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Oil

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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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IMF: MENA Oil Exporting Countries to Lose $270 Billion in 2020
July 15th, 2020 - 07:00 GMT

IMF: MENA Oil Exporting Countries to Lose $270 Billion in 2020

Weatherford, IDC Team Up to Drill 20 Oil Wells in Iraq
July 14th, 2020 - 01:30 GMT

Weatherford, IDC Team Up to Drill 20 Oil Wells in Iraq

Lebanon in Discussions to Import Fuel from Kuwait
July 14th, 2020 - 11:00 GMT

Lebanon in Discussions to Import Fuel from Kuwait

Jordan: Oil Bill Falls 30.8 Percent in First-Third of 2020
July 13th, 2020 - 11:30 GMT

Jordan: Oil Bill Falls 30.8 Percent in First-Third of 2020

Oil Prices Trends Confirm OPEC+ Production Cuts Success
July 12th, 2020 - 07:30 GMT

Oil Prices Trends Confirm OPEC+ Production Cuts Success

Is OPEC+ Fulfilling The Global Oil Market's Needs?
July 9th, 2020 - 09:00 GMT

Is OPEC+ Fulfilling The Global Oil Market's Needs?

EIA Revises Up Brent Oil Price Forecast By $2.50 per Barrel for 2020
July 9th, 2020 - 08:30 GMT

EIA Revises Up Brent Oil Price Forecast By $2.50 per Barrel for 2020

Iran Cuts Oil Production to Lowest Point in 40 Years Amid Low Demand, Sanctions
July 8th, 2020 - 06:30 GMT

Iran Cuts Oil Production to Lowest Point in 40 Years Amid Low Demand, Sanctions

US: Crude Oil Stocks Fall by 7.2 Million Barrels
July 2nd, 2020 - 12:00 GMT

US: Crude Oil Stocks Fall by 7.2 Million Barrels

What Is the Impact of Price Reporting Agencies on the Oil Industry?
July 1st, 2020 - 10:30 GMT

What Is the Impact of Price Reporting Agencies on the Oil Industry?

Saudi Aramco Chief Optimistic About Oil Demand in H2 2020
July 1st, 2020 - 10:00 GMT

Saudi Aramco Chief Optimistic About Oil Demand in H2 2020

Shell to Write Down $22 Billion Due to COVID-19
July 1st, 2020 - 07:00 GMT

Shell to Write Down $22 Billion Due to COVID-19

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