Business

Oil prices climb over 1%, Brent crude reaches $97.05 per barrel

Jun 03, 2026

Washington [US], June 3: Oil prices rose by more than 1% during early trading today, Wednesday, continuing their gains after reaching their highest levels in a week during the previous session.
Brent crude futures increased by $1.05, or 1.09%, to reach $97.05 per barrel, while US West Texas Intermediate crude rose by about $1.01, or 1.08%, recording $94.77 per barrel.
Source: Emirates News Agency

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What GeM Did for Government Buying, Shrevit Wants to Do for Private Enterprise Procurement

Mumbai (Maharashtra) [India], November 2: When the Government e-Marketplace (GeM) moved public purchasing in India onto a single digital platform, it gave government buyers something most private companies still lack: one transparent, rule-bound environment where every tender, bid and approval leaves a record. Inside many enterprises, procurement still runs on long email threads, spreadsheets saved as "Quote_v3_FINAL", missing vendor documents and approvals that sit unattended for days.

Nov 02, 2026