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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 10th, 2015 - 02:49 GMT

UK firm to design Qatar stadium for World Cup final

World prices dropped at close on Friday as the dollar rose sharply, making dollar-priced crude more expensive for buyers using weaker foreign currencies.
March 10th, 2015 - 02:39 GMT

Kuwait: Oil prices to stabilize at $50, $60

Al Bawaba
March 10th, 2015 - 07:21 GMT

Aramco exaggerates? Senior exec claims $1 trillion worth of energy projects cancelled

Al Bawaba
March 10th, 2015 - 07:13 GMT

Right on time: Apple releases Cook's, not Job's, $17,000 smartwatch

In Lebanon, the business and banking community in general is denominated by men, although the number of women occupying key posts in banks and companies have risen in the past few years.
March 9th, 2015 - 06:43 GMT

'Too few' Lebanese women in entrepreneurship

Al Bawaba
March 9th, 2015 - 06:38 GMT

Soliciting itself: Egypt banks on $60 billion worth of foreign investments

Al Bawaba
March 9th, 2015 - 06:24 GMT

Etihad's debut A380 Residence flight receives 'overwhelming' response in US

The World Bank Group stated last week that it provides support for the economic conference in Sharm El-Sheikh through "policy advice and the mobilisation of international expertise".
March 9th, 2015 - 06:08 GMT

Hand in hand: high-level World Bank delegation to participate in Egypt's economic summit

Kahramaa will soon sign a strategic pact with QEWC for purchase of potable water from the company for 25 years, it added.
March 9th, 2015 - 01:10 GMT

Turning the tide to reverse osmosis: Qatar to set up $550 million desalination plant

A two-thirds drop in Asian LNG prices is making the fuel cost competitive against oil in the industrial power sector.
March 9th, 2015 - 12:46 GMT

It's never over: Goldman Sachs says oil prices can fall back to $40

Al Bawaba
March 9th, 2015 - 11:37 GMT

Good choice of date: Girls in Tech-Jordan chapter launched

Al Bawaba
March 9th, 2015 - 04:55 GMT

Taking off: GCC may need over 55,000 pilots by 2032

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