Saudi Arabia is threatening to take back market share and ditch its unofficial $100 oil price target. The Kingdom is warning OPEC+ members who are not complying with their output quotas.

Oil prices climbed more than 3% on Tuesday. Oil prices climbed more than 3% on Tuesday in the immediate aftermath of an Iranian missile attack on Israel. The spike in prices is expected to push up ...

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The danger is that prices leaping up overnight could significantly impact customer relations and potentially lead to more conflict, abuse and threatening behaviour toward staff, adding to the ...

The Federal Reserve's preferred inflation measure on Friday provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest rate cuts this year and ...

US consumer spending rises 0.2% in August; headline PCE index slows By Investing.com - Sep 27, 2024 26 Investing.com -- US consumer spending grew at a slower than anticipated rate in August, while ...

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British businesses are paying the highest electricity prices in the developed world, government figures show. In only five years the cost of powering UK industry has rocketed by 124 percent ...

British companies are paying the highest electricity prices of anywhere in the developed world, official data has shown. The cost of power for industrial businesses has jumped 124pc in just five ...

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HOUSTON (Reuters) -Oil prices fell more than 3% on Thursday on a Financial Times report that Saudi Arabia, the world's top crude exporter, will give up its $100 price target in preparation for ...