Crude oil prices are on track for a second weekly decline as concerns over a U.S.-Iran escalation subside and geopolitical risk premium decreases. The International Energy Agency revised its 2026 oil demand growth prediction downward to 850,000 barrels ...

MOSCOW, March 3 (Reuters) - Global oil prices have rallied in the wake of U.S. and Israeli strikes against Iran to their highest since July 2024, but the rise still falls short of what is needed to balance the Russian budget,

President Trump wants to drive down oil prices to $50 a barrel. Getting to that price appears doable with Venezuela, though keeping it there comes with risks. The good news for the administration is that, if the real goal is to lower gasoline prices for U ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge can wreak havoc on cash-strapped oil companies. For ...

Every time Jennifer publishes a story, you’ll get an alert straight to your inbox! Enter your email By clicking “Sign up”, you agree to receive emails from ...