Oil prices settled mixed on Thursday after a choppy trading session, as traders mulled conflicting reports of progress on a potential deal ?to extend a ceasefire between the U.S. and Iran.
Global oil inventories are fast approaching a critical point, with Asia the first facing “minimum operational levels” and Europe close behind. This is the latest in a growing series of warnings from industry experts about the state of oil supply and the p
Federal Reserve Vice Chair Philip Jefferson said on Wednesday that the current setting of monetary policy is ?in the right place amid ongoing upside risks to the inflation ?outlook.
Oil majors are rediscovering Alaska amid the unprecedented oil and gas crunch caused by the war in the Middle East. Previously considered a sort of toxic drilling destination, the northernmost state is now returning to the spotlight as a source of secure
New Fed Chair Kevin Warsh has "difficult job in front of him," expert says 04:51 New Federal Reserve Chair Kevin Warsh could face a rude awakening this week with the release of key inflation data that economists expect to show consumer prices continuing
Last week, Kevin Warsh was sworn in as the new chairman of the U.S. Federal Reserve. He served on the Feds Board of Governors from 2006 to 2011, and he also spent several years on Wall Street. He will need every bit of that experience in his new role, be
Oil prices opened trade this week with a decline on reports that a deal between the U.S. and Iran was imminent. Brent crude slipped below $100 for the first time in days. But then President Trump said there was no rush on a deal and the U.S blockade in Ho
Gold jumped as signs the US and Iran are closing in on a deal that would reopen the Strait of Hormuz tempered inflation concerns.
Investors are salivating for SpaceX’s blockbuster IPO in a few weeks, but there are already a number of publicly traded stocks with exposure to different parts of the expanding space economy.
Oil prices were volatile on Thursday, ultimately settling about 2% lower as uncertainty over prospects for resolving the U.S.-Israeli conflict with Iran weighed on the market.
Rachel Reeves has launched a fresh tax raid on energy giants, including BP and Shell, to fund ?1.8bn of cost of living support.
Fed officials are looking at holding rates longer than thought, while also considering rate hikes if inflation remains sticky, according to minutes from the central bank’s April policy meeting released Wednesday.
Oil plummeted after US President Donald Trump said the US is in the “final stages” with Iran, raising expectations for a near-term restart of energy flows through the critical Strait of Hormuz.
U.S. President Donald Trump signed an executive order on Tuesday calling on regulators and the ?Federal Reserve to review rules that may be stifling ?financial innovation, including whether the central bank could expand fintech access to its ?payment rail
Responding to Middle East crises and rising oil prices, the United Nations on Tuesday lowered its forecast for global economic growth and raised the prospects for inflation this year.
