Colombia’s Ecopetrol Plans Cost Cuts as Lower Oil Prices Bite
Wedoany.com Report-May 8, On Wednesday, Ecopetrol, Colombia’s state-owned oil company, announced plans to reduce costs and expenses by approximately 1 trillion pesos ($232 million) in 2025, acco...
India’s Wheat Stocks Highest in 3 Years, Rice Hits Record
Wedoany.com Report-May 1, India’s wheat reserves in government warehouses increased by 57% to a three-year high at the start of the new crop year in April 2025, according to official data. This ...
Vale Reports 17% Drop In Q1 2025 Net Income Amid Lower Iron Ore Prices
Wedoany.com Report-Apr. 27, Brazil-based iron ore producer Vale reported a 17% decline in net income for the first quarter of 2025, ending March 31, primarily due to lower iron ore prices. Net income ...
Liberia showcases climate-resilient rice varieties to boost national food security
Wedoany.com Report-Apr. 26, The Central Agricultural Research Institute (CARI) in Liberia hosted a Field Day to introduce ten new upland rice varieties. Organized by AfricaRice, CARI, and the Ministry...
Rice Prices Plummet 16% in Eastern India Amid Bangladesh’s Land Port Closure
Wedoany.com Report-Apr. 23, In Bangladesh, rice prices in the eastern region have decreased by 16% over the past ten days, driven by the closure of land ports with India and an increase in local fresh...
JP Morgan See Gold Prices Crossing $4,000/Oz by Q2 2026
Wedoany.com Report-Apr. 23, JP Morgan forecasts gold prices to surpass $4,000 per ounce by the second quarter of 2026, with an average of $3,675 per ounce expected by the fourth quarter of 2025. This ...
Nigeria Reduces Electricity Subsidies by 35% Following Tariff Hike for Heavy Users
Wedoany.com Report-Apr. 22, Nigeria has reduced electricity subsidies by 35% following a tariff increase for specific consumers last year, according to Power Minister Adebayo Adelabu. The adjustment, ...
Oil Prices Climb Slightly With Iran Supply, Trade Talks in Focus
Wedoany.com Report-Apr. 21, Oil prices edged higher at the week’s close, driven by positive developments in U.S. trade negotiations and shifting market dynamics. West Texas Intermediate (WTI) cl...
Azerbaijani Oil Moves up in Price
Wedoany.com Report-Apr. 18, The price of Azerbaijan’s Azeri Light crude oil, delivered on a CIF basis to the Italian port of Augusta, rose by $0.88, a 1.28 percent increase, reaching $69.34 per ...
JP Morgan Cuts Oil Price Forecasts on Weak Demand, Higher Output
Wedoany.com Report-Apr. 15, JP Morgan recently revised its oil price forecasts for 2025 and 2026, pointing to increased OPEC+ production and reduced global demand. The bank lowered its 2025 Brent crud...