Discover the key factors driving oil prices and their impact on global economies, from consumer budgets to corporate earnings ...

The global oil market is "walking a tightrope" between scarce supply and the possibility of a recession, the International ...

Several years of drought, low cattle prices, and record-setting input and supply costs have led to a shrinking cattle herd, which, paired with strong consumer demand for beef, has pushed prices for ...

Oil is the crown jewel of commodities. It's used in many ways, from making plastics and asphalt to processing fuel. Price changes in oil ripple through the entire economy, since it is essential to the ...

Analysts are holding their oil price forecasts largely unchanged as rising OPEC+ output targets and lacklustre demand offset ...

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Platinum prices extended a rally on Monday to scale their highest in more than six years on firmer investor expectations that an economic recovery would boost demand for the auto-catalyst metal and ...

A year and a half after a renowned Harvard professor described the pandemic of 2020 as “the mother of all shocks” to energy markets, oil and gas prices are still being rocked by supply and demand ...

Egg prices have soared to new records over the last couple of months. The wholesale price for a dozen white eggs climbed to over $8 in February. Since then, that price has dropped but the prices ...

Learn what a price taker is, see examples in competitive markets like grain and oil, and understand how they differ from price makers in economics.