In March 2022, the Federal Reserve responded to sharply rising inflation with an aggressive rate hiking campaign, the ...

The Federal Reserve rate then was 1.2% ... after seeking reduction of oil prices set by a group of nations known as OPEC, which includes Saudi Arabia. The United States doesn't belong to OPEC.

Brent futures fell $1.61, or 2.25 per cent, to $73.17 a barrel by 10:34 a.m. EST (1534 GMT), while U.S. West Texas ...

The Organisation of the Petroleum Exporting Countries, (OPEC) has reaffirmed its commitment to unlocking Africa’s full oil ...

Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept ...