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Brent crude
March 3rd, 2026 - 08:24 GMT
Sally Shakkour

Sally Shakkour

Brent crude jumps by 4% to $81 per barrel

ALBAWABA - Brent crude increased by over 4 percent, hitting $81 per barrel in afternoon trade in Asia on Tuesday amid intensive attacks in the Middle East. Around 0800 GMT, Brent was trading up 4.41 percent at $81.17 per barrel, while West Texas Intermediate was up 3.99 percent at $74.07 per barrel, AFP reported Tuesday. Nonetheless, European gas prices also recorded an increase of another 30 percent on Iran.
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Anse Source d'Argent beach, La Digue Island, Seychelles (Shutterstock)
June 24th, 2015 - 08:25 GMT

Abu Dhabi firm eyes Seychelles airport development contract

Al Bawaba
June 24th, 2015 - 05:38 GMT

Kelloggs takeover of Bisco Misr prompts voluntary delisting from Egyptian stock exchange

Al Bawaba
June 24th, 2015 - 05:22 GMT

With GCC food imports as high as 90 percent, building up strategic reserves is vital

Al Bawaba
June 24th, 2015 - 04:00 GMT

Emirates Airline issues advisory for peak travel June 26-27 from Dubai

Al Bawaba
June 23rd, 2015 - 07:55 GMT

Renewed calls for 'Saudization' as 1.27m expat jobs identified for 'willing' Saudis

Al Bawaba
June 23rd, 2015 - 07:34 GMT

Demand grows for creation of all-female island in Dubai

Al Bawaba
June 23rd, 2015 - 07:30 GMT

Egypt steps up anti-smuggling efforts with construction of trench on Gaza border

Al Bawaba
June 23rd, 2015 - 07:07 GMT

Boom in commercial aircraft sales driven by increased travel demands in Middle East

Al Bawaba
June 23rd, 2015 - 06:41 GMT

Israeli-Egyptian gas pipeline construction hit by unforseen $2B expense

Real estate companies should be able to absorb the slowdown with limited ratings impact. (File photo)
June 23rd, 2015 - 05:13 GMT

UAE property market expected to slow: Standard & Poor

Al Bawaba
June 22nd, 2015 - 03:06 GMT

Job search activities increase during Ramadan: survey

Egyptian navy vessels patrol off the coast of the Red Sea resort city of Sharm el-Sheikh on Feb. 17, 2011. (AFP/Marco Longari)
June 22nd, 2015 - 02:54 GMT

US provides Egyptian navy with missile craft worth $1.1 billion

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