Oil prices have tumbled back toward $60 per barrel. This is a dramatic reversal from the crisis-driven surge that gripped ...

The Ministry of Investment, Trade and Industry (MITI) said the recent Iran-Israel armed conflict led to a surge in global oil prices, which in turn increased the cost of raw materials and logistics.

In fact, they are so tense that the U.S. president appears willing to risk an oil price surge with secondary tariffs—and ...

K ,1,960K forecast, 1,974K previous US Core PPI (YoY) (Jul): 3.7% ,2.9% forecast, 2.6% previous US Core PPI (MoM) (Jul): 0.9% ,0.2% forecast, 0.0% previous ...

Although today’s dangers are not in the same league as a world war, they are significant. Pundits talk of a “polycrisis” running from the covid-19 pandemic, land war in Europe and the worst energy ...

Ole Hansen, Head of Commodity Strategy, Saxo Bank The global crude oil market continues to navigate a complex web ...

Crude oil futures fell for the third straight session Wednesday, dragged down by higher inventory levels of U.S. fuels and concerns about the wider economic impact of looming U.S. tariffs. The U.S ...

The U.S. sees domestic crude output growth slowing more than expected this year as choppy oil prices limit drilling activity. U.S. crude output is now expected to grow by 160,000 barrels a day ...

NEW YORK — The recent surge in oil prices is forcing sharp increases in gasoline and other fuels that could cascade throughout the U.S. economy for months to come. Pump prices, which are already ...