NEW YORK, Oct 23 (Reuters) - Oil prices fell on Wednesday after data showed U.S. crude inventories rose by more than expected even as refining activity rebounded, though futures remained up about ...
Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...
Israel then invaded southern Lebanon, and the Biden administration urged restraint as the Israeli government reportedly weighed a retaliatory attack on Iran’s oil fields. In sum, the past few ...
HOUSTON, Oct 18 (Reuters) - Oil futures fell on Friday, declining more than 7% on the week after data showed China's economic growth slowed and investors digested a mixed Middle East outlook.
The world is heading into an era of cheaper energy prices as a shift towards electricity use leaves behind surpluses of oil and gas, the International Energy Agency predicted. Global demand for ...