General

Bahrain condemns attacks on tankers in Gulf of Oman

MANAMA, Bahrain deplored on Thursday the “terrorist” assaults on two oil tankers in the Gulf of Oman.In a statement, Bahrain’s Foreign Ministry said the attacks are repeated hostile acts which pose a dangerous threat to safety and security of maritime …

General

OPEC basket price up 50 cents to USD 61.51 pb

VIENNA, The price of OPEC basket of fourteen crudes increased 50 cents to USD 61.51 a barrel on Thursday in wake of recent attack on two oil tankers in the Gulf of Oman.The price of OPEC basket stood at USD 61.01 a barrel on Wednesday, compared to USD …

Sports

IEA sees oil market with flagging demand, plentiful supply

PARIS, Oil markets are facing flagging demand due to economic uncertainties and weaker growth, while at the same time crude oil supply is “plentiful” and projected to expand from non-OPEC sources, the International Energy Agency (IEA) said on Friday.In…

Entertainment

UN Security Council mulls attacks on oil tankers

NEW YORK, At a US request, the UN Security Council on Thursday held a closed-door meeting to debate the attacks on two oil tankers in the Gulf of Oman.US State Secretary Mike Pompeo has accused Iran of perpetrating the attacks, and said he instructed U…