Oil prices dipped during Monday’s Asian trading session, extending last week’s sharp downturn amid growing anticipation of ...

Inflation held steady in July as tariffs threatened to drive prices higher, CPI report reveals. But an underlying inflation ...

While oil price rises do negatively impact consumers, it is excluded by the Federal Reserve from its monetary policy decisions. The chart below compares oil prices to the core inflation rate.

KPMG’s Swonk projects that a temporary oil price spike to $85 per barrel, followed by a pullback to $74, could lift global inflation to 4.1 percent in 2025.

The country’s wholesale price inflation (WPI) was in the negative zone for the second consecutive month, as per government ...

Newfound Greenback strength has pushed the Canadian Dollar firmly onto the back foot, with USD/CAD once again trading above 1 ...

Hopes are growing that Trump’s summit with Putin could end the war in the Ukraine. Besides the obvious human benefits, there ...

By Myra P. Saefong OPEC+'s 'superhike' is having an unexpected effect Oil prices marched to their highest levels in two weeks on Tuesday, gaining ground despite plans to increase the flow of crude ...

Ryan Sweet, chief U.S. economist at Oxford Economics, last week estimated that every $10 increase in the price of oil would translate into a half-percentage-point jump in the headline inflation rate.

OPEC+ members have agreed to a second consecutive production increase this year, effectively ending voluntary cuts on ...