Brent crude futures were up 26 cents, or 0.25 percent, to $105.89 a barrel

Xi said negotiations between economic and trade teams on Wednesday had reached an "overall balanced and positive outcome"

India, which holds the BRICS chair this year, is hosting the two-day gathering of foreign ministers from the expanded bloc, which now includes Iran and the United Arab Emirates -- countries at odds over the conflict launched by the United States and Israel on February 28.

Consumer inflation in the United States hit a three-year high in April, with the economic fallout of US President Donald Trump’s Iran war rippling through the world’s largest economy.

Global oil supply will not meet total ‌demand this year as the Iran war wreaks havoc on Middle East oil production, the International Energy Agency said in its monthly oil market report on Wednesday.

In its motion for a stay, the Trump administration argued that the CIT's decision should be stayed pending the full run of government appeals

Why raising revenue is central to development

Brent crude futures dropped $1.22, or 1.1 percent, to $106.55 a barrel

Meeting happens ahead of Trump–Xi summit

Prime Minister Narendra Modi has made austerity appeals to Indians, urging them to place “nation first above personal comfort”, and avoid foreign trips, use less fuel and start working from home (WFH) more often.

The Bangladesh Chamber of Industries (BCI) has urged Bangladesh Bank to introduce long-term financing, lower lending rates, and relax loan classification rules to support industries struggling under mounting financial pressure

Geopolitically driven oil supply disruptions could create severe headwinds for oil-importing economies through higher inflation, tighter financial conditions, and pressure on trade balances, according to a recent World Bank (WB) report

Brent crude futures gained $2.85, or 2.7 percent, to $107.06 a barrel

The international benchmark Brent crude jumped 1.3 percent to $105 a barrel

Gas prices surge on Iran war, creating political risk for Trump and Republicans before midterms

The dollar was steady on Monday after US President Donald ​Trump rejected Iran’s response to a US peace proposal, sending oil prices higher and prompting renewed concerns that ‌the conflict in the Middle East will drag on.

As President Donald Trump prepares to meet with Chinese President Xi Jinping this week, the US auto industry and lawmakers on both sides of the aisle are hammering him with ​a simple message: Please don’t offer China any access to the US car market.

Gianni Infantino, head of soccer’s global governing body, has called this year’s men’s World Cup the “most inclusive” in history.

The BGMEA and BKMEA sat with the premier in two separate meetings

Trump's repudiation of Iran's response to his latest peace proposal raised the likelihood of further violence and disruptions to oil supplies through the Strait of Hormuz