US, Iran release prisoners in US$6 billion swap deal

Flashing back to our Economics 101 classes, we know that, all else equal, a shortage of supply relative to demand will lead to rising prices. We’re see a textbook example of that ...

Record volumes of crude oil were imported into China during the first half of 2023 because of refinery expansions in the country and initiatives to reopen the economy after the ...

As crude futures leap higher, traders and analysts are increasingly talking about when — not if — prices return to $100 a barrel. Across the world, premiums for physical barrels ...

As the energy transition accelerates over the next decade, oil demand growth is expected to falter. In a more competitive, less profitable refining market, refiners need to high ...

Expectations are that the FOMC will leave rates unchanged after their deliberations on September 19-20. These are unlikely to be disappointed. The FOMC is unanimous in its ...

Natural gas prices (/NGV3) are trading higher in afternoon Wall Street trading, rising 2.5% or $0.06 per million British thermal units (mmbtu), as longs reenter the trade ...