crude oil | Al Majalla

Crude oil tanker Advantage Angel sails in the Bosphorus, on its way to the Mediterranean Sea, in Istanbul, Turkey December 12, 2022. REUTERS/Yoruk Isik

Turkey Reaches Deal Over New Crude Tanker Insurance Regulations

Turkey welcomed an agreement reached with its counterparts on Tuesday that allows the continuation of a new regulation requiring crude oil tankers to present an insurance confirmation letter before…

13, Dec 2022

Saudi Aramco To Invest in $7 bln Petchem Project in South Korea

Saudi Aramco (2222.SE) said on Thursday it plans to invest in a $7 billion project to produce petrochemicals from crude oil at its South Korean affiliate S-Oil Corp's (010950.KS) refining complex in…

17, Nov 2022

The chimneys of the Total Grandpuits oil refinery are seen just after sunset, southeast of Paris, France, March 1, 2021. REUTERS/Christian Hartmann

Oil Supported By Supply Threats Yet Still Set For Weekly Drop On Demand Fears

Oil rose on Friday supported by real and threatened cuts to supply, although crude was set for a second weekly decline as aggressive interest rate hikes and China's COVID-19 curbs weighed on the…

09, Sep 2022

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian

Oil Steady As Tight Market Competes With Recession Fears

Oil prices were largely steady on Monday as a relatively tight global supply picture competed with fears of a recession and a rising dollar. Brent crude futures for October settlement fell 34…

22, Aug 2022

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Egypt's President Abdel Fattah el-Sisi (C-R) gestures to Iranian president Masoud Pezeshkian (5th-R) and Turkish president Recep Tayyip Erdogan (C-L) after a group picture during the D-8 summit in Cairo on December 19, 2024.

AFP

Politics

Geopolitical faultlines begin to show in a post-Assad region

25 December 2024

Key regional powers—Türkiye, Egypt, Iran—do not see eye to eye over what transpired in Syria. One emerges as a winner, the other a loser, and Syria's new Islamist-leaning leaders unsettle the third.

Amr Emam

Opinion

Four key challenges for Syria's new government

25 December 2024

Integrating armed factions, particularly the SDF, will be key, as well as agreeing on an inclusive new government that can unify a country that has been plagued by division

Ibrahim Hamidi

Axel Rangel Garcia

Business & Economy

After difficult year, OPEC malaise likely to persist

26 December 2024

With Trump's return to the White House, his planned tariffs could bring down international trade, which in turn would reduce the demand for crude oil

Maher Chmaytelli

A crucifix in a lattice of the Russian Orthodox Church of Mary Magdalene atop the Mount of Olives looks out at the Dome of the Rock in the Aqsa mosque complex in the old city of Jerusalem.

AHMAD GHARABLI / AFP

Culture & Social Affairs

Religious intolerance isn't intrinsic to Islam but came later

25 December 2024

Earlier eras have been characterised by peaceful coexistence in Islam, when people from different religions lived side by side, with equal rights, at a time when violence raged around other faiths

Abdullah Al-Rashid