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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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Although this figure is relatively higher that the global average of 37 per cent of CEOs, it has declined from the massive 69 per cent in the previous survey.
January 22nd, 2015 - 05:32 GMT

Three weeks into 2015, CEO confidence in the Middle East drops

Al Bawaba
January 22nd, 2015 - 06:54 GMT

Iran to boost industry, farming in China tie-ups

Al Bawaba
January 22nd, 2015 - 04:55 GMT

Low-income Emiratis to be granted houses by government

Al Bawaba
January 22nd, 2015 - 04:55 GMT

An economic catastrophe: falling oil to cost GCC $300 billion this year alone

Al Bawaba
January 21st, 2015 - 09:36 GMT

Turkey, Iraq plan new gas pipeline

Al Bawaba
January 21st, 2015 - 09:24 GMT

Alderley to supply metering systems for Saudi project

Al Bawaba
January 21st, 2015 - 03:00 GMT

Power struggles: Saudi delays target for $109 billion solar project by eight years

Al Bawaba
January 21st, 2015 - 01:53 GMT

Bahrain's Autumn Fair expects 200,000 visitors

Al Bawaba
January 21st, 2015 - 01:28 GMT

OPEC Daily Basket Price for Tuesday

Al Bawaba
January 21st, 2015 - 12:58 GMT

Emirates Airline tops UAE perception ranking

The report also mentioned the vast refugee influx into Turkey from Syria as millions of people have fled the country's bloody civil war.
January 21st, 2015 - 11:15 GMT

ILO: Turkey to face high unemployment over next three years

hile its users may populate only a virtual country, Facebook says it generates a lot of real economic activity – $227 billion worth of economic impact and 4.5 million jobs in 2014
January 21st, 2015 - 11:08 GMT

What the world needs: Facebook added $227 billion to the world economy, created 4.5 million jobs

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