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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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Iraq Considers Turkey as Alternative Route for Basra Oil Exports
November 12th, 2019 - 09:04 GMT

Iraq Considers Turkey as Alternative Route for Basra Oil Exports

Iran: New Oilfield to Add 22.2 Billion Barrels Only to Reserves
November 12th, 2019 - 07:40 GMT

Iran: New Oilfield to Add 22.2 Billion Barrels Only to Reserves

Lebanon: Endemic Corruption Causes Shortages in Fuel, Electricity and Medicine
November 11th, 2019 - 08:53 GMT

Lebanon: Endemic Corruption Causes Shortages in Fuel, Electricity and Medicine

Saudi Aramco's IPO to Start on November 17
November 11th, 2019 - 08:47 GMT

Saudi Aramco's IPO to Start on November 17

New Oilfield Discovered in Iran with 53 Billion Barrels of Crude
November 11th, 2019 - 08:33 GMT

Iran: New Oilfield Discovered with 53 Billion Barrels of Crude

Equipment For Offshore Oil and Gas Exploration Arrives in Beirut
November 10th, 2019 - 01:00 GMT

Equipment For Offshore Oil and Gas Exploration Arrives in Beirut

Iraq’s Oil Production, Exports Remain Stable Amid Protests
November 10th, 2019 - 07:00 GMT

Iraq’s Oil Production, Exports Remain Stable Amid Protests

Regional Bourses to Stay Bearish Ahead of Aramco IPO
November 6th, 2019 - 08:00 GMT

Regional Bourses to Stay Bearish Ahead of Aramco IPO

UAE Ranks Sixth Globally in Oil, Gas Reserves
November 5th, 2019 - 07:00 GMT

UAE Ranks Sixth Globally in Oil, Gas Reserves

UAE Is Over 100 Percent Committed to OPEC+ Agreement
November 4th, 2019 - 07:00 GMT

UAE Is Over 100 Percent Committed to OPEC+ Agreement

Ethiopia to Start Importing Cheaper Oil From South Sudan
November 3rd, 2019 - 10:30 GMT

Ethiopia to Start Importing Cheaper Oil From South Sudan

Brazil would be the most significant producer in years to join OPEC, founded in 1960.
October 31st, 2019 - 08:20 GMT

Brazil Keen on Joining OPEC

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