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Oil Price - Oil Price Jumps Above $110 a Barrel

U.S. benchmark oil prices jumped above $110 a barrel on Friday for the first time since the end of March, rekindling worries about how high energy prices will weigh on economic growth and corporate ...

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Oil prices surge: Horror for UK motorists as cost for crude skyrockets to £90 a barrel

More info It means it is unlikely the record fuel prices experienced by motorists are going to see any sign of abating, reports have suggested. Industry flagship Brent Crude sold for $111 (£90) a ...

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Oil prices fall on demand concerns; Brent reaches $110.53/bbl

Oil prices dipped at the start of Asian trade on Friday as worries about an economic downturn that could dampen demand for crude vied with concerns over new sanctions from the European Union against ...

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Oil giant Shell profits nearly triple to £7.3 billion as fuel prices surge

Shell’s profits have nearly tripled to $9.1bn (£7.3bn) at the start of this year as energy prices soar amid the war in Ukraine. The oil giant announced the record first quarter profits on Thursday, ...

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Wall Street erases huge gains from Fed rate hike: Dow Jones plummets 900 points as spike in the price of crude oil raises the threat of MORE inflation

Wall Street is shifting into reverse, giving up much of the big gains it made a day earlier on relief that the Federal Reserve won't raise interest rates as aggressively as some feared to fight ...

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