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Oil posts steepest weekly drop in months as US-Iran deal ease supply concerns
June 20th, 2026 - 01:56 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Oil posts steepest weekly drop in months as US-Iran deal ease supply concerns

ALBAWABA- Global oil prices recorded their sharpest weekly decline in months, with Brent Crude falling about 8% over the week, as a renewed ceasefire between Israel and Hezbollah and progress on the US-Iran agreement eased concerns over potential disruptions to global energy supplies. Although prices edged higher on Friday, markets remained under pressure as geopolitical risk premiums continued to fade amid signs of improving stability in the Middle East. Brent ...
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 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

Al Bawaba
October 20th, 2014 - 03:55 GMT

Fifty years later, things get tense: Kuwait union slams Saudi 'unilateral' halt to joint output

Al Bawaba
October 20th, 2014 - 03:55 GMT

Could the trend be reversing? Dubai rents fall for first time since 2012

The two-week trip sets back each participant at least £9,000 ($14,333) and some as much as £25,000 including.
October 19th, 2014 - 11:51 GMT

Historic luxury: $14000 Budapest-Tehran train ride launched

Shiraz will become the airline's third Iranian destination supplementing existing operations to Tehran.
October 19th, 2014 - 11:22 GMT

Gulf Air goes back to Iran

Al Bawaba
October 19th, 2014 - 10:08 GMT

Palestinian construction billionaire, Said Khoury, passes away at 91

On receipt of the funds from refiners, the RBI would buy dollars from authorized dealers.
October 19th, 2014 - 12:01 GMT

India is about to pay Iran half a billion dollars, and that's the 'tip' of the oil deal

 “To return iPad to high growth, form factor innovation will be required. We’ll have to wait until 2015 to see if Apple addresses this issue.”
October 19th, 2014 - 11:49 GMT

A defining moment? Apple launches ipad Air 2, world's slimmest tablet

ICT experts downplayed the impact of Yahoo’s decision to close its office in Amman, but urged authorities to do more to make Jordan more attractive for international ICT companies.
October 19th, 2014 - 11:18 GMT

ICT experts downplay the impact of Yahoo office closure in Amman, says more attention is needed

Four banks were also listed as being owned or controlled by the Syrian government and sanctioned.
October 19th, 2014 - 11:08 GMT

Allegations denied: US blacklists Lebanese firm for shipping banknotes to Syrian central bank

“The main terminal is fairly lackluster. It isn’t overly clean, crowds can be a problem, and the services for travelers are in short supply."
October 19th, 2014 - 11:02 GMT

'The Guide to Sleeping in Airports': Jeddah airport second worst in the world

Kuwait has boasted a budget surplus in each of the past 15 fiscal years, helping to increase its sovereign wealth fund to more than $500 billion, according to unofficial estimates.
October 19th, 2014 - 03:55 GMT

There's no going back: Kuwait quietly triples diesel and kerosene prices

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