Oil prices were little changed on Friday after falling in the previous session, on receding concerns of an Iranian conflict.

Oil prices dropped on Friday as worries about large supplies and declining demand outweighed expectations that the year's first interest-rate cut by the U.S. Federal Reserve would trigger more ...

A decrease in oil supply drives up oil prices, which can raise unemployment and inflation. To counter adverse effects on inflation, a central bank may choose to increase its policy rate, potentially ...

NEW YORK, Dec 5 (Reuters) - Oil prices edged up nearly 1% to a two-week high on Friday on increasing expectations the U.S. Federal Reserve will cut interest rates next week, which could boost economic ...

The daily rates for chartering a vessel to transport commodities have surged this year, with oil tanker rates skyrocketing by 467%, as shippers of a growing commodity supply are grappling with a ...

Global oil markets face increasingly sharp and frequent price shocks as geopolitical tensions, opaque stockpiling and ...

Oil prices rising and inflation sticking higher than expected are both reasons to keep the rate high - or even to raise it to 4.5 per cent again, in the eyes of some. But slowing wage growth, ...

Oil prices changed course to drop more than 1% on Monday as investors closely watched ongoing talks to end the war in Ukraine, while focus primarily remains on an expected U.S. Federal Reserve ...