Higher oil prices could impact consumers and businesses, potentially stoking a fresh bout of inflation if energy costs remain elevated.

US oil prices dropped sharply as reports emerged of a US-Iran agreement nearing completion. Brent crude fell 6% to $105.02 ...

Indian oil marketing companies like IOC, BPCL and HPCL are losing about ₹1,000 crore daily as crude stays above $100 per barrel while domestic fuel prices remain frozen. Learn how negative margins of ...

JPMorgan sees core inflation sticking around 3% globally. It could eventually cool, but only after the economy feels the ...

China’s consumer prices ticked up in April as the cost of crude oil rose globally due to the Iran war, official data showed today.Helped by the surging ...

The West Asia crisis has sent crude prices spiralling and forced the government to hike fuel prices. If prices remain anywhere close to the $100-per-barrel level for the full year, it would upend both ...

US stock futures indicate a negative start as Middle East ceasefire remains fragile, keeping crude oil prices high. Nasdaq 100 futures fell 0.8% while S&P 500 futures slipped 0.4%. Investors await US ...