commodities
Brent Crude Rallies as OPEC+ Reaffirms Production Cut Commitments
Oil prices advanced as OPEC+ member nations agreed to maintain output quotas, offsetting concerns over global demand growth.
Salala Times Markets Desk 7/29/2026
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Found 4 dispatches matching "oil"
markets
Trump Accuses Major Oil Companies of Price-Gouging
US President Trump accuses big oil firms of price-gouging, naming Shell, ExxonMobil, BP, and Chevron.
Salala Times Staff 6/25/2026
macro-economy
UK Inflation to Soar as War in Iran Exacerbates Price Pressures
The ongoing conflict in Iran is expected to propel UK inflation further beyond the Bank of England's 2% target, citing rising global commodity prices and supply chain disruptions.
Salala Times Staff 6/17/2026
markets
Oil Prices Drop as US-Iran Deal Announced, Strait of Hormuz to Reopen
Oil prices fell and shares rose after the US and Iran announced a deal, including the reopening of the Strait of Hormuz.
Salala Times Staff 6/15/2026