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April WTI crude oil (CLJ26 ) today is up +1.45 (+2.22%), and April RBOB gasoline (RBJ26 ) is up +0.0271 (+1.20%). Crude oil and gasoline prices are moving sharply higher today, with crude posting a 7-month high and gasoline posting an 8-month high. Concer

Oil ends the month on a firm footing as Iran tensions simmer, but muted attention on the upcoming OPEC+ meeting could set the stage for an unexpected production hike.

Measures of inflation have sent mixed signals in the past several weeks, prompting some Federal Reserve officials to favor collecting more data before further easing.

U.S. producer prices rose more than expected in January, possibly due to tariffs. The spike may signal a coming rise in inflation.

US wholesale inflation heated up more than expected in January, new data showed Friday.

Venezuela has suspended 19 production-sharing oil agreements while reviewing foreign participation under a newly amended hydrocarbons law.

Brent traded above $71 a barrel after closing little changed on Thursday and West Texas Intermediate was near $66. Iran said recent talks in Geneva showed good progress, though a person familiar with the US position said the Americans left disappointed.

U.S. stocks are sinking Friday as Wall Street gets back to hunting and punishing companies that could be made losers by the artificial-intelligence revolution. The number was so much worse than expected that it could help persuade the Federal Reserve to

An AI productivity boom, if it materialises, may help buy major economies more time to clean up their strained public finances, economists say, although it won't do the heavy lifting. Debt is above 100% of output across most rich economies and set to ris

The prospects for AI to sustain build-out spending and to harm legacy industries continue to be front of mind for Wall Street.

HOUSTON, Feb 26 (Reuters) - Venezuela's oil ministry has suspended 19 oil production-sharing contracts with private ‌companies signed under the administration of President Nicolas Maduro, ‌four sources with knowledge of the move told Reuters. The suspensi

South America’s energy landscape is rapidly changing with Brazil, Guyana, and Argentina driving non-OPEC oil growth, while Colombia faces decline and Venezuela attempts a difficult return amid massive infrastructure challenges.

April WTI crude oil (CLJ26 ) on Thursday closed down -0.21 (-0.32%), and April RBOB gasoline (RBJ26 ) closed up +0.0079 (+0.35%). Crude oil and gasoline prices settled mixed on Thursday in volatile trade, with crude falling to a 1-week low. Crude prices w

Federal regulators have officially reopened a door California politicians have spent years trying to weld shut.