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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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The Ayalon Highway and Red Line view over new skyscrapers in Tel Aviv, Israel on Sept. 4, 2014. (Shutterstock/Boris-B)
May 13th, 2015 - 02:00 GMT

Israel Railways mulls underground Ayalon lines as transport demands grow

An Iranian worker walks near the phase 12 of the South Pars gas field facilities near the southern town of Kangan on the shore of the Gulf on Jan. 22, 2014. (AFP/Behrouz Mehri)
May 13th, 2015 - 12:00 GMT

EU anticipates nuclear deal, in ‘unofficial talks’ for Iran gas imports: state

Al Bawaba
May 13th, 2015 - 10:00 GMT

Companies in GCC reluctant to adjust staff allowances

Al Bawaba
May 13th, 2015 - 09:35 GMT

Israel considers increasing gas exports to Jordan

Al Bawaba
May 13th, 2015 - 09:11 GMT

Egypt expects $30B worth of coal investments in next five years

Al Bawaba
May 13th, 2015 - 08:54 GMT

Lenovo predicts tablet boom in Jordan

Al Bawaba
May 13th, 2015 - 07:48 GMT

Arab Media Forum 2015 tackles the industry's hard-hitting issues of the region

Al Bawaba
May 13th, 2015 - 06:46 GMT

Rainmakers wanted in Dubai: 325 apply for $5m grant

Al Bawaba
May 13th, 2015 - 06:36 GMT

Palestinian uses nanotechnology to help ease Gaza’s water woes

Al Bawaba
May 13th, 2015 - 06:00 GMT

Egyptians dominate online shopping in MENA as Arab e-commerce market to reach $13.4bn in 2020

Al Bawaba
May 13th, 2015 - 04:37 GMT

GCC-US summit: Arab security chiefs convene in Washington, as Vienna meeting revisits nuke framework

Al Bawaba
May 13th, 2015 - 04:20 GMT

OPEC predicts oil prices below $100 until 2025

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