Goldman Sachs expects OPEC+ members to increase oil production by 550,000 bpd in September
Goldman maintains its Brent crude price forecast at $59 per barrel for the fourth quarter of 2025 and $56 per barrel for 2026
Gold falls on trade deal progress, tariff reprieve extension
Spot gold falls 0.6% to $3,314.21 per ounce; US gold futures down 0.6% to $3,322
Trump says alignment with BRICS’ ‘anti-American policies’ to invite additional 10% tariffs
There will be no exceptions to this policy, US president says in a post on Truth Social without clarifying anti-US policies
U.S. dollar near lowest since 2021 against euro, weakest since 2015 versus Swiss franc ahead of Trump’s tariff deadline
Most US trade partners are set to see much steeper duties at the end of Trump's 90-day moratorium
Oil tumbles as OPEC+ hikes August output more than expected
Organisation of the Petroleum Exporting Countries to raise output by 548,000 bpd in August vs 411,000 bpd in July
FAO warns of growing labor shortage in agrifood systems as rural youth numbers decline
Report urges governments to attract more young people to agriculture as rural youth now make up just 5% of the industrial agrifood workforce
Trump says US nears trade deals as tariff effective date delayed
Higher tariffs to kick in on August 1; White House's Hassett says deadline could be extended in some cases; Treasury secretary says 100 smaller countries to get tariff letters soon
Stocks slip in Asia on US tariff confusion, oil skids
Trump says the letters would outline “take it or leave it” tariff offers to each country, signaling no further negotiations
US Treasury Secretary says Musk should focus on business, not politics
The boards of Musk’s companies, Tesla and SpaceX, would likely prefer that he concentrate on his business responsibilities, says Bessent
U.S. and China to discuss TikTok sale starting Monday or Tuesday
The two sides "pretty much" have a deal in place for the sale of TikTok, and discussions could involve Chinese President Xi Jinping, says Trump
Musk forms ‘America Party’ to counter Trump’s tax policy
Elon Musk forms America Party after asking followers about new political option and vows to oppose lawmakers who backed Trump’s tax law
World’s biggest climate fund to release $1.2 billion for 17 projects
With this new round, the GCF’s portfolio will reach $18 billion in 133 countries
Trump signs sweeping ‘One Big Beautiful Bill Act’ into law on July 4, enacting massive tax and spending cuts amid fierce partisan divide
With military flyovers and cheering crowds, president touts permanent 2017 tax cuts, historic border security funding, and spending reductions as Democrats warn of deep healthcare losses and a $3 trillion debt surge
OPEC+ to raise oil output by 548,000 bpd in August as group accelerates production rebound amid market pressure
Boost comes as group unwinds 2022 cuts, driven by demand for market share and U.S. pressure to tame fuel prices; total of 1.918 million bpd restored since April with just 280,000 bpd left to release
Neta’s struggle in Thailand highlights pressure on smaller Chinese EV firms as BYD dominates and incentives tighten
Sales slump, missed production targets, and unpaid debts plague Neta amid hyper-competitive EV market; Thai policymakers under pressure as industry adjusts to overcapacity, price wars, and shifting timelines