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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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Venezuela, a noted price hawk, would try for an output agreement within OPEC on Thursday instead.
November 26th, 2014 - 07:28 GMT

The pretext to a vicious supply game? OPEC's major oil powers fail to reach 'impromptu' agreement on output

if Opec wants to do a quick fix it could agree on a sharp reduction in output until a balance between supply and demand has been re-established.
November 26th, 2014 - 12:17 GMT

To cut or not to cut: OPEC's existential question


Key will be what the club's biggest producer and exporter Saudi Arabia decides.
November 26th, 2014 - 12:09 GMT

Oil sinks below $80 as signs of output cut fade

The firm will be charged with "corruption of foreign public officials",  in a case that dates back some 20 years.
November 26th, 2014 - 11:33 GMT

Totally messed up: Total to finally face charges over bribing Iranian officials

Al Bawaba
November 26th, 2014 - 10:12 GMT

DEWA organises 4th Creativity and Innovation Conference

Al Bawaba
November 25th, 2014 - 09:20 GMT

Sanctions, oil prices cost Russian economy $140 billion a year

Al Bawaba
November 24th, 2014 - 05:19 GMT

ENOC opens third ZOOM outlet in Dubai Healthcare City

There has been a diversity of opinion expressed in public statements by oil ministers,
November 23rd, 2014 - 01:26 GMT

With everything at stake, OPEC keeps everyone guessing its next output move

Al Bawaba
November 23rd, 2014 - 11:38 GMT

DEWA organises Health and Safety Week 2014

Mr. Abdulla Hassan Al Noman, Senior Manager Retail Operations at Emarat
November 23rd, 2014 - 09:51 GMT

A new promotional campaign at Emarat's service stations "Spend & Win" 2 LUXGEN Cars

The President & CEO of EQUATE Petrochemical Company Mohammad Husain
November 23rd, 2014 - 09:16 GMT

EQUATE sponsors 9th GPCA Annual Forum

 
Total cost would be between $1.5-$2 billion, the company said, and supplies to Egypt would start flowing in 2017
November 23rd, 2014 - 04:55 GMT

Israeli Tamar Gas to 'reach out' to Egypt with new pipeline

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