Economy

Tariff announcements are causing ripples throughout global oil markets, leading to increased focus on potential reciprocal actions and their fundamental effects across the entire oil-to-olefins value chain.Alkenes, or olefins, are…

Saudi Arabia, the kingpin of the Organization of the Petroleum Exporting Countries and allies, seems prepared to test the oil market as well as cartel members with strong commitment to…

Warren Buffett, whose name has become a synonym for the successful investor, has finally called it quits. After running Berkshire Hathaway for six decades, Buffett announced on May 3 that he…

The US Dollar Index (DXY) bounced back and retested the crucial resistance level at $100 after a series of economic data and hopes of a trade deal between the United…

The prospect of higher supply from the Organization of the Petroleum Exporting Countries and allies in the coming months will likely spell doom for oil prices. The price of oil has…

The GBP/USD exchange rate has formed a giant cup-and-handle pattern that could trigger more gains ahead of the upcoming Bank of England (BoE) and US nonfarm payrolls (NFP) data. It…

Gold prices remained vulnerable to further downside on Thursday as prospects of a trade deal between the US and its trading partners wiped the sheen off the yellow metal. Safe-haven appeal…

Global automakers are dialling back profit forecasts and suspending guidance as tariff tensions, weakening margins from electric vehicles, and mounting global competition cast a shadow over the industry’s near-term prospects.From…

Amazon is pressing suppliers for steep discounts and renegotiating contracts to shield its bottom line from fresh US tariffs on Chinese imports, reigniting a playbook last used during Donald Trump’s…