survive an oil price slide?

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