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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 11th, 2015 - 09:31 GMT

DoT in Abu Dhabi Honored with "Best m-Government Service Award" for its "Darb" Application

Al Bawaba
February 11th, 2015 - 09:21 GMT

Etihad Airways named 'Airline of the Year' at Aviation 100 Awards

Al Bawaba
February 11th, 2015 - 09:04 GMT

Saudi private sector credit growth rises by 12.6% to SR1.2 trillion

Al Bawaba
February 11th, 2015 - 12:38 GMT

Gulf Finance Corp gets Saudi regulation license

Al Bawaba
February 11th, 2015 - 12:13 GMT

Jumeirah inks deal to run 294-room resort on Saadiyat Island

Al Bawaba
February 11th, 2015 - 11:38 GMT

Dubai launches new $1 million robotics prize

Al Bawaba
February 11th, 2015 - 10:13 GMT

Syrian companies want slice of Gulf's stable F&B market

The Dubai Financial Market General Index ended 0.46 per cent lower at 3,931.16, while Saudi’s Tadawul All Share index (TASI) ended 0.96 per cent to be at 9,300.50
February 11th, 2015 - 09:38 GMT

UAE, Saudi stock indexes edge lower

Al Bawaba
February 11th, 2015 - 08:09 GMT

Looking north: Egypt sees future with Russian investment

Al Bawaba
February 11th, 2015 - 08:05 GMT

Gulf Air, Intel Security sign IT deal

Al Bawaba
February 11th, 2015 - 07:32 GMT

Saudi mandates fuel-efficiency stickers on 2015 cars

Al Bawaba
February 11th, 2015 - 07:22 GMT

Emirates Group to hire more than 11,000 staff in 2015

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