Oil prices settled down more than 2% on Wednesday after U.S. President Donald Trump took the first big step toward diplomacy ...
After spending so much money on a pro-inflation candidate, the oil industry is dismayed to see its costs rising and wants carveouts.
Oil edged down in early Asian trade as traders digested U.S. CPI data and signs of supply pressure.
After initially reeling on a report showing inflation is worsening for Americans, U.S. stocks are wavering between sharp and much more modest losses on Wednesday. The S&P 500 was down 0.2%, as of 1:40 ...
The higher than expected inflation number for January came during during Fed chairman Jerome Powell's semiannual testimony before Congress.
Oil prices edged up to a two-week high on Tuesday as sanctions raised concerns about Russian and Iranian oil supplies and on ...
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
President Donald Trump made a campaign promise to lower prices on Day One. Well, it’s Day 24, and as anyone who has gone shopping for eggs lately knows: Prices aren’t any lower than they were on ...
Russia’s revenue from the export of crude and other oil products rose last month despite Western sanctions, according to the IEA, with with all barrels sold above the Western-imposed price cap of $60.
The fall inflation will come as a relief to consumers and is likely to open up room for the RBI to consider another rate cut.
So a combination of both led to elevated inflation for coconuts," said Paras Jasrai, senior analyst, India Ratings and Research. Coconut oil, in particular, has gained popularity due to its ...