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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
February 15th, 2015 - 09:59 GMT

Late LTE: 4G network comes to Jordan

According to the Interior Ministry, Jordan’s population is estimated to have reached around 8 million by 2015, but other unofficial figures indicate that the population of Jordan stands at nearly 9 million.
February 15th, 2015 - 09:22 GMT

Jordan's 2015 census to include all data related to Syrian 'guests'

Al Bawaba
February 12th, 2015 - 02:18 GMT

Ma'aden wins best industrial deal

Al Bawaba
February 12th, 2015 - 02:07 GMT

Kuwait Stock Exchange concludes week's trading on mixed boards

Al Bawaba
February 12th, 2015 - 01:59 GMT

Living cost index rises 2.2% in Saudi Arabia

Al Bawaba
February 12th, 2015 - 12:43 GMT

Jewellery to go on sale due to cheaper gold

Al Bawaba
February 12th, 2015 - 12:16 GMT

A paradox? Egypt to issue landline licences to mobile firms in weeks

The plan will aim to bolster the State’s gross domestic product (GDP)
February 12th, 2015 - 07:30 GMT

Betting on denial: Kuwait shrugs off oil price drop; plans $116bn spend

The slight decrease was attributed to the decline in prices of transportation, fuel, electricity tariffs, vegetables, beans and beverages,
February 12th, 2015 - 06:38 GMT

Jordan: Inflation rate down by 0.4 per cent at end of January

OIC has operations across UAE, as well as in Oman, Qatar and a subsidiary in Turkey
February 12th, 2015 - 06:17 GMT

Oman Insurance posts strong growth in 2014

Al Bawaba
February 11th, 2015 - 09:52 GMT

A slight, yet positive, upsurge: OPEC daily basket price stood at $53.14 a barrel

Al Bawaba
February 11th, 2015 - 09:41 GMT

That didn't take long: Gasoline prices rise in Lebanon

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