Business & Economy: As US President Donald Trump’s administration seeks ways to manage rising inflation, oil prices have emerged as a key focus.

Trump’s push for cheap oil faces roadblocks

Saudi Arabia's Aramco cut oil prices for Asian importers for December, this comes after a statement by OPEC + members to delay output increases by one month.

Aramco Cuts Oil Prices to Asia for December After OPEC + Delay

OPEC+ extends oil supply cuts until December to boost prices amid global demand concerns

Iraq, once a major importer of wheat, is now facing a surplus of 1.5 million metric tons. This unexpected abundance is a result of favourable weather conditions and generous government subsidies. Watch in for more details!

Iraq's Wheat Surplus Poses Major Challenge Amid Falling Oil Prices

Oil rises for third straight day amid West Asia supply concerns

As the seismic market events of the previous several years begin to fade, the world's leading commodities analysts are facing a more challenging climate when it comes to trading oil. While industry titans are profitable, these are no longer the blockbuster figures banked since 2020. Profits at top oil companies - like Glencore and Gunvor group - are down, and even hedge fund leader Pierre Andurand is feeling the effects of the downturn.

World's top oil traders see boom years fade

Oil prices plunge as demand concerns and geopolitical tensions bite

Relentless US crude stockpile decline spurs buoyant oil market

Oil market oscillates amid geopolitical shockwaves and economic pivots

Oil prices ascend as demand dynamics and Fed policy shifts converge

Is the Fed's hesitation fuelling a surge in oil prices?

Oil prices steady as rising US stockpiles offset tightening market

Oil prices set to soar this summer, plunge in 2025: Citi analysts

Oil prices surge amid political turmoil in Iran and Saudi Arabia

Ukrainian drones attacked Russia's third largest oil refinery on Tuesday about 1,300 km (800 miles) from the front lines, hitting a core unit which processes about 155,000 barrels of crude refining per day.

Russia-Ukraine war: Oil prices jump after Ukraine strikes Russian oil refineries

Aramco raised its dividend despite falling output and oil prices. The $31 billion payout gives a financial boost to Saudi Arabia while its budget deficit continues to grow.

Aramco's $31 bn boon for Saudi budget

Oil prices surge amid Gaza ceasefire talks complications and tensions in West Asia

The Red Sea crisis has unleashed a cascade of disruptions in global shipping. Container rates have skyrocketed for routes from India to the US and doubled or even tripled for certain European regions. Now, oil prices have surged as the US and its allies launched airstrikes against Houthi rebels in Yemen.

Oil prices surge: Red sea crisis hits global businesses

Return to 1970s? Saudi-led OPEC+ deliberating further oil cuts amid Israel-Hamas war, says report

Oil prices tumble over 4pc to its lowest level since July. Here's why

West Asia turmoil sparks investor concerns over oil price surge

Saudi Arabia raises oil prices to Asia for fourth consecutive month: Report  

International Energy Agency says oil demand going up, prices could rise further this year

European refiners are being hit hard by a surge in prices for middle eastern crude, as the region faces limited supplies of 'medium sour' crude since imposing sanctions on Russian shipments late last year. With prices soaring to all-time highs, the pressure is on for Europe to find new sources of affordable crude to keep the wheels turning.

Barrel of woes: Europe's oil woes escalate as prices skyrocket

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