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Crude oil

Crude oil latest

Shipping & Logistics
April 24th, 2026 - 01:19 GMT
Osama Ali

Osama Ali

Giant oil tankers power economies while carrying Billion-Dollar spill risks

ALBAWABA - Massive oil tankers continue to be an essential part of the world's energy supply chain, carrying millions of barrels of crude oil across oceans and guaranteeing the survival of economies and businesses all over the world. But despite their strategic significance, these ships also pose serious operational and environmental dangers, especially in the case of mishaps or deliberate interruptions. In order to reduce the possibility and damage of ...
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Oil prices dip as Israel backs off from a Lebanon war
July 29th, 2024 - 07:57 GMT

Oil prices dip as Israel backs off from a Lebanon war

Oil prices drop globally; China’s demand is a big concern
July 25th, 2024 - 06:03 GMT
Reema Tuqan

Oil prices drop globally; China’s demand is a big concern

Tehran denies news of Iranian oil on Chinese tankers collided near Singapore
July 20th, 2024 - 12:34 GMT
Reema Tuqan

Tehran denies news of Iranian oil on Chinese tankers collided near Singapore

OPEC+ to gradually reverse its production cuts, in hopes of bolstering the market
June 2nd, 2024 - 09:58 GMT

OPEC+ to gradually reverse its production cuts, in hopes of bolstering the market

Saudi Aramco set to raise $13.1B, listing 1.545B shares for sale
May 30th, 2024 - 09:22 GMT

Saudi Aramco set to raise $13.1B, listing 1.545B shares for sale

Saudi Aramco posts 14% revenue drop, still aims to pay $124.3B in dividends
May 7th, 2024 - 03:36 GMT

Saudi Aramco posts 14% revenue drop, still aims to pay $124.3B in dividends

Oil prices surge as Israel invades Rafah, Saudi Arabia hikes crude prices
May 6th, 2024 - 12:48 GMT

Oil prices surge as Israel invades Rafah, Saudi Arabia hikes crude prices

Aramco praises Chinese solar power efforts, with a partial acquisition of Hengli Petrochemical
April 22nd, 2024 - 06:02 GMT

Aramco praises Chinese solar power efforts, with a partial acquisition of Hengli Petrochemical

Brent oil almost at $90, highest price since October amid supply concerns and global escalations
April 2nd, 2024 - 08:24 GMT

Brent oil almost at $90, highest price since October amid supply concerns and global escalations

Iran to sign substantial $13B deal to boost crude oil production in 6 fields
March 18th, 2024 - 03:31 GMT

Iran to sign substantial $13B deal to boost crude oil production in 6 fields

US dominates global oil production
March 12th, 2024 - 12:47 GMT
Osama Ali

US dominates global oil production

Saudi Aramco reports second-highest net income in 2023 at $121.3B
March 10th, 2024 - 09:45 GMT

Saudi Aramco reports second-highest net income in 2023 at $121.3B

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