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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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US Gas Prices Hit 7 Years High As Demand Spikes
June 30th, 2021 - 06:00 GMT

US Gas Prices Hit 7 Years High As Demand Spikes

Will OPEC+ Consider Easing Output Cuts Further After Breaching $70 Mark ?
June 27th, 2021 - 09:00 GMT

Will OPEC+ Consider Easing Output Cuts Further After Breaching $70 Mark?

Lebanon to Gradually Lift Fuel Subsidies
June 27th, 2021 - 08:30 GMT

Lebanon to Gradually Lift Fuel Subsidies

Lebanon Will Not Be Importing Iranian Oil
June 27th, 2021 - 08:00 GMT

Lebanon Will Not Be Importing Iranian Oil

Italy's Eni Commences Digging Offshore Well In Bahrain
June 24th, 2021 - 01:00 GMT

Italy's Eni Commences Digging Offshore Well In Bahrain

Opinion: Why Iranian Oil Revival Shouldn't Be Considered A Threat
June 23rd, 2021 - 10:30 GMT

Opinion: Why Iranian Oil Revival Shouldn't Be Considered A Threat

Iran's 'Ghost Armada' Tanker is Selling Black Market Oil to China to Fund Nuclear Program
June 20th, 2021 - 12:30 GMT

Iran's 'Ghost Armada' Tanker is Selling Black Market Oil to China to Fund Nuclear Program

Oil Falls on Bigger-Than-Expected Draw in US Crude Supplies
June 17th, 2021 - 07:15 GMT

Oil Falls on Bigger-Than-Expected Draw in US Crude Supplies

Oil Prices Register The Third Consecutive Week of Gains
June 13th, 2021 - 08:00 GMT

Oil Prices Register The Third Consecutive Week of Gains

Oil Prices Register The Second Consecutive Week of Gains
June 6th, 2021 - 08:00 GMT

Oil Prices Register The Second Consecutive Week of Gains

OPEC+ Shares Optimism on Oil Prospect While Observing Market Updates
June 3rd, 2021 - 08:00 GMT

OPEC+ Shares Optimism on Oil Prospect While Observing Market Updates

Oman: Up to 25 Million Barrels To Be Extracted From Mafraq Oil Field
June 2nd, 2021 - 12:30 GMT

Oman: Up to 25 Million Barrels To Be Extracted From Mafraq Oil Field

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