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Oil and Renewables

Oil and Renewables latest

Brent crude
March 3rd, 2026 - 08:24 GMT
Sally Shakkour

Sally Shakkour

Brent crude jumps by 4% to $81 per barrel

ALBAWABA - Brent crude increased by over 4 percent, hitting $81 per barrel in afternoon trade in Asia on Tuesday amid intensive attacks in the Middle East. Around 0800 GMT, Brent was trading up 4.41 percent at $81.17 per barrel, while West Texas Intermediate was up 3.99 percent at $74.07 per barrel, AFP reported Tuesday. Nonetheless, European gas prices also recorded an increase of another 30 percent on Iran.
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Al Bawaba
January 18th, 2015 - 04:55 GMT

A terrifying prophecy: oil prices could fall to $25, says Lukoil

Al Bawaba
January 17th, 2015 - 04:55 GMT

Coming to terms with reality? Iran lowers oil price for yearly budget to $40

Al Bawaba
January 15th, 2015 - 04:55 GMT

'Commercially unfeasible': Shell, Qatar scrap petrochemical project amidst oil price plunge

Al Bawaba
January 14th, 2015 - 01:42 GMT

Incentivized cooperation: will the oil price slide get the US to negotiate with OPEC?

Al Bawaba
January 14th, 2015 - 07:10 GMT

Emarat cuts prices of LPG Cylinders

Emirates A380
January 14th, 2015 - 05:14 GMT

Emirates showcases its 10 latest A380 routes in unique ‘mash-up’ video

Al Bawaba
January 14th, 2015 - 04:55 GMT

Gulf stocks run out of steam once again

Al Bawaba
January 14th, 2015 - 04:55 GMT

Moving swiftly: GCC plans new laws to combat 'bootlegging' fuel

Al Bawaba
January 13th, 2015 - 11:53 GMT

Six-year low: oil prices slump further

Iranian President Hassan Rouhani said Tuesday that countries behind the fall in global oil prices would regret their decision.
January 13th, 2015 - 07:56 GMT

A threat or a prophecy? Iran's Rouhani says countries behind oil price drop will suffer

Lebanon has witnessed a sharp decrease in fuel prices over the past month as Brent crude hit a five-and-a-half-year low of less than $50 a barrel.
January 13th, 2015 - 07:49 GMT

Another loser, another winner: Lebanon to cut transport fees as oil prices drop

Saeed Khoory, Chief Executive Officer of ENOC
January 13th, 2015 - 11:49 GMT

ENOC donates AED 1 million to the Tarahamu (Show Compassion) campaign

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