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Oil has long been a key barometer for a real-time reading on the global economic picture. There may be a move to clean energy and renewables, but oil still dominates the energy world.
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A bipartisan group of four U.S. Senators introduced legislation that would give the U.S. Department of Justice authority to sue members of the OPEC for antitrust violations. How good are its chances...
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The price gyrations might not have been as extreme as in years past, but central banks were major gold buyers in 2018. Here are the 15 nations and government-related entities that dominate the global...
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OPEC and its partners reportedly have agreed to cut 1.2 million barrels of daily oil production beginning in January and lasting through June 2019. Crude prices are soaring.
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Saudi Arabia and Russia agreed last week to curb production next year, but details still need to be worked out. In Canada, the province of Alberta has mandated a production cut in an effort to push...
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Ahead of next week's OPEC meeting in Vienna, Russian president Vladimir Putin and Saudi crown prince Mohammed bin Salman are planning to meet on the sidelines of this week's G20 meeting to set a...
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The U.S. crude oil inventory posted it 10th consecutive weekly rise last week and prices, which had drifted lower Wednesday morning, first dipped lower then steadied.
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What might happen at the OPEC meeting next week could be decided this week at the G-20 meeting in Brazil.
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The U.S. crude oil stockpile soared by more than 10 million barrels last week according to the latest official report. Inventories have now risen for eight consecutive weeks.
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In its monthly Oil Market Report for October, OPEC lowered its demand forecast for both 2018 and 2019, adding strength to the cartel's contention that there's plenty of oil to meet demand.
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Saudi Arabia and Russia had already agreed to increase oil production ahead of the OPEC ministers meeting on September 23 in Algiers. The increase was never announced, but it appears to be happening...
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New World Gold Council data shows that gold has continued to be an important part of central banks’ foreign exchange reserves in 2018. Yet central banks are far from being the only net buyers of...
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The list of nations with troubled economies has grown in 2018, and these are just eight of the nations in which interest rates or inflation have become sky high.
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Russia says it will sell more U.S. debt, the president boasts about the effects of his battle with Harley-Davidson, Saudi Arabia could provide money for Tesla to go private, and other important...
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CBS will look into sexual harassment charges against its CEO, Walmart may enter the streaming media business, Texas to become the world's third largest oil producer, and other important business...
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