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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 10th, 2015 - 09:13 GMT

Egyptian exports decrease by 20% in January

Al Bawaba
February 10th, 2015 - 09:00 GMT

Cisco installs new general manager for Saudi Arabia

Al Bawaba
February 10th, 2015 - 08:58 GMT

Etisalat to launch tailor-made deals of the day for prepaid customers

The conclusion of this deal is in favor of both parties, Yasser Al-Sharif said
February 10th, 2015 - 07:40 GMT

Mubarrad buys 95% of Amnco for SR180.3m

Al Bawaba
February 10th, 2015 - 02:17 GMT

Egypt urban consumer inflation falls to 9.7 pct in Jan

Al Bawaba
February 10th, 2015 - 01:52 GMT

Adjusting fees for courses: MOHESR intervenes if there is excessive surcharges

Al Bawaba
February 10th, 2015 - 12:40 GMT

QIIB seeks approval for up to QR3bn Tier 1 sukuk issue

Oman will start work on an ambitious new railway project between Buraimi and Sohar. (Shutterstock)
February 10th, 2015 - 11:08 GMT

Oman to break ground on major transportation projects

Al Bawaba
February 10th, 2015 - 09:45 GMT

Sony Middle East eyes 15% revenue growth this year

The terminal can receive large oil vessels with storage capacities of up to 25,000 tonnes and has an unloading capacity of 300 metres per hour
February 10th, 2015 - 08:14 GMT

Aqaba LPG terminal to start operations by end of the month

New and substantial retail space in Dubai will take another year or two to show up
February 10th, 2015 - 08:00 GMT

Abu Dhabi retail real estate on the rise

Al Bawaba
February 10th, 2015 - 06:42 GMT

Jordan wheat imports up 50 percent over 2013 to meet refugee demand

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