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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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(AFP/File)
April 13th, 2020 - 08:09 GMT

Worsening Security Situation in N. Syria Stops Oil Fields From Operating

World Bank: COVID-19, Oil Price Meltdown Might Cost MENA Economies up to $116 Billion
April 12th, 2020 - 01:00 GMT

World Bank: COVID-19, Oil Price Meltdown Might Cost MENA Economies up to $116 Billion

Oil Traders’ Hopes Fade Due to Deal’s Uncertainty
April 6th, 2020 - 02:00 GMT

Oil Traders’ Hopes Fade Due to Deal’s Uncertainty

US: Oil & Gas Industry Activity Plunges 28.2 Percent in February
April 5th, 2020 - 01:30 GMT

US: Oil & Gas Industry Activity Plunges 28.2 Percent in February

(AFP/ File Photo)
April 5th, 2020 - 08:18 GMT

Houthis Attack Yemen's Oil Pumping Station in Marib - Saudi Reports

Question Marks Surrounding Oil Future as OPEC+ Meeting Gets Postponed
April 5th, 2020 - 07:30 GMT

Question Marks Surrounding Oil Future as OPEC+ Meeting Gets Postponed

Saudi Aramco Tops Middle East Most Valuable Brands’ List
April 1st, 2020 - 01:00 GMT

Saudi Aramco Tops Middle East Most Valuable Brands’ List

Saudi Arabia Denies Rumors of Contact with Russia over OPEC+ Deal
March 28th, 2020 - 11:00 GMT

Saudi Arabia Denies Rumors of Contact with Russia over OPEC+ Deal

Total to Slash Capex by $3 Billion in 2020
March 25th, 2020 - 01:30 GMT

Total to Slash Capex by $3 Billion in 2020

UAE Delays Productions of New Gas Field Due to COVID-19
March 25th, 2020 - 10:00 GMT

UAE Delays Productions of New Gas Field Due to COVID-19

Russia Stresses Strong Relations With Saudi Arabia Despite Oil Price Dispute
March 22nd, 2020 - 07:30 GMT

Russia Stresses Strong Relations With Saudi Arabia Despite Oil Price Dispute

Saudi Arabia to Keep Oil Supply at 12.3 Million bpd over the Coming Months
March 19th, 2020 - 10:49 GMT

Saudi Arabia to Keep Oil Supply at 12.3 Million bpd over the Coming Months

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