Oil prices rise 3% on support from US-China trade hopes

Oil prices rose around 3% on Thursday, buoyed by hopes of a breakthrough in looming trade talks between the U.S. and China, the world's two largest oil consumers. Read More

Why oil prices are falling, and what it means for the economy

Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly since January. That's good for consumers, and bad for oil companies. Read More

How Tariffs and OPEC+, Oddly Enough, Are Driving Down the Price of Oil

When US President Donald Trump was inaugurated to his second term as president on Jan. 20, oil prices were close to the highs of the summer before. By early May, they had plunged by nearly a quarter. Read More

Oil Prices Fall as OPEC Increases Supply Despite Fears of an Economic Slowdown

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil. Read More

The drop in oil prices will only provide a ‘minimal’ boost to the economy – Pantheon

Lower WTI crude prices below $60 bring mixed impacts: consumer savings vs. energy sector losses. Explore how this shift affects the U.S. economy and jobs. Read More

Oil prices settle up on weaker US dollar, mixed economic news

Oil prices edged up on Thursday as investors weighed a weaker U.S. dollar, potential OPEC+ output increase, mixed economic news, conflicting U.S. tariff signals and news from the Russia-Ukraine war. Read More

Why Falling Oil Prices Are Not Always Good News

The United States' shift to a net oil exporter means that falling oil prices now negatively ... This isn’t good news—it’s a flashing warning sign. If economic conditions deteriorate further ... Read More

Russian Economy Dealt Blow With Slumping Oil Prices

Brendan Cole is a Newsweek Senior News Reporter based in ... Russia's government has predicted the price of its oil will plummet to its lowest level in half a decade, posing a challenge to the country ... Read More

What falling oil prices mean for the economy

Oil prices resuming declines after a brief rally on Wednesday as investors worry about the fallout from trade tensions between the US and China. Prices are down roughly 8% since the start of the ... Read More

Oil prices settle up on mixed economic news, possible OPEC+ output increase

NEW YORK (Reuters) -Oil prices edged up on Thursday as investors weighed a weaker U.S. dollar, potential OPEC+ output increase, mixed economic news ... Iran is the third biggest oil producer ... Read More

Russian economy in trouble as oil prices spill?

the Russian economy may now come under pressure. The recent sharp decline in oil prices, now at their lowest point in four years, poses a significant threat to Russia's economy, already strained ... Read More