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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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All You Need to Know About OPEC+ Last Meeting
December 9th, 2020 - 09:30 GMT

All You Need to Know About OPEC+ Last Meeting

Kuwait Commissions The Country's Largest Crude Distillation Unit
December 9th, 2020 - 08:00 GMT

Kuwait Commissions The Country's Largest Crude Distillation Unit

Libya: Oil Exports Surge to $700.4 Million in November
December 7th, 2020 - 03:00 GMT

Libya: Oil Exports Surge to $700.4 Million in November

Oil Prices Slip Amid Surge in COVID Cases
December 7th, 2020 - 11:30 GMT

Oil Prices Slip Amid Surge in COVID Cases

Eni to Restart LNG Plant in Egypt
December 7th, 2020 - 10:30 GMT

Eni to Restart LNG Plant in Egypt

Kuwait Oil Company to Award 5 Local Companies $754 Million Drilling Towers Contracts
December 6th, 2020 - 11:30 GMT

Kuwait Oil Company to Award 5 Local Companies $754 Million Drilling Towers Contracts

OPEC Increases Oil Output by 750,000 bpd in November
December 1st, 2020 - 09:30 GMT

OPEC Increases Oil Output by 750,000 bpd in November

Abu Dhabi: Non-Oil Exports Soar 62.5 Percent
December 1st, 2020 - 09:00 GMT

Abu Dhabi: Non-Oil Exports Soar 62.5 Percent

Brent Crude Hits Highest Level in 8 Months
November 30th, 2020 - 01:00 GMT

Brent Crude Hits Highest Level in 8 Months

UAE: ADNOC Awards $519 Million Contract to Expand World's Largest 3D Seismic Survey
November 30th, 2020 - 08:30 GMT

UAE: ADNOC Awards $519 Million Contract to Expand World's Largest 3D Seismic Survey

Saudi Arabia Considers Houthi Attacks A Threat to the Backbone of Global Economy
November 25th, 2020 - 11:00 GMT

Saudi Arabia Considers Houthi Attacks A Threat to the Backbone of Global Economy

UAE: 22 Billion New Barrels of Oil Discovered in Abu Dhabi
November 22nd, 2020 - 03:30 GMT

UAE: 22 Billion New Barrels of Oil Discovered in Abu Dhabi

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