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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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Saudi Aramco Announces $16.7 Billion Q1 Net Income
May 13th, 2020 - 07:30 GMT

Saudi Aramco Announces $16.7 Billion Q1 Net Income

Aramco to Reduce Oil Production for June by Extra 1 Million bpd
May 11th, 2020 - 02:00 GMT

Aramco to Reduce Oil Production for June by Extra 1 Million bpd

Saudi Arabia Cuts Local Fuel Prices Significantly
May 11th, 2020 - 10:30 GMT

Saudi Arabia Cuts Local Fuel Prices Significantly

Brent Crude Prices Rebound as Global Supply and Demand Started to Realign
May 10th, 2020 - 07:15 GMT

Brent Crude Prices Rebound as Global Supply and Demand Started to Realign

Aramco Raise Crude Selling Prices Up As Demand Recovers
May 8th, 2020 - 06:00 GMT

Aramco Raises Crude Selling Prices Up As Demand Recovers

Iran: Will Slashing Four Zeros From the Currency Save the Drowning Economy?
May 6th, 2020 - 09:00 GMT

Iran: Will Slashing Four Zeros From the Currency Save the Drowning Economy?

Is It Time for the Oil Industry to Be Discharged From the ICU?
May 6th, 2020 - 08:00 GMT

Is It Time for the Oil Industry to Be Discharged From the ICU?

Saudi Aramco Stores Sterilizing Materials in Oil Tanks
May 6th, 2020 - 07:30 GMT

Saudi Aramco Stores Sterilizing Materials in Oil Tanks

Saudi SABIC Posts Second Quarterly Loss Due to Low Oil Prices, Slump in Demand
May 5th, 2020 - 09:00 GMT

Saudi SABIC Posts Second Quarterly Loss Due to Low Oil Prices, Slump in Demand

Iraq: Oil Earnings Plummet Again to Multi-Year Low
May 2nd, 2020 - 06:30 GMT

Iraq: Oil Earnings Plummet Again to Multi-Year Low

With Countries Easing their Coronavirus Lockdowns, Will it be "Business as Usual" Soon?
May 1st, 2020 - 07:00 GMT

With Countries Easing their Coronavirus Lockdowns, Will it be "Business as Usual" Soon?

US Extends Iraq's 30-Day Waiver to Import Iranian Gas
April 27th, 2020 - 10:30 GMT

US Extends Iraq's 30-Day Waiver to Import Iranian Gas

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