With "current monetary policy moderately or modestly restrictive," Federal Reserve officials felt they are "well positioned ...

Oil futures shook off the initial negative reaction to OPEC+ further accelerating the return of production to settle higher.

OPEC+ is pushing barrels into a market that is widely expected to be oversupplied later in the year. Brent oil futures have ...

Asian stock markets dipped on Monday as investors tried to understand Washington’s mixed signals about delaying planned UUS ...

Jerome Powell returns to Capitol Hill where Republicans plan to challenge the Fed's $2.5 billion headquarters renovation ...

Oil prices settled down just over 1% on Wednesday after U.S. data showed surprisingly large build in gasoline and diesel inventories, swelling fuel supplies with OPEC+ planning more output and ...

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Shale producers now need a price of $65 per barrel on average to profitably drill, according to a first-quarter Dallas Federal Reserve survey of over 100 oil and gas companies in the Texas, New ...

Brent tumbled by as much as 4.6 per cent towards US$58 a barrel. Read more at straitstimes.com. Read more at straitstimes.com.

That uncertainty will overshadow the Federal Reserve’s meeting this week. The Fed is expected to hold its benchmark interest rate steady on Wednesday.

Oil prices slumped again Monday, just days after OPEC + announced it would accelerate production for the second month in a row, putting further pressure on the Trump administration’s “Drill ...

Crude oil prices stabilized today, following Monday's decline, supported by short-covering and lower OPEC+ production, although concerns about tariffs and a potential recession persist.