Crude-oil markets won’t officially open for a few more hours, but traders are already using prediction markets like Kalshi to take bets on where prices will settle on Monday.

“You’ve got this somewhat dystopian narrative permeating the psychology of the market” with respect to AI and jobs, asset-management firm’s CIO says.

Hundreds of tankers carrying oil and liquid natural gas have dropped anchor or remain stationary near the Strait of Hormuz.

Oil futures will begin trading later on Sunday. Saudi Aramco shares were climbing as trading resumed in Saudi Arabia, possibly hinting that crude is headed for a surge.

The Fed is debating whether AI will boost productivity and lead to lower inflation. Many Fed officials also acknowledge that in the short term, AI could disrupt the job market, creating a predicament for policymakers.

Oil-producing countries have pledged to pump more crude into the market as they aim to take advantage of a looming price surge triggered by the crisis in Iran.

Key members led by Saudi Arabia and Russia — which had paused a series of hikes during the first quarter — will add 206,000 barrels a day in April, according to a statement after their monthly video conference on Sunday. The conflict in the Middle East t

Labour’s policies are harming growth and undermining young people’s job prospects, Sir Tony Blair has warned.

Reports indicate Iran’s military is not allowing passage through the Strait of Hormuz, a crucial waterway connecting the Persian Gulf and the Gulf of Oman.

Oil markets currently closed for the weekend are set to see price swings next week as the impact from the U.S. and Israeli strikes on oil supplies from the Middle East remains unclear. Scenarios before the latest conflict with Iran foresaw a quick price

Americans are facing longer retirement as well as higher prices and their savings may not stretch as far as they'd like, a 2025 study shows.

After the US and Israel struck Iran with a series of air strikes on Saturday, triggering immediate retaliation, oil prices could jump by $10 to $20 or more.

After the US and Israel struck Iran with a series of air strikes on Saturday, triggering immediate retaliation, oil prices could jump by $10 to $20 or more.

After the US and Israel struck Iran with a series of air strikes on Saturday, triggering immediate retaliation, oil prices could jump by $10 to $20 or more.

After the US and Israel struck Iran with a series of air strikes on Saturday, triggering immediate retaliation, oil prices could jump by $10 to $20 or more.