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Oil and Renewables

Oil and Renewables latest

Oil and Gold Surge as Middle East Tensions Rattle Global Markets
March 3rd, 2026 - 06:25 GMT

Oil and Gold Surge as Middle East Tensions Rattle Global Markets

Escalating tensions in the Middle East have sent shockwaves through global markets, pushing oil and gold sharply higher and raising fresh questions about the near-term outlook for regional equities. Josh Gilbert, Market Analyst at eToro, said: “Markets hate uncertainty, and right now investors are facing one of the most unpredictable geopolitical backdrops in years. The key question is not just what has happened, but how long this disruption lasts and whether we see escalation or de-escalation in the coming days.” The Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market ...
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Al Bawaba
June 16th, 2014 - 04:25 GMT

Employees of Oman Oil Company support rehabilitation and health programmes at Muscat and Sohar

Escalating violence in Iraq drove crude oil and the dollar higher on Friday while damping the appetite for global equity markets, even as bullish news from the US tech sector lifted stocks on Wall Street.
June 16th, 2014 - 02:55 GMT

Escalating violence in Iraq drives up oil prices

The OPEC meetings since 2012 have produced no policy change.
June 15th, 2014 - 06:45 GMT

Pragmatic or simply bored? Saudi Arabia wants less OPEC meetings

Al Bawaba
June 15th, 2014 - 06:20 GMT

Emarat participates in a traffic awareness campaign for Road Travelers

Al Bawaba
June 12th, 2014 - 04:25 GMT

ENOC celebrates Hag El Leila with children at Rashid Centre for Disabled

The existence of rival governments and rival prime ministers in Tripoli are a nightmare for foreign oil companies, oil traders and diplomats.
June 11th, 2014 - 11:14 GMT

How Libya's oil troubles have literally become everyone's nightmare

Al Bawaba
June 11th, 2014 - 04:25 GMT

ENOC hosts seminar on ‘Self-development’

In January of this year, the Iraqi federal government cut the KRG's 17 percent share of the national budget after it opened a separate pipeline connecting to Ceyhan that bypassed Baghdad.
June 11th, 2014 - 03:55 GMT

Baghdad disregarded, again: more about the Kurdish oil shipments arriving to Turkey

Iran plans to boost annual petrochemical output to 180 million tons from around 60 million tons currently.
June 11th, 2014 - 03:55 GMT

Cheating sanctions? China to use Iran's frozen billions to build it a petrochemical plant

The Gulf state is also revising subsidies on electricity, water and petrol, currently sold at well below cost.
June 10th, 2014 - 08:34 GMT

Here comes the avalanche: Kuwait ends diesel subsidies over deficit fears

Although the plans for the construction operations have actually been suspended, the contracts have not been cancelled.
June 9th, 2014 - 01:32 GMT

Backtracking: Iran suspends plans to build refineries in Malaysia, Indonesia, and Syria

“The finance required to implement the projects is planned to be secured through attracting foreign investment,” he added.
June 9th, 2014 - 12:49 GMT

Another ambitious post-sanctions goal on the agenda: Iran plans to triple petrochemical exports

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