Inflation is primarily driven by oil prices, with recent spikes due to the pandemic and Russia's invasion of Ukraine. Explore ...
Crude oil on Friday pared back some of its losses for week. A Thursday selloff followed a Financial Times report, citing people familiar with Saudi officials' thinking, which said the kingdom was ...
Oil prices edged higher on Friday, but were set for a weekly drop as investors weighed expectations for higher global supply ...
Expectations that the OPEC and its allies will start unwinding voluntary output curbs of 2.2 million barrels a day starting ...
The squeeze on consumers’ pockets at the pumps will be leaner after all as global oil prices suddenly crashed at end-week ...
Oil futures edged higher in Friday dealings but remained on track for a weekly loss on expectations OPEC+ will boost production before year-end, as investors cast doubt on whether an aggressive round ...
Oil slumped again on reports of the Saudis moving to defend their market share. But lower prices may likely persist ...
Oil futures on Thursday ended at their lowest in about two weeks, pressured after the Financial Times reported that Saudi ...
Gold prices (XAUUSD:CUR) ticked lower on Friday, however, set for their third-consecutive weekly gain, as weak U.S. data ...
On a weekly basis, Brent crude was down almost 4%, while WTI was on track to lose nearly 6%. "The recent decision by OPEC+ to ramp up production has only added to the gloom," said Priyanka Sachdeva, ...
Brent crude fell by as much as 3.7% to $70.72, a two-week low - knocking billions off the value of London-listed energy ...
Oil prices are set for a weekly drop due to a combination of factors, including the Libyan oil production agreement, Saudi Arabia's potential shift away from a $100 per barrel target, and OPEC+ plans ...