The failure in 1973 to return to convertibility, or hold the exchange rate, at a 42.22nd of a gold ounce, rattled currency ...

Last Updated on June 30, 2025 by Matt Staff The 1970s oil crisis hit everyone with the gravity of an empty-tank warning light ...

Oil benchmarks drop nearly 12% for the week, the steepest fall in almost two years, as a surprise ceasefire between Israel ...

Fears about supply, demand, profits and supply chains all combine into a volatile mix that delivers prices that are often higher in a crisis, but also change more rapidly and by larger amounts.

Oil prices headed for their steepest weekly decline since March 2023 on Friday, as the absence of significant supply ...