Commodity price declines may shape Fed’s rate-hike path, says economist

A significant downturn in commodity prices could give the Federal Reserve cover to change its aggressive pace of planned interest rate hikes, according to a report from Capital Economics.   The centra...

Why crude released from U.S. oil reserves may have ended up being exported overseas

U.S. drivers had high hopes that the historic release of oil from the nation’s Strategic Petroleum Reserve would help ease triple-digit prices of crude oil and reduce gasoline prices at the pump, but ...

U.S. oil just tumbled below $100 a barrel — What that says about recession fears and tight crude supplies

Concerns about a recession and a drop in energy demand led to a drop in U.S. benchmark West Texas Intermediate crude-oil prices below the $100-a-barrel mark on Tuesday for the first time in months. Th...