Brunei News Gazette

Category: Economy

Oil Prices Stabilize After OPEC+ Production Hike Report

London: Oil prices saw a slight uptick on Friday after a midday dip, spurred by reports of an impending output increase by OPEC+ in August. Despite this recovery, prices suffered a significant weekly decline, marking the largest drop since March 2023….

Argentina Soy, Once Parched, Now Has Too Much Rain

Buenos Aires: Drenched Argentine fields due to heavy rains in the country’s farm heartland are raising fears of soybean losses and delayed sales of the 2024/25 crop, although drier weather on the horizon should bring relief to producers, industry expe…