The American Petroleum Institute (API) estimated that crude oil inventories in the United States increased by a whopping 13.4 million barrels in the week ending February 6, and more than offsetting ...
HOUSTON, Feb 13 (Reuters) - Oil prices settled marginally higher on Friday after data showed an overall slowdown in U.S. inflation, helping offset supply concerns as OPEC+ is leaning towards a ...
U.S. crude oil inventories fell last week as imports declined and exports rose, according to data released Wednesday by the U.S. Energy Information Administration. Commercial crude oil stocks ...
A recent increase in industrial metals prices could prove resilient, but inflation traders have not "fully incorporated this impulse" and appear to be underpricing the upside risk, according to a team ...
Economists polled by Reuters had expected the inflation rate to dip to 1.7%, down from 2% in December. The European Central Bank next meets on Thursday and is expected to hold its benchmark interest ...
A recent report found that a majority of grades given out at Harvard were A’s. Professors will vote on a proposal to limit the number to around 20 percent. By Mark Arsenault Harvard undergraduates ...
At the same time, the labor market shows signs of cooling, keeping pressure on policymakers to balance inflation control with economic growth considerations. The Fed’s cautious pause comes amid ...
For bitcoin BTC $68,549.89 bulls, it feels like one setback after another. First precious metals like gold and silver surged to record highs, sucking capital away from the crypto market. And now oil's ...
The Federal Reserve sets monetary policy in the United States with two main goals in mind. Its first goal is to provide for stable prices over time, which is to say the Fed has the job of managing ...
Exxon CEO sees U.S. commitment to attract investment in Venezuela Exxon willing to send technical team to Venezuela Potential changes in Venezuela could benefit operations near Guyana Jan 30 (Reuters) ...
When the U.S. dollar weakens, it is understood the debasement trade will favor assets considered a hedge against the dollar debasement. After gold and silver hit record highs, even oil is rallying.
America dramatically lowers tariffs on Indian goods. India stops buying Russian oil in favor of Venezuelan and American crude. Russia will be deprived of a core customer and source of funding for the ...