oil prices

Between elevated inflation and a shaky job market, the Federal Reserve had already been setting the stage for an interest rate hold.

Headline inflation was at its lowest in five years, but a global oil price shock has made the reading a bit stale.

But they’re climbing unevenly.

Higher oil prices typically mean more cash in hand for oil producers, including those in the U.S. But increasing production is a slow and expensive process.

Consumers are the engine of the U.S. economy, and how they feel can have real-world consequences.

Uncertainty and sudden conflict almost always make mortgage rates more volatile.

While the conflict could raise prices at the pump for American consumers, China will feel the biggest disruption to its energy market.

Around 20% of the world's oil passes through the Strait of Hormuz, off the coast of Iran. Oil prices are higher today because of how a potential U.S. intervention could limit oil supply.

Exxon Mobil and Chevron posted their lowest annual profits since 2021 in their earnings reports on Friday, a sign that now is not really a time when big oil is looking to make any kinds of sizeable investments in new oil production.

The Trump administration declared that it would control Venezuelan oil production indefinitely. But what could that actually mean for the U.S. and for Venezuela?