Despite inflation showing signs of having peaked and economic activity weakening, Federal Reserve policymakers...
Oil Prices Drop on Another Unexpected Build in US Crude Stockpiles
Oil prices plunged on Thursday as industry data revealed a huge surprise increase in...
US December Retail Sales Sees Biggest Drop in 12 Months as Consumers Battle Inflation
U.S. retail sales in December saw the worst monthly drop since July 2021 and...
IEA Sees China’s Covid-19 Reopening to Lift Oil Demand to New High in 2023
The International Energy Agency (IEA) stated on Wednesday that the relaxation of Covid-19 restrictions...
Oil Advances on Optimism over China’s Fuel Demand Recovery
Oil headed for the highest close since early December on hopes that easing China's...
UK Inflation Slows Down for Second Straight Month to 10.5% in December
U.K inflation continued to ease for the second straight month in December, in line...