Local Business
Friday, July 24, 2026 · Salem
OPEC+ Countries Announce Modest Oil Production Increase for August
Seven OPEC+ countries will increase oil production by a combined 188,000 barrels per day in August. The Organization of the Petroleum Exporting Countries and its allies made the announcement on Sunday. This adjustment follows recent declines in oil prices.
Fertilizer Prices Decline Amid Strait Reopening, Farmers Anticipate Slow Relief
Fertilizer prices have decreased following the reopening of the Strait of Hormuz and discussions surrounding a potential U.S.-Iran peace agreement. However, agricultural producers in the United States do not expect immediate financial improvement. Relief for farmers grappling with high input costs may take several months to materialize.
Friday, July 24, 2026
Three barriers keep shipping out of Strait of Hormuz despite end to conflict
Shipping companies have not restored normal operations through the Strait of Hormuz following the conflict. Experts cite security risks, sea mines, and new toll requirements as the main obstacles to resuming full traffic.
Friday, July 24, 2026
Gasoline Prices Fluctuate Amidst Middle East Conflict
Gasoline prices have seen fluctuations in recent periods. These changes coincide with global events impacting maritime commerce, particularly in key oil transit routes. Drivers have experienced uncertainty regarding fuel expenses.
Friday, July 24, 2026
Gasoline Prices Fluctuate Amidst Middle East Conflict
Gasoline prices have seen fluctuations in recent periods. These changes coincide with global events impacting maritime commerce, particularly in key oil transit routes. Drivers have experienced uncertainty regarding fuel expenses.
Friday, July 24, 2026
OPEC+ Countries Announce Modest Oil Production Increase for August
Seven OPEC+ countries will increase oil production by a combined 188,000 barrels per day in August. The Organization of the Petroleum Exporting Countries and its allies made the announcement on Sunday. This adjustment follows recent declines in oil prices.
Friday, July 24, 2026
U.S. Home Prices Reach Record High Amid Slowing Sales
Sales of previously owned homes in the U.S. decreased in June. Simultaneously, a key measure of home prices reached an all-time high. This trend has impacted the affordability for prospective buyers.
Friday, July 24, 2026