The price of oil saw a significant rise following Saudi Arabia’s decision to extend its voluntary oil production cut of 1 million barrels per day until the year’s end, as
Oil prices remain close to 10-month peaks following Saudi production reductions.
Oil prices remain near their 10-month peak, with recent data showing that Saudi Arabian supply reductions have balanced out the increased production from countries like Iran.
UK shrugs off recession risk as economy grows
The UK’s economic growth showed a slight uptick in the year’s second quarter, as reported by official data, fueling optimism that the country might evade a downturn amid increasing interest
Oil prices approach a four-month peak following Ukraine’s assault on a Russian naval ship.
Oil prices have hit a four-month apex after a Ukrainian assault on a Russian naval vessel in the Black Sea, escalating tensions and further destabilising the crucial trade route.
Oil prices surge as Saudi Arabia warns of more substantial supply reductions.
Global oil prices are soaring due to Saudi Arabia’s indication of further decreasing its oil supply. Following its decision to trim production by one million barrels per day in September,
Wheat values escalate as Russia withdraws from Black Sea grain agreement.
The Kremlin announced that Russia has withdrawn from the Black Sea grain export agreement, causing wheat prices to rise.
Oil prices decline due to concerns over demand in China.
Oil prices have declined following the largest weekly surge since the beginning of April, as persistent worries about demand continue to weigh on investors.
In an endeavor to strengthen prices, Russia and Saudi Arabia have reduced their oil supply.
Oil prices are experiencing a surge following simultaneous announcements by Saudi Arabia and Russia to curtail supplies.
Oil ends up higher, yet records its fourth consecutive quarterly drop.
Oil prices ended higher on Friday, but they marked their fourth consecutive quarterly loss, fueled by investor concerns over a global economic slowdown potentially denting fuel demand.
Google parent company Alphabet has revealed it will slash 12,000 jobs
Alphabet, Google’s parent company, has announced it will cut 12,000 jobs amid slowing global economic growth.
The UK Treasury is considering a plan for digital pound
MPs have been told by the Treasury’s economic secretary that the government is looking at introducing a digital pound.