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).

It generally takes a couple of weeks for oil price shifts to be reflected in factory gate costs and at the fuel pumps. In the case of petrol and diesel, in recent weeks prices have been at a three ...

Sump pump installation is a smart and relatively easy way to prevent water damage and keep your home dry. A sump pump can prevent soggy carpets, mold formation, and even electrical or structural ...

The lastest example: sweet almond oil—it's packed with antioxidants and vitamins, making it super nourishing for your skin. Think of almond oil as an MVP that can do it all. Even though it's ...

NEW YORK, Oct 4 (Reuters) - Oil prices rose on Friday and settled with their biggest weekly gains in over a year on the mounting threat of a region-wide war in the Middle East, although gains were ...

As the conflict across the Middle East widens, rising oil prices are being closely watched. The cost of oil affects everything from the price of food at the supermarket to how much it costs to ...

HOUSTON :Oil prices surged on Thursday as concerns mounted that a widening regional conflict in the Middle East could disrupt global crude flows. Brent crude futures settled up $3.72, or 5.03 per ...

This issue is preventing our website from loading properly. Please review the following troubleshooting tips or contact us at [email protected]. Your guide to the most important world stories of ...

“It’s hard to overstate how complacent the oil markets have become,” he said. It’s also hard to overstate how much Americans despise price spikes at the gas pump. Gas prices have been ...