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As crude prices have surged, costs for refined products like diesel and jet fuel have flown even higher, putting pressure on myriad market sectors.
“I don’t know if we were lucky in it or just that these types of events highlight the importance of those types of scarce resources,” said Brian Laks, the CIO of Old West, which oversees about $1 billion of investments. Old West’s decision to increase it
Morrisons is exploring a sale of its cherished food manufacturing arm as the Iran war fuels British businesses’ fear of inflation.
One of the world’s largest airlines has begun taking fuel-saving measures as bosses brace for the possibility that the price of oil is poised to surge 60 per cent higher.
Rising costs for fertilizer, feed, packaging and shipping are going to seep into the prices that people see on grocery shelves, experts say.
The market is still anticipating multiple rate cuts later this year. There's a case building that the Fed's next move might be a rate hike.
These oil stocks can cash in on higher prices while still thriving at lower levels.
The global Brent benchmark has jumped more than 50% to around $112 a barrel as the near-complete closure of the Strait of Hormuz and attacks on Middle East energy facilities choke supplies. Trucking companies are starting to feel the impact of higher fue
Women are more skeptical of AI. Their hesitation will make AI safer, says Harvard researcher Mara Bolis.
Money markets are betting on rate hikes by the European Central Bank this year, with the first as soon as next month. The Bank of England shifted to a more hawkish stance and a rate hike is still on the table for the Bank of Japan.
Harvest season in Brazil is about to begin, and cane farmers must decide how much goes to sugar and how much to ethanol.
Two well-established headwinds threaten to upend the Trump-fueled bull market.
“Asia is at the heart of this drama.\\
Lloyd Blankfein may be retired, but the 71-year-old former boss of Goldman Sachs continues to divide opinion.
Are we headed for a bear market?