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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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Libya: Oil Revenues Plummet 36 Percent in April
June 2nd, 2021 - 09:00 GMT

Libya: Oil Revenues Plummet 36 Percent in April

Energy Recap: Oil Demand Recovery Unlikely to Disrupt OPEC+ Plans
May 30th, 2021 - 06:00 GMT

Energy Recap: Oil Demand Recovery Unlikely to Disrupt OPEC+ Plans

Shell Ordered by Dutch Court to Reduce Carbon Emissions
May 27th, 2021 - 09:30 GMT

Shell Ordered by Dutch Court to Reduce Carbon Emissions

Iran-IAEA Agreement Helps Both Sides Achieve a Breakthrough
May 26th, 2021 - 09:10 GMT

Iran-IAEA Agreement Helps Both Sides Achieve a Breakthrough

Oil Prices Decline As Tension Arises in Iran, US Nuclear Talks
May 25th, 2021 - 12:05 GMT

Oil Prices Decline As Tension Arises in Iran, US Nuclear Talks

5 Oil & Gas Behemoths’ Revenues Plummet 30 Percent in 2020
May 25th, 2021 - 10:30 GMT

5 Oil & Gas Behemoths’ Revenues Plummet 30 Percent in 2020

$150 billion from oil had been smuggled after Saddam Hussein.
May 25th, 2021 - 09:34 GMT

Oil Smuggled Out of Iraq Tops $150 Billion

Mexico to Buy Oil Refinery in Texas from Shell
May 25th, 2021 - 06:00 GMT

Mexico to Buy Oil Refinery in Texas from Shell

Energy Recap: Oil Market Sees Strong Buying Ahead of Summer
May 23rd, 2021 - 06:00 GMT

Energy Recap: Oil Market Sees Strong Buying Ahead of Summer

ADNOC Invests $318 Million to Sustain Production of 650,000 bpd On Its Largest Onshore Asset
May 19th, 2021 - 10:40 GMT

ADNOC Invests $318 Million to Sustain Production of 650,000 bpd On Its Largest Onshore Asset

IEA Projects Oil Demand Rebound In H2 2021
May 17th, 2021 - 07:30 GMT

IEA Projects Oil Demand Rebound In H2 2021

Return of US Shale Could Threaten Oil Market Rebalance
May 17th, 2021 - 06:30 GMT

Return of US Shale Could Threaten Oil Market Rebalance

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