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U.S. President Trump said interest rates are too high.

2026-09-01

U.S. President Trump said interest rates are too high.

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2026-08-31

REUTERS SURVEY — Saudi Arabia may raise October official selling prices (OSP) to Asia by $2–6/bbl after Middle East spot crude tightened and demand strengthened, five refinery sources said. Arab Light is expected to be set at parity with the Oman/Dub

REUTERS SURVEY — Saudi Arabia may raise October official selling prices (OSP) to Asia by $2–6/bbl after Middle East spot crude tightened and demand strengthened, five refinery sources said. Arab Light is expected to be set at parity with the Oman/Dubai average or up to $4/bbl over that benchmark, implying October OSPs $2–6/bbl higher than September. September OSPs were at a discount, the weakest in six years. Middle East spot strength: Dubai spot premium to swaps reached $13.58/bbl on Aug. 21 (highest since late May); the month-to-date average premium is about $9.71/bbl versus $1.26 in July. Oman spot differentials have widened similarly.
2026-08-31

Bank of England governor BAILEY warned the G20 that new-generation artificial intelligence models pose a threat to stability and said urgent measures are needed to ensure their safe development and deployment.

Bank of England governor BAILEY warned the G20 that new-generation artificial intelligence models pose a threat to stability and said urgent measures are needed to ensure their safe development and deployment.
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