Crude oil futures fall as demand concerns from China take center stage, with bearish oil import data and lack of specifics around further stimulus measures to help the sagging economy.

An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

It generally takes a couple of weeks for oil price shifts to be reflected in factory gate costs and at the fuel pumps. In the case of petrol and diesel, in recent weeks prices have been at a three ...

HOUSTON, Oct 3 (Reuters) - Oil prices surged on Thursday as concerns mounted that a widening regional conflict in the Middle East could disrupt global crude flows. Brent crude futures settled up $ ...

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“It’s hard to overstate how complacent the oil markets have become,” he said. It’s also hard to overstate how much Americans despise price spikes at the gas pump. Gas prices have been ...

1545 GMT – Oil price gains eased in late afternoon trade in Europe after a meeting of top OPEC+ ministers kept policy unchanged—including a plan to start raising output in December—bringing ...

A mine in northern Chile has doubled its lithium extraction ... drainage pumps and were able to design an optimal solution based on the WEDA D line for this application.” TRILE suggested the mine used ...