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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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Global Oil Prices Hit Pre-Pandemic Levels at a One-Year High
February 7th, 2021 - 08:30 GMT

Global Oil Prices Hit Pre-Pandemic Levels at a One-Year High

Petrofac Bags Two Contracts Worth $300 Million in Oman
February 7th, 2021 - 08:00 GMT

Petrofac Bags Two Contracts Worth $300 Million in Oman

Oil Projected to Breach $70 by Year-End
February 4th, 2021 - 09:30 GMT

Oil Projected to Breach $70 by Year-End

Oil Mixed, API Shows Draw of Over 4 Million Barrels
February 3rd, 2021 - 01:30 GMT

Oil Mixed, API Shows Draw of Over 4 Million Barrels

BP to Sell 20 Percent Stake in Oman’s Block 61 for $2.6 Billion
February 2nd, 2021 - 11:30 GMT

BP to Sell 20 Percent Stake in Oman’s Block 61 for $2.6 Billion

MEA Energy Sector's Deal Activity Soars 33 Percent in Q4
January 31st, 2021 - 01:30 GMT

MEA Energy Sector's Deal Activity Soars 33 Percent in Q4

Aramco, STC & Huawei to Explore 5G Uses in Oil and Gas Industry
January 31st, 2021 - 10:00 GMT

Aramco, STC & Huawei to Explore 5G Uses in Oil and Gas Industry

Oil Prices Remain Stable Last Week Despite Wall Street Fall
January 31st, 2021 - 09:30 GMT

Oil Prices Remain Stable Last Week Despite Wall Street Fall

Oil Prices Plunge As US Dollar Soars
January 28th, 2021 - 02:00 GMT

Oil Prices Plunge As US Dollar Soars

Oil Prices Rise Over Drop in US Crude Oil Supplies
January 27th, 2021 - 02:30 GMT

Oil Prices Rise Over Drop in US Crude Oil Supplies

The South Korean-flagged tanker being escorted by Iran's Revolutionary Guards navy after being seized in the Gulf. (AFP)
January 26th, 2021 - 10:52 GMT

Indonesia Seizes Iranian Oil Tanker Caught Red-Handed!

Oil, Gas Industry to Boost Investments on Transformational Green Systems
January 26th, 2021 - 10:00 GMT

Oil, Gas Industry to Boost Investments on Transformational Green Systems

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