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 ...

The price of oil has hit a six-week high amid fears over the escalating conflict in the Middle East. The market value of the benchmark Brent crude increased to almost $80 (£61) a barrel on Monday ...

What is the price of crude oil today? WTI futures traded at $73.94 per barrel, as of 9 a.m. ET. Year to date, WTI prices are up by 0.68%. Brent futures traded at $78.04/bbl, an increase of 3.49% ...

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 $ ...

HOUSTON :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 $3.72, or 5.03 per ...

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What is the current oil price today? WTI futures traded at $71.53 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 2.60%. Brent futures traded at $75.41/bbl, an increase of 0.13% ...

Cheboygan: Anglers targeting salmon had minimal success in getting fish to bite due to them running upriver to spawn. Boat anglers, who had some luck, did the best trolling glow spoons on dipseys ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Libya said it would resume full oil production from Thursday in a move that should return about 700,000 ...