Buyers

Saudi Arabia Slashes July Oil Prices for Asian Buyers, Triggering Major Market Impact

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Saudi Arabia Slashes July Oil Prices for Asian Buyers, Triggering Major Market Impact

Saudi Arabia is expected to cut July crude prices for Asian buyers for a second straight month, and that matters because it signals softer pricing power even after months of supply risk in the Middle East. The expected move also shows how quickly refinery margins and spot market premiums can outweigh geopolitical tension. For UAE … Read more

How Farmers in Meghalaya Are Beating Corporate Buyers at Their Own Game

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How Farmers in Meghalaya Are Beating Corporate Buyers at Their Own Game

The lakadong turmeric grown in Meghalaya’s Jaintia Hills contains up to 7.5 percent curcumin — nearly three times the concentration found in most commercial varieties and a figure that makes it the most chemically potent turmeric on earth. For three decades, that extraordinary quality translated into almost nothing for the farmers who grew it, because … Read more