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According to a Reuters survey, Saudi Arabia is likely to raise its official selling price for crude oil sold to Asia in October as the Middle East spot crude oil market rises due to tight supply and strong demand.

2026-08-31

According to a Reuters survey, Saudi Arabia is likely to raise its official selling price for crude oil sold to Asia in October as the Middle East spot crude oil market rises due to tight supply and strong demand.

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2026-08-31

After breaking below $4,400 per ounce, spot gold rebounded quickly by more than $20 in the short term, and is now trading at $4,418.73 per ounce.

After breaking below $4,400 per ounce, spot gold rebounded quickly by more than $20 in the short term, and is now trading at $4,418.73 per ounce.
2026-08-31

War and extreme weather have driven agricultural prices toward their largest monthly rise in over a decade. The Bloomberg Agriculture Spot Index, tracking 10 major commodities, was up more than 13% in August as of last Friday, on course for its bigge

War and extreme weather have driven agricultural prices toward their largest monthly rise in over a decade. The Bloomberg Agriculture Spot Index, tracking 10 major commodities, was up more than 13% in August as of last Friday, on course for its biggest monthly advance since July 2012. Wheat has been a primary driver after attacks on Black Sea ports cut shipments and pushed prices to three-year highs; sugar and cocoa have climbed roughly 20% as El Nifio strengthens. Higher energy and transport costs tied to the Iran conflict are amplifying food inflation risks and could accelerate pass-through to retail staples from bread to meat and dairy, though consumer-price effects may lag. Ongoing reciprocal attacks by Russia and Ukraine on ships and ports have further slowed grain exports.
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