Treasury Secretary Bessent now says it’s OK for the Fed to wait to lower rates amid oil surge
U.S. Treasury Secretary Scott Bessent waits for the first meeting of U.S. President Donald Trump’s anti-fraud task force convened by…
Tag: Oil
Powell sees inflation outlook in check, no need to hike rates because of oil shock
Federal Reserve Chair Jerome Powell, in a wide-ranging talk at Harvard University, said Monday that he sees inflation expectations as…
Volume in stock, oil futures surged minutes before Trump’s market-turning post
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 18, 2026.…
Fed still expects to cut rates once this year despite spiking oil prices
An eagle is seen framed though construction fence on the Marriner S. Eccles Federal Reserve Board Building, the main offices…
China talks up oil sufficiency as Trump seeks Beijing’s help on Hormuz
An oil tanker unloads crude oil at a terminal at the port in Qingdao, in China’s eastern Shandong province on…
Rising oil prices may wipe out effects of Trump’s ‘big beautiful bill’
Gas prices at a Shell Station located on Foothill Blvd. Robert Gauthier | Los Angeles Times | Getty Images Rising…
There’s another energy market that may get hit harder than oil by Strait of Hormuz closure
A liquefied natural gas, or LNG, tanker on a digital screen at the Qatar Economic Forum in Doha, May 20,…
Here’s how long the three oil shock-induced bear markets lasted
With U.S. oil topping $100 a barrel Monday, many investors are starting to worry about the impact surging energy prices…
Oil price surge could boost these Chinese stocks, Goldman says
Sustained gains in oil prices will likely benefit two of China’s petroleum giants, Goldman Sachs analysts said, following rising Middle…