News

Higher Oil Prices Mean Less GDP
Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.
Zelenskyy warns oil price surge could help Russia’s war effort
Ukrainian President Volodymyr Zelenskyy says rising global oil prices following Israeli strikes on Iran will strengthen ...
Oil-Price Surge Could Complicate U.S. Inflation Fight
A sustained surge in oil prices is likely to complicate the U.S. fight against inflation. A $10-a-barrel increase would boost ...
What’s Fueling Oil Prices? Geopolitics, Not Growth
Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...
Oil prices leap 7% and Dow drops 1.8% on worries about what will happen to the crude market
Oil prices leapt, and stocks fell on worries that escalating violence following Israel's attack on Iranian nuclear and ...
RH up after earnings, Diamondback Energy climbs as oil prices jump and other early market movers
Diamondback Energy stock rose 5% and Occidental Petroleum rose nearly 5% as a swathe of energy-related stocks reacted to a ...
Trump Says Unhappy About Recent Rise in Oil Prices
WASHINGTON (Reuters) -U.S. President Donald Trump expressed frustration on Thursday that oil prices have risen amid supply ...