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Oil Prices

Oil Prices latest

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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Oil declines 3.5%, hits lowest level in 8 months
August 3rd, 2024 - 08:20 GMT
Reema Tuqan

Oil declines 3.5%, hits lowest level in 8 months

Oil prices dip as Israel backs off from a Lebanon war
July 29th, 2024 - 07:57 GMT

Oil prices dip as Israel backs off from a Lebanon war

Oil prices drop globally; China’s demand is a big concern
July 25th, 2024 - 06:03 GMT
Reema Tuqan

Oil prices drop globally; China’s demand is a big concern

China
July 16th, 2024 - 07:50 GMT

Oil prices tumble as demand worries in China

Oil prices
June 12th, 2024 - 10:12 GMT

Oil prices up as anticipated due to high demand in summer months

OPEC+ to gradually reverse its production cuts, in hopes of bolstering the market
June 2nd, 2024 - 09:58 GMT

OPEC+ to gradually reverse its production cuts, in hopes of bolstering the market

Saudi Aramco set to raise $13.1B, listing 1.545B shares for sale
May 30th, 2024 - 09:22 GMT

Saudi Aramco set to raise $13.1B, listing 1.545B shares for sale

Oil prices
May 20th, 2024 - 09:25 GMT

Oil prices rise following Iranian president's tragic death

Saudi Aramco posts 14% revenue drop, still aims to pay $124.3B in dividends
May 7th, 2024 - 03:36 GMT

Saudi Aramco posts 14% revenue drop, still aims to pay $124.3B in dividends

Oil prices surge as Israel invades Rafah, Saudi Arabia hikes crude prices
May 6th, 2024 - 12:48 GMT

Oil prices surge as Israel invades Rafah, Saudi Arabia hikes crude prices

Middle East
May 2nd, 2024 - 07:48 GMT

Oil prices fall amid Middle East hopes for cease-fire

Brent oil almost at $90, highest price since October amid supply concerns and global escalations
April 2nd, 2024 - 08:24 GMT

Brent oil almost at $90, highest price since October amid supply concerns and global escalations

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