Inflation is primarily driven by oil prices, with recent spikes due to the pandemic and Russia's invasion of Ukraine. Explore ...

Oil slumped again on reports of the Saudis moving to defend their market share. But lower prices may likely persist ...

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 ...

Elsewhere, Hurricane Helene barreled into the western coast of Florida, packing dangerous winds and threatening to unleash ...

Oil futures on Thursday ended at their lowest in about two weeks, pressured after the Financial Times reported that Saudi ...

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 ...

Prices of oil continue to drop after a new report revealed Saudi Arabia is considering increasing production later this year.

U.S. stocks rose to another all-time high, but a slide in oil prices kept the gains in check by weighing down energy ...

Crude dropped more than 2% on reports that Saudi Arabia is ready to let more barrels flow into the market even if prices fall ...

Saudi Arabia is preparing to abandon its informal target of $100/bbl for crude oil. Saudi Arabia is preparing to abandon its informal target of $100/bbl for crude oil as it plans to increase ...

A big winner of the AI frenzy, Super Micro Computer, was meanwhile giving back some of its huge gains after more than ...