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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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Reconstruction has barely begun, with experts saying it will take years even if Israel significantly eases its eight-year blockade. (Image: AFP/File)
April 11th, 2015 - 09:04 GMT

Kuwait donates $200 million towards Gaza reconstruction

Al Bawaba
April 9th, 2015 - 11:16 GMT

Daesh’s loss of oil fields cuts off crucial revenue

Al Bawaba
April 9th, 2015 - 10:18 GMT

Top cats: Meet the GCC's best performing CEOs

Al Bawaba
April 9th, 2015 - 09:14 GMT

Egypt secures $216m from Arab Fund for Cairo power plant

Al Bawaba
April 9th, 2015 - 08:56 GMT

Arab Bank loses US retrial bid in longstanding Hamas financing case

Al Bawaba
April 9th, 2015 - 08:02 GMT

A Twitter takeover? Twitter shares climb amid reports of Google buyout

Al Bawaba
April 9th, 2015 - 06:33 GMT

Oman: 7.5% decline in year-on-year petrol output

A comprehensive, binding, irreversible, verifable treaty is the most effective and practical way to eliminate nuclear weapons (image: file/photo)
April 9th, 2015 - 06:12 GMT

Iran pushes for action on global nuclear disarmament

Al Bawaba
April 9th, 2015 - 05:53 GMT

Strong dollar to dominate forex markets

Sanctions on Iran will only be lifted after a final deal is brokered, which the six powers and Iran aim to reach by June 30. (Image: File photo)
April 8th, 2015 - 01:29 GMT

EU reinstates sanctions on Iranian bank and 32 shipping companies

Al Bawaba
April 8th, 2015 - 09:13 GMT

Islamic finance must address challenges to thrive

There are attempts taking place to work seriously on the wage hike issue. (Image: file photo)
April 8th, 2015 - 07:18 GMT

Lebanon: Wage hike issue near resolution

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