Outlining what the forward curve shows today, the Standard Chartered Bank analyst pointed out that “backwardation extends ...

In his first statement since taking office, Iran's new supreme leader said the Strait of Hormuz, crucial to global oil supply, is staying shut. It's led the US to temporarily lift sanctions on Russian ...

As oil costs skyrocket amid the conflict with Iran and an exceptionally cold winter drags into its final weeks, many Massachusetts residents are facing an energy crisis – but still have time to apply ...

Bitcoin fluctuated close to recent price levels as oil briefly jumped back above $100 a barrel on deepening concerns about the Iran conflict. The original cryptocurrency fell as much as 2% following ...

Add Yahoo as a preferred source to see more of our stories on Google. Oil prices surged and markets slid Monday after hard-line Ayatollah Mojtaba Khamenei was chosen to succeed his late father as Iran ...

DUBAI, United Arab Emirates (AP) — Oil prices surged and markets slid Monday after hard-line Ayatollah Mojtaba Khamenei was chosen to succeed his late father as Iran's supreme leader, signaling that ...

DUBAI, United Arab Emirates – President Donald Trump said Monday that the war against Iran could be short-lived, but he left open the possibility of an escalation in fighting if global oil supplies ...

NEW YORK, March 6 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack said on Friday that while she expects inflation pressures to moderate, if they are not easing later this year the ...

The construction industry shed an estimated 11,000 positions overall in February, according to the Bureau of Labor Statistics' March 6 jobs report estimating that the U.S. economy shed 92,000 jobs for ...

The war with Iran has driven up crude prices. Oil could continue rallying if Iran impacts global oil supplies or fall if there's a de-escalation in the conflict. Oil giants Chevron and Exxon offer ...

Oil futures are at their highest level since July 2024. The S&P 500 is now in negative territory for the year. Notes: Data shows future contract prices for Brent crude oil. Data delayed at least 15 ...

Motorists see prices jump as much as 19 cents overnight; economists warn the volatility could impact the broader local economy. The pain at the pump has returned for Western Pennsylvania motorists as ...