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Oil

Oil latest

Tanker in Strait of Hormuz
July 8th, 2026 - 08:10 GMT
P. Choiaqo

P. Choiaqo

Oil prices jump as Iran and US renew strikes on each other

ALBAWABA - Oil prices surged on Wednesday and continue to trend upward as the U.S. and Iran renew strikes on each other. It seems that the war will not be over quickly, as major breaches of the MoU took place on Wednesday, it started when Iran hit three vessels in the Strait of Hormuz, a Qatari LNG tanker named ‘Al Rekayyat’, along with a Saudi Supertanker ‘Wedyan’, and another unidentified ...
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Oil Exceeds $120 as China Eases Restrictions, EU Leaders Meet to Decide on Russian Embargo
May 30th, 2022 - 08:42 GMT

Oil Exceeds $120 as China Eases Restrictions, EU Leaders Meet to Decide on Russian Embargo

Pakistan to Buy Russian Oil, Food Products If/When Necessary
May 29th, 2022 - 07:55 GMT

Pakistan to Buy Russian Oil, Food Products If/When Necessary

Abu Dhabi's Borouge IPO Opens at Dh2.45/share, Biggest IPO to Date
May 23rd, 2022 - 08:06 GMT

Abu Dhabi's Borouge IPO Opens at Dh2.45/share, Biggest IPO to Date

Marijuana Vaping Rises Sharply Among US Teens
May 22nd, 2022 - 09:57 GMT

Marijuana Vaping Rises Sharply Among US Teens

China Mulls Buying Discounted Russian Oil for Strategic Reserves: Report
May 22nd, 2022 - 09:20 GMT

China Mulls Buying Discounted Russian Oil for Strategic Reserves: Report

State Media: Iran Seizes Foreign Tanker Suspected of Smuggling (AFP)
May 18th, 2022 - 07:59 GMT

Iran Seizes Foreign Tanker Suspected of Smuggling (AFP)

The Oil News You Need to Know
May 16th, 2022 - 07:21 GMT

The Oil News You Need to Know

Saudi Aramco Announces Highest Quarterly Since Listing, Hitting $39.5 Billion
May 15th, 2022 - 07:36 GMT

Saudi Aramco Announces Highest Quarterly Since Listing, Hitting $39.5 Billion

OPEC: Daily Basket Price Up to $109.02 a Barrel
May 12th, 2022 - 08:55 GMT

OPEC: Daily Basket Price Up to $109.02 a Barrel

Iraq Strikes Deal With Iran to Secure Gas Imports (AFP)
May 12th, 2022 - 08:26 GMT

Iraq Strikes Deal With Iran to Prevent Scorching Summers (AFP)

Oil Prices Extend Steep Decline Amid Rising Concerns Over Global Demand
May 10th, 2022 - 09:33 GMT

Oil Prices Extend Steep Decline Amid Rising Concerns Over Global Demand

G7 Countries Pledge to Ban Russian Oil Imports
May 9th, 2022 - 06:27 GMT

The G7 Plan to Ban Russian Oil Imports

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