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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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The company stated that the project features residential components, including villas, townhouses and apartments.
January 27th, 2015 - 03:49 GMT

A rekindled attraction: Qatari Diar receives long-awaited approvals for major Egyptian tourism project

Al Bawaba
January 27th, 2015 - 03:14 GMT

UAE airlines suspend all flights to Baghdad

Al Bawaba
January 27th, 2015 - 03:05 GMT

Betting on a self-fulfilling prophecy? Oil prices may have hit floor, can rise to $200- says OPEC top chief

The year 2015 may just be one of the best times for people to go for their dream vacation as holiday spending could get cheaper anytime soon.
January 27th, 2015 - 02:25 GMT

Pack your bags: Gulf airlines plan to slash prices before next July

Al Bawaba
January 27th, 2015 - 02:14 GMT

Catastrophic banking: Turkish state bank sustains $1 billion loss in bad loans

Al Bawaba
January 27th, 2015 - 11:02 GMT

Losing its glory? Iran joins long list of countries to ditch US dollar in foreign trade

Al Bawaba
January 27th, 2015 - 04:55 GMT

In the right direction: Egypt's economic growth expected to go 'easily north of 4 percent'

Al Bawaba
January 27th, 2015 - 04:55 GMT

Time to consider other majors? One in every 65 Jordanians is an engineer

Al Bawaba
January 26th, 2015 - 05:51 GMT

Count the blessings: Emirates mulls cutting airfare prices over oil price drop

Al Bawaba
January 26th, 2015 - 10:37 GMT

Historic irony? Kuwait company awarded Iraq airport project

Middle Eastern equity and equity-related issuance totalled $11 billion in 2014, a 173 per cent increase from 2013.
January 26th, 2015 - 10:03 GMT

Time to reminisce? ME investment bankers toast to their best year of fees since 2008

Al Bawaba
January 26th, 2015 - 09:44 GMT

Gold rises to five year high on safe-haven demand

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