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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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Supply to the market – both domestically and for exports – may differ from production depending on the movement of barrels in and out of storage.
October 26th, 2014 - 04:55 GMT

Saudi Arabia's new oil tactic? Produce more, supply less

Al Bawaba
October 23rd, 2014 - 03:55 GMT

An identity crisis? Khamenei denounces Iran's oil reliance

Al Bawaba
October 22nd, 2014 - 11:45 GMT

Kuwait Energy announces discovery at Abu Sennan, Egypt

Al Bawaba
October 22nd, 2014 - 06:26 GMT

Emarat takes 20 fils off diesel price

Fuel prices in Jordan are “expensive” and do not match the average income of the majority of people, Majali said.
October 21st, 2014 - 09:47 GMT

Warmer winter, warmer state-society relationship? Jordanians brace themselves for 'substantially' lower fuel prices

can cover the country’s needs for around 275 years, according to Khaled Shraideh.
October 21st, 2014 - 09:29 GMT

Myth or reality? 'Oil shale reserves can cover Jordan's needs for 275 years'

Al Bawaba
October 21st, 2014 - 08:12 GMT

A global oil giant lost: Total CEO dies in drunkdriving Moscow runway collision

Al Bawaba
October 21st, 2014 - 07:53 GMT

DEWA completes transmission substations projects

 North America's shale boom has started to squeeze Saudi oil out of the US market,
October 20th, 2014 - 10:21 GMT

What market share? Saudi oil exports fall to lowest level in three years

Dr. Rahma bin Mohamed Al Shamsi, Retail Sales Director at Emarat
October 20th, 2014 - 06:26 GMT

Emarat seeks attracting investors to its brands

Al Bawaba
October 20th, 2014 - 04:26 GMT

DEWA launches Partnership Portal

For the MENA region, economic dynamics are increasingly diverging between the GCC countries and the rest of the region.
October 20th, 2014 - 03:55 GMT

One's catastrophe, another's celebration: Middle East's oil importing states benefiting lower oil prices

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