Oil prices extended losses in evening trade as traders digest the latest U.S. inventory data and a report that President Trump is likely to fire Fed Chair Jerome Powell.

Trump’s sanctions on Russia would be ‘extremely painful’ for US and risk global oil price spike, experts warn - Trump has threatened 100% ‘secondary tariffs’ on likes of India and China, which experts ...

India's increasing reliance on discounted Russian oil may face challenges due to potential US tariffs targeting countries importing Russian crude.

Oil prices fell by about 1% on Wednesday as signs of stronger Chinese crude consumption were outweighed by investor caution about the wider economic impact from U.S. tariffs. Prices have seesawed in a ...

Prices haven't skyrocketed, but they're about 30% higher now than during President Trump's first term, which was the peak of the fracking boom. The EIA is forecasting another 6% jump in natural gas ...

Most Gulf markets ended lower on Wednesday as investors weighed U.S. trade policy developments and signs that tariffs may be fuelling inflation, while awaiting cues on the Federal Reserve's interest ...

Rising fuel and food costs behind surprise rise - Latest on UK figures data plus stock markets updates, business and money ...

Putin is only able to prosecute his war through cash flow generated by his sale of oil. That is the only way. Without that cash flow from oil, he can’t continue. We need to cut off his money. We need ...

After President Donald Trump threatened to impose "very severe" economic penalties against Vladimir Putin's Russia if he ...

Nato chief Mark Rutte's warning to India over Russian oil trade crosses diplomatic lines and raises questions about the ...

The rate of annual inflation was 3.6% in June, up from 3.4% in May, figures from the Office for National Statistics showed Wednesday. That contrasted with the expectations of economists polled by The ...

Trump says weapons on their way to Kyiv before Russia launches 400 drones - Trump reportedly asked Zelensky why he had not struck Moscow to ramp up pressure on Putin ...