Microsoft Corp. isn’t the only U.S. company pointing to the dollar’s surge as a potential problem. A strong dollar has been a hot topic this week since the software giant
MSFT,
-1.66%
and…
All eyes are on whether Saudi Arabia will raise crude production if Russia's output significantly falls following European Union oil sanctions.Andrey Rudakov | Bloomberg | Getty ImagesOil prices dropped following a report that Saudi…
The fast-spreading Omicron variant is clouding the outlook for oil markets after a rapid recovery in demand pushed prices to their highest levels in years. Oil marched higher for much of 2021. Demand lifted as economies revved up, while…
The average price of a gallon of regular unleaded gas in the U.S. hit $5 Friday night, and the rise in fuel costs is expected to persist throughout the busy summer driving season. The record high, according to OPIS, an energy-data and…
The Esso Fawley Oil Refinery, operated by Exxon Mobil, stands in Fawley, U.K., on Thursday, May 14, 2020.Luke MacGregor | Bloomberg | Getty ImagesOil prices rose by more than $1 a barrel on Monday after top exporter Saudi Arabia raised…
A gas cooker is seen in Boroughbridge, northern England.Nigel Roddis | ReutersLONDON — Europe is facing continued volatility in its wholesale gas markets, prompting concerns across the region that an energy crisis could be about to get…
The spider web rice fields in Flores, Indonesia. The United Nations' Food and Agriculture Organization Food Price Index shows international rice prices creeping up for the fifth straight month to reach a 12-month high, according to the…
It’s easy to want to duck for cover given the carnage seen this year in stocks and bonds, particularly with the Federal Reserve vowing to wage an unconditional battle against high inflation.While inflation running at a 40-year high still…
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