Oil prices tumbled Tuesday on reports that Israeli Prime Minister Benjamin Netanyahu told US President Joe Biden he would not strike Iran's crude or nuclear facilities.
An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).
Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...
What is the price of crude oil today? WTI futures traded at $73.94 per barrel, as of 9 a.m. ET. Year to date, WTI prices are up by 0.68%. Brent futures traded at $78.04/bbl, an increase of 3.49% ...
A thrifted painting purchased for just $50 turned out to be the long-lost work of a famous artist, and it’s now expected to fetch an eye-popping sum at auction, CTV News reported. Allen Treibitz ...
The Middle East is in chaos, and the oil market is remarkably calm about it. Oil prices have climbed, but not dramatically so, even as the world braces for an all-out war in the most critical ...