The Lagos Chamber of Commerce and Industry has called on the Federal Government to boost crude oil refining and petrol export to meet its inflation reduction target and strengthen the naira.President ...

Africa’s largest oil producer, home to over 200 million people, has witnessed a worsening economic downturn in 10 years, with its GDP per capita plummeting by 72.35 per cent.Data obtained from the ...

After spending so much money on a pro-inflation candidate, the oil industry is dismayed to see its costs rising and wants carveouts.

The best parts of the Biden administration’s response to the cost-of-living crisis are already being forgotten.

Import prices rose 0.3% in January, marking the biggest increase in nine months. But most of the increase was tied to higher oil prices. Taking out energy, import prices rose a scant 0.1% in the month ...

If consumers were able to keep pace with the incredible inflation of the early pandemic, they should be able to weather any ...

The funding freeze has delayed some projects until next year, put some Alaskans out of work, and raised concerns that it ...

Data isn’t stacking up for a Fed rate cut, multiple regional presidents have hinted, as January’s CPI report makes for “uncomfortable” reading for Powell.

Russia’s revenue from the export of crude and other oil products rose last month despite Western sanctions, according to the IEA, with with all barrels sold above the Western-imposed price cap of $60.

Asian shares are mostly higher after U.S. President Donald Trump agreed with Russian leader Vladimir Putin to start talks ...

Oil edged down in early Asian trade as traders digested U.S. CPI data and signs of supply pressure.