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  • Associated Press Finance

    Oil producers led by Saudis face a decision on whether to extend production cuts as oil prices lag

    Saudi Arabia and allied oil producing countries face a decision Sunday on whether to extend production cuts set to expire next month — a move that could push oil prices higher as the summer travel season increases demand for fuel and as the U.S. presidential election contest heats up. The full OPEC+ alliance, made up of members of the producers cartel and allied countries, including Russia, is holding an online meeting, but the cuts in question concern a smaller group of eight, including the Saudis. Reasons include rising non-OPEC production, higher interest rates and concerns about demand due to slower than desired economic growth in Europe and China.

  • Reuters

    At Shangri-La Dialogue, Ukraine's allies - and Zelenskiy - push for more defence aid

    Ukraine's allies will step up to provide military assistance as the country weathers attacks by Russia, officials said at the Shangri-La Dialogue global defence forum in Singapore, where Ukrainian President Volodmyr Zelenskiy was a surprise visitor. More than two years after Russia invaded, Kyiv faces renewed assaults on its territory, particularly in the region around the northeastern city of Kharkiv. A greater flow of artillery ammunition has strengthened defences there, but more is needed - particularly surface-to-air missiles, said Germany's chief of defence, General Carsten Breuer.

  • The Independent

    BBC issues request in response to Strictly scandal involving Giovanni Pernice

    Channel has remained quiet on the subject – until now