UK drivers with diesel cars face £80 blow as RAC delivers price verdict
Filling up a standard family car's tank is now around £80.15, which is putting significant financial strain on those driving ...
Inflation Rises Unexpectedly, Complicating Picture for the Fed
“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...
OilPrice.com1h
Oil Prices Fall On Rising Crude Inventories, Hawkish Fed
Oil prices fell in Wednesday's morning session, ending three days of gains thanks to rising U.S. crude stockpiles and hawkish ...
Petrobras Can Cope With Cheaper Oil Under Trump, CEO Says
Petrobras Chief Executive Officer Magda Chambriard said the Brazilian oil giant can withstand global prices sliding a little lower under Donald Trump, in part by leaning on its customers in China and ...
Oil prices decline as U.S. crude supplies climb for a third week in a row
Oil futures looked to post a loss Wednesday, their first in four sessions, after official U.S. data revealed a third straight ...
Valentine's Day chocolates are about to get more expensive! Cocoa prices have risen 400% thanks to climate change, study warns
No Valentine's Day would be complete without a box of chocolates to gift your loved one. But experts warn that climate change ...
Oil prices fall, pressured by hawkish Fed and rise in weekly U.S. crude supplies
Crude's weakness on Wednesday “stems from the Federal Reserve keeping a hawkish outlook in place despite President \[Donald\] Trump’s request for the Fed to cut rates in order to spur investment from ...
Here's the inflation breakdown for January 2025 — in one chart
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...
OilPrice.com2h
Oil Prices Drop As EIA Shows Crude Inventories Continue to Climb
Crude oil inventories in the United States saw a build of 4.1 million barrels during the week ending February 7 ...
Indian refiners work to build sanctions-proof supply chain for Russian oil
Some are existing outfits that have not been impacted by the punitive measures, while others are newly created, replacing ...
Trump calls for lower interest rates to go 'hand-in-hand' with tariffs: 'Lets rock and roll, America'
President Trump's comments come a day after Fed Chairman Jerome Powell said on Capitol Hill that the central bank doesn’t need to “hurry" to lower interest rates.
Oil prices drop after industry data shows big rise in U.S. crude inventories
The American Petroleum Institute, an industry trade group, reported late Tuesday that U.S. crude inventories rose 9.04 million barrels last week, according to a source citing the data, while gasoline ...