All inflation readings this year have shown declining inflation. We now believe that the recent surge in oil prices will ...

"WTI crude oil $77/bbl, the national average price of gasoline is now $3.21 per gallon, and could by next week climb to its ...

A surge in world oil prices because of the Iran war may not be a windfall for Latin American oil producers. Here’s why.

The escalating conflict between Israel and Iran has sent oil prices higher over the past few days. If history is anything to ...

Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

U.S. oil prices already jumped last week, which could cause prices at the pump to rise about 20 cents a gallon in the coming ...

India's Chief Economic Adviser discusses the impact of high oil prices on the economy amid global uncertainties.

A blockade of the Strait of Hormuz would hit the flow of 12% of world oil supplies and will lead to a sharp spike in prices ...

Global benchmark Brent crude oil is up around 20% so far in June, and set for its biggest monthly jump since 2020 as ...

"Historically, Oil price shocks are reflected in headline CPI inflation within a quarter. World Bank estimates suggest that a ...

While the week was uneventful on the local economic front, the same cannot be said for the international picture for oil ...

Despite not relying on Iran for its oil supplies, petrol and other prices in Australia will rise due to the global impact of ...