West Texas Intermediate was near $63. Trump’s focus on Iran followed the Islamic regime’s crackdown on protests against the government of Ayatollah Ali Khamenei, and has injected some risk premium into oil prices. A gauge of the dollar tumbled to the lo

U.S. markets were mostly churning higher again in off-hours trading early Wednesday, while prices for gold and silver soared ahead of an interest rate decision by the U.S. Federal Reserve. Futures for the Dow Jones Industrial Average were nearly unchange

U.S. markets were mostly churning higher again in off-hours trading early Wednesday, while prices for gold and silver soared ahead of an interest rate decision by the U.S. Federal Reserve. Futures for the Dow Jones Industrial Average were nearly unchange

U.S. sanctions on Russia and Venezuela have boosted tonne-miles, increased floating storage, and shifted trade from shadow fleets to mainstream tankers.

Annual conventional discoveries have fallen from over 20 billion boe in the early 2010s to about 8 billion boe since 2020.

Federal Reserve officials are expected to keep their short-term interest rate unchanged Wednesday after three cuts last year, ignoring huge pressure for lower borrowing costs from the White House in favor of waiting to see how the economy evolves. The ce

If anyone on the Federal Reserve's policy committee votes against the majority at the Fed's next meeting Wednesday, they may regret it down the line.

Economists are generally optimistic about the economy, but the public hasn't hated it this much in more than a decade—these charts show why.

In recent days, a wave of flows in the interest rate futures market linked to the Secured Overnight Financing Rate and the fed funds rate, the Fed’s policy benchmark, has been gathering pace just as Rieder’s odds to be the next Fed chair climbed to the to

Consumers' confidence in the future of the economy fell to its lowest level in more than a decade in January, but some parts of the population are still spending like there's nothing to fear.

Investors will be watching for clues as to whether the Fed will cut in 2026, and by how much.

By Marianna Parraga and Jarrett ​Renshaw HOUSTON/WASHINGTON, Jan ‌27 (Reuters) - U. officials are ‌working to issue a general license soon that ⁠would ‌lift some sanctions on Venezuela's ‍energy sector, three sources close to ​the preparation ‌said on Tue

BENGALURU/LONDON Jan 27 (Reuters) - U. demand for imported fuel oil is set to fall this year as refiners snap up new flows of heavy Venezuelan crude, ​yielding more domestically produced fuel oil that can be processed into higher-value products such as ga

Rick Rieder oversees roughly $2.3 trillion in fixed income at BlackRock. His obsession with risk has made him a market legend—and a surprise Fed chair contender.

Jerome Powell will announce the central bank's next interest rate decision on Jan. 28 amid political and legal turmoil involving the Fed.