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Oil and Renewables

Oil and Renewables latest

The Laundromat: How Russian Oil Keeps Flowing Three Years After Sanctions
April 17th, 2026 - 10:10 GMT
Al Bawaba Staff

Al Bawaba Staff

The Laundromat: How Russian Oil Keeps Flowing Three Years After Sanctions

The Marquise is a 184-metre product tanker built two decades ago. It is not a glamorous vessel. It is old, it is slow by modern standards, and it has spent the past several years doing something unremarkable on paper: picking up cargoes of petroleum products at Russian export terminals and delivering them to ports scattered across Turkey and West Africa. What makes the Marquise interesting is not what it carries ...
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Brent crude oil steadied around $70 a barrel on Thursday as investors searched for a stable price range after a near 40 per cent fall since June.
December 4th, 2014 - 11:44 GMT

Oil steadies at around $70 dollars, further fall still possible

Al Bawaba
December 3rd, 2014 - 07:54 GMT

Pakistan to get 90% of its gasoil supply from Kuwait

Brent Crude prices fell to their lowest levels since December 2010 at $69.7 for early transactions Sunday.
December 3rd, 2014 - 06:57 GMT

Diverging fortunes: oil price decline has positive impact on Egypt

In the GCC region, Saudi Arabia’s PMI index for October retreated (59.8) from its peak in September (61.8) on lower crude oil prices.
December 3rd, 2014 - 04:55 GMT

A unfortunate development: Oil plunge to erase GCC market gains

Recent falls in international oil prices have triggered a rash of negative prognoses for energy producers in the Gulf
December 2nd, 2014 - 11:04 GMT

Crashing oil prices: geopolitical game or technical reality?

 
“The cabinet stressed that the Kingdom’s oil policy is emanating from economic fundamentals,
December 2nd, 2014 - 04:36 GMT

If you say so: Saudi Arabia says oil policy purely 'economic'

Al Bawaba
December 2nd, 2014 - 09:39 GMT

Omanoil’s Senior Management team work as fillers

Time is the most important but under-appreciated variable in analysis and forecasts of commodity markets.
December 2nd, 2014 - 05:55 GMT

Forget shale for a moment: Opec’s big problem is weak demand

Al Bawaba
December 2nd, 2014 - 04:55 GMT

The million dollar question (well, more): what oil price will break the GCC's budget?

Saudi Arabia’s bourse, where petrochemicals account for almost a third of total earnings, took the biggest hit among major markets,
December 1st, 2014 - 03:59 GMT

Panic mode: Gulf stocks 'bleeding'

Both U.S. crude and Brent have fallen for five straight months, oil’s longest losing streak since the 2008 financial crisis.
December 1st, 2014 - 11:43 GMT

How low/long can it go? Oil officially hits 5 year low in longest losing streak since 2008

“The market will dictate the right sustainable and stable price. ... We need to allow enough time for market stability,” he added.
December 1st, 2014 - 05:55 GMT

The tyranny of the minority? OPEC output decision 'not good for all', says Iran

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