Wheat prices surged Monday after Russia suspended a deal guaranteeing safe passage of Ukrainian exports through the Black Sea, raising concerns over global food supplies.Ukraine is one of the world’s biggest suppliers of...
(Bloomberg) — Saudi Arabia’s oil exports reached $31 billion in June, the highest in at least six years, driven by a rally in prices and rising production.
Monthly crude exports topped more than $1...
Full ArticleThe stock market is poised for a 9% relief rally this summer as the economy avoids a recession, according to Stifel.The firm sees oil prices falling to as low as $75 per...