Oil Markets Not Helping Inflation

Crude stockpiles in the largest U.S. storage hub dropped to their lowest level since July 2022, leading oil prices to jump to their highest level in a year.

By Julia Fanzeres | September 27, 2023 at 12:38 PM

Photo: Fuel storage tanks at a PT Pertamina depot at Pelumpang in Jakarta, Indonesia, on June 5, 2023. Photographer: Dimas Ardian/Bloomberg

Oil prices jumped to a fresh one-year high as crude stockpiles in the largest U.S. storage hub dropped to the lowest level since July 2022.

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Prolonged Ports Strike Could Pose Supply-Chain Risks

By Catarina Saraiva | October 01, 2024

The strike could disrupt the movement of goods and impact prices and the broader economy, similar to supply-chain disruptions during the pandemic.

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Strike Shuts Down Ports in Eastern U.S. and Gulf Coast

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The Fed Will Take Its Time Lowering Interest Rates

By Amara Omeokwe | September 30, 2024

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