Global crude oil prices surged Friday, continuing their steady approach toward $100 per barrel, as a top energy group projected greater demand through 2022. The West Texas Intermediate (WTI) crude …
Prices
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FRANKFURT -Germany and Austria should curb a boom in house prices by setting caps on mortgages and forcing banks to build up more capital, the European Union’s financial stability watchdog …
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By Lucia Mutikani WASHINGTON – U.S. consumer prices rose solidly in January, leading to the biggest annual increase in inflation in 40 years, fueling financial markets speculation for a 50 …
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By Christoph Steitz and Tom Käckenhoff FRANKFURT – Thyssenkrupp said on Thursday that operating profit rose nearly fivefold in its first quarter, as its two biggest divisions – steel and …
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By Ron Bousso and Nerijus Adomaitis LONDON – Consumers should brace for years of high energy prices, heads of top oil and gas companies said, in what would pile pressure …
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By Nerijus Adomaitis and Nora Buli OSLO – Norway’s Equinor will pay out $10 billion to shareholders this year after it reported record fourth-quarter pretax profits, joining European rivals in …
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WASHINGTON -The Biden administration is in talks with both oil-producing and consuming countries to tackle high oil prices, White House spokeswoman Jen Psaki said on Tuesday, adding that all options …
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By Jacob Gronholt-Pedersen COPENHAGEN -Carlsberg plans to raise beer prices to offset rising raw material costs, potentially hitting beer sales this year, the Danish brewer said on Friday. The world’s …
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By Tom Polansek CHICAGO – Tyson Foods Inc is expected to post strong results for its beef business in a quarterly earnings report on Monday, as the Biden administration’s criticism …
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– Hershey Co forecast full-year profit above Wall Street estimates on Thursday, driven by higher prices for its chocolates and candies to counter inflationary pressures and strong holiday demand. Packaged …
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ROME – World food prices rebounded in January and remained near 10-year highs, led by a jump in the vegetable oils index, the U.N. food agency said on Thursday. The …
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LONDON – The maker of Irn-Bru, the iconic orange Scottish soft drink, said on Tuesday that it had increased its prices due to soaring inflation in Britain. Consumer prices are …
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TRENTON, N.J. — Gas prices rose again in New Jersey and around the nation at large amid tight global oil supplies and despite low demand typical of the season. AAA …
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By Arathy Somasekhar and Ruhi Soni -Dow Inc on Thursday forecast better-than-expected sales for the current quarter after fourth-quarter results beat estimates, helped by higher prices for its products as …
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-Chevron Corp and Marathon Oil Corp on Wednesday became the latest U.S. oil and gas companies to raise quarterly dividends as a rebound in fuel demand drives energy prices higher. …
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The Department of Energy (DOE) announced Tuesday the release of millions of barrels of oil from the Strategic Petroleum Reserve (SPR) to combat soaring gas prices. The DOE approved the release …
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Soaring fertilizer prices across the globe have impacted farmers making it more expensive to produce food and forcing them to cut back on production, The Wall Street Journal reported. Diammonium …
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Retail giants Walmart and Kroger have each raised the price of BinaxNOW rapid COVID-19 tests after a deal made with President Joe Biden expired in mid-December, FOX Business reported. The …
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The price of natural gas skyrocketed more than 30% in Europe on Tuesday after Russia continued to withhold key supplies with winter weather approaching. While the price, measured by the …
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Joe Biden announces plan to take on Big Meat as meat prices continue to soar due to Bidenflation
by Phil StiltonPresident Joe Biden is now setting his sights on “Big Meat”, America’s alledged meat conglomerates who he claims are artificially raising the prices of meat products. Biden met with “Small …
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The price of gasoline is set to increase to $4 per gallon or more within five months, according to an industry analysis released Tuesday. The gas price surge is forecasted …
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U.S. home prices surged in October as the housing market remains strong after the COVID-19 pandemic, according to a key economic indicator. Home prices climbed 18.4% in October compared to …
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European natural gas prices hit an all-time high Tuesday after Russia suddenly reversed flows through a key pipeline transporting gas to Germany. The Dutch natural gas calendar, the benchmark European …
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The Washington Post published an article Thursday arguing that gasoline prices aren’t actually very high despite “recent commentary” on the issue. Rising gasoline prices are a consequence of inflation, which …
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The Democratic Party’s lead fundraising arm for electing members to the House cheered a two-cent reduction in the average price of gasoline on Thursday. The Democratic Congressional Campaign Committee (DCCC) …