Tag: Persian Gulf Countries

Dec. 27, 2023 11:00 pm ETSome major emerging economies are dabbling in trading commodities without using the dollar, as they ...

Throttling back on oil production hasn’t helped OPEC and its allies to push up crude prices lately.At least four times ...

Members of the oil-producers group known as OPEC+ have tried to push crude prices upward with unexpected supply cuts since ...

Updated Nov. 29, 2023 2:03 pm ETOPEC and its Russia-led allies are considering new oil production cuts of as much ...

Oil-and-gas companies are banking on a glacial pace of progress on cutting fossil-fuel use in this year’s round of climate ...

Updated Oct. 18, 2023 5:43 pm ETManchester United shareholders are acting like despondent soccer fans after video-refereeing technology disallows a ...

Dow, S&P 500 book gains for the week; Treasury yields fall

While market moves were initially muted, what should be a concern is the potential for the war to escalate.

Brent crude is climbing toward $100 a barrel after the two OPEC+ nations made a risky choice to slice their production.

As crude oil prices near triple digits, it isn’t just consumers feeling uneasy.