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…

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…

French Bikers Race to Buy Harleys Before Possible Tariffs

Villiers-Sur-Marne: Sales are brisk at the Villiers-Sur-Marne Harley-Davidson dealership outside Paris, where French bikers reckon they had better hurry if they want the American motorcycle of their dreams before trade war puts them out of reach. “It’…

Manila-The Philippine Palm Oil Development Council, Incorporated (PPDCI) has highlighted the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) as a key area for the expansion of the country’s palm oil production. During the 13th Palm Oil Congress held on Thursday, PPDCI President Erwin Anthony Garcia emphasized the region’s suitability for oil palm cultivation, noting that around 800,000 hectares have been identified for potential development.

According to Philippines News agency, the Philippines’ dependence on palm oil imports, particularly from Indonesia and Malaysia, underlines the necessity for enhanced local production capabilities. With the country importing 1.2 million metric tons of…

DOJ Pledges Comprehensive Investigation into Bataan Oil Spills

BATAAN — The Department of Justice (DOJ) has committed to conducting a thorough investigation into the recent oil spills in Bataan, with the aim of holding all responsible parties accountable.

According to Philippines News Agency, the spills occurre…