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Oil

Oil latest

Tanker in Strait of Hormuz
July 8th, 2026 - 08:10 GMT
P. Choiaqo

P. Choiaqo

Oil prices jump as Iran and US renew strikes on each other

ALBAWABA - Oil prices surged on Wednesday and continue to trend upward as the U.S. and Iran renew strikes on each other. It seems that the war will not be over quickly, as major breaches of the MoU took place on Wednesday, it started when Iran hit three vessels in the Strait of Hormuz, a Qatari LNG tanker named ‘Al Rekayyat’, along with a Saudi Supertanker ‘Wedyan’, and another unidentified ...
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Gov’t to boost Egypt oil production by 11% in 2023
June 4th, 2023 - 01:06 GMT

Gov’t to boost Egypt oil production by 11% in 2023

Oil prices up on US debt deal, jobs data
June 4th, 2023 - 11:20 GMT

Oil prices up on US debt deal, jobs data

Discretion surrounds OPEC+ meeting
June 4th, 2023 - 10:12 GMT

Discretion surrounds OPEC+ oil policy meeting

ADNOC Logistics share jumps 50% in first IPO
June 1st, 2023 - 07:28 GMT

ADNOC Logistics share jumps 50% in first IPO

Oil prices fall on China data, stronger US dollar
May 31st, 2023 - 11:44 GMT

Oil prices fall on China data, stronger US dollar

Oil prices drop on OPEC+, US debt ceiling deal uncertainty
May 30th, 2023 - 09:26 GMT

Oil prices drop on OPEC+, US debt ceiling deal uncertainty

EU relieved by declining gas prices
May 28th, 2023 - 12:34 GMT

EU relieved by declining gas prices

Oil prices rise on higher demand, tighter supply
May 23rd, 2023 - 09:14 GMT

Oil prices rise on higher demand, tighter supply

Oil prices slipped on Monday to $74.85 and $70.96 per barrel of Brent and West Texas Intermediate (WTI) crudes, respectively
May 22nd, 2023 - 09:38 GMT

Stuck in OPEC+’ trap, oil prices fall again

US inventory data suppress oil prices
May 18th, 2023 - 09:04 GMT

US inventory data suppress oil prices

Saudi non-oil sector to grow 4.7% - World Bank
May 17th, 2023 - 01:19 GMT

Saudi non-oil sector expected to grow 4.7% - World Bank

Qatar's $10b gas contract goes to French-Arab joint venture
May 17th, 2023 - 08:15 GMT

Qatar's $10b gas contract goes to French-Arab joint venture

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