Oil markets are trapped in a Trump-driven guessing game, with Iran fears lifting prices one moment and calming signals pulling them back the next.

Billionaire oil magnate Harold Hamm has ceased drilling operations in North Dakota’s Bakken shale, citing low margins as oil prices remain near the $50 per barrel range and costs increase.

Donald Trump regained the White House with a promise to “drill, baby, drill”. But the biggest obstacle to his oil bonanza increasingly seems to be Trump himself.

WASHINGTON, Jan 16 () - White House adviser Kevin Hassett played down the federal criminal investigation into Federal Reserve Chair ​Jerome Powell on Friday, saying he expected there would be \\

Trump said on Tuesday that he hopes to name a new Fed chair in the next few weeks. But that could get held up by the criminal investigation of Powell.View on euronews

Brandeis economics professor Benjamin Shiller says the stranger you are, the more employable you’ll be. Just look at self-driving cars and kangaroos.

In an industry known for its booms and busts, higher oil prices have historically spurred greater drilling activity, and therefore more hiring. In the years after the 2014 oil price crash, investors pushed companies to focus on profits instead of growth,

Europe is ramping up defence spending, led by Germany, with economists expecting a modest boost to growth. While rising orders support activity, long production lags and structural headwinds may limit the economic pay-off.View on euronews

Jan 16 () - Oil prices fell in Asian trade on Friday, extending losses from the previous session, as concerns about supply risks eased after the ​likelihood of a U. Brent was down 21 cents, or ‌0.

Aggressive layoffs, efficiency gains, and exits from loss-making low-carbon ventures helped the five supermajors generate about $96 billion in free cash flow.

Kansas City Fed president Jeff Schmid said Thursday he thinks inflation remains too high and cutting interest rates could drive it higher, eclipsing any benefit to the job market.

Federal Reserve governor Michael Barr said Thursday the Justice Department's criminal inquiry into the central bank — as well as the White House's accusations against Fed governor Lisa Cook — amount to \\

Fresh readings on consumer and wholesale inflation showed prices remain sticky, underscoring expectations that Federal Reserve officials will not cut interest rates in the near term. Fed officials, meanwhile, are studying the data to predict what inflatio

An abrupt surge in oil prices could cause inflation to rise and spark volatility in markets. Brent on Tuesday jumped to the highest level since November.

TOKYO, Jan 14 () - Oil prices paused their run of gains on Wednesday, slipping after four days of increases, as Venezuela resumed exports, but fears of Iranian supply disruptions following deadly ​civil unrest in the major Middle Eastern producer loom ove