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Oil posts steepest weekly drop in months as US-Iran deal ease supply concerns
June 20th, 2026 - 01:56 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Oil posts steepest weekly drop in months as US-Iran deal ease supply concerns

ALBAWABA- Global oil prices recorded their sharpest weekly decline in months, with Brent Crude falling about 8% over the week, as a renewed ceasefire between Israel and Hezbollah and progress on the US-Iran agreement eased concerns over potential disruptions to global energy supplies. Although prices edged higher on Friday, markets remained under pressure as geopolitical risk premiums continued to fade amid signs of improving stability in the Middle East. Brent ...
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Al Bawaba
March 17th, 2015 - 07:40 GMT

In real terms, Israeli salaries are lower than they were in 2001

Al Bawaba
March 17th, 2015 - 07:36 GMT

Jordan to manage Syrian refugee aid through trust fund

Al Bawaba
March 17th, 2015 - 07:30 GMT

A million housing units at stake: Arabtec, Egypt reaching final deal

Al Bawaba
March 17th, 2015 - 10:52 GMT

Dubai witnesses biggest house price fall in the world

Al Bawaba
March 17th, 2015 - 08:12 GMT

Wishful thinking: OPEC says/thinks low oil prices will hit US output by year end

Al Bawaba
March 17th, 2015 - 07:52 GMT

Oil crash, tax hike: Kuwait and IMF discuss 'sensitive' corporate tax

Al Bawaba
March 16th, 2015 - 06:57 GMT

IMF's Lagarde describes global economic recovery as 'too slow, too brittle, and too lopsided'

Al Bawaba
March 16th, 2015 - 06:41 GMT

Waiting for payday: Iran still owed $7.8 billion for its oil

Al Bawaba
March 16th, 2015 - 06:24 GMT

It's rocket science! Jordanian students to fly mini-satellite with NASA

Kuwait, Saudi Arabia and the United Arab Emirates each offered $4 billion to Egypt.
March 16th, 2015 - 02:04 GMT

That was quick: promised Gulf funds to arrive to Egypt 'within days'

China’s exports of steel to Saudi Arabia amounted to about 163,000 tonnes in the first 10 months of 2014
March 16th, 2015 - 01:57 GMT

High levels of lead: China 'dumping unsafe steal' in Saudi Arabia

Al Bawaba
March 16th, 2015 - 01:34 GMT

Emaar to have no role in construction of new Egyptian capital

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