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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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"Six months later, reconstruction and rehabilitation have barely kicked off," said the report.
April 13th, 2015 - 10:13 GMT

Warm pledges vs. cold realities: NGOs condemn donors over slow Gaza reconstruction aid

The company signed an exploration and production-sharing agreement in December 2013 for Block 41
April 13th, 2015 - 10:10 GMT

Totally done: Total pulls out of Oman's offshore gas exploration


The leading fashion television channel will be visiting Cityscape Abu Dhabi in UAE this month to meet potential private investors to reveal details of its new property portfolio opportunities.
April 13th, 2015 - 10:01 GMT

Real estate makeover: Fashion TV targets the Gulf for branded properties

Al Bawaba
April 13th, 2015 - 03:36 GMT

The friendly trio: China to build $2 billion Iran-Pakistan 'peace pipeline'

Al Bawaba
April 13th, 2015 - 03:55 GMT

Not changing its mind: Moody's maintains Turkey's negative ratings

Al Bawaba
April 13th, 2015 - 03:55 GMT

Iran to start oil exploration on Turkmen border

Al Bawaba
April 12th, 2015 - 09:29 GMT

Uber starts the year uber strong in the UAE

Al Bawaba
April 12th, 2015 - 09:17 GMT

Jordan's per capita share of public debt exceeds $4000

Al Bawaba
April 12th, 2015 - 03:42 GMT

Egypt bans imports of Ramadan lanterns

FlyBaghdad, owned by Iraqi investors, is expected to start flights to neighbouring countries by July, complementing state- backed Iraqi Airways,
April 12th, 2015 - 02:24 GMT

Opportunity in vacuum: Iraq launches FlyBaghdad to fill void left by airline exodus

Global brands such as Moncler, La Perla, Hugo Boss and Sauce will also be moving their regional headquarters into the development,
April 12th, 2015 - 11:54 GMT

Global designers make the move: Dubai Design District on the way as new fashion capital

The kingdom that exports 7.0 million barrels per day on average will see oil revenues fall by 35 percent to $171.8 billion in 2015,
April 12th, 2015 - 03:55 GMT

The time has come: Saudi Arabia to borrow to finance soaring deficit

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