Anthony Harrup

U.S. commercial crude oil inventories rose unexpectedly last week as imports increased and exports fell, according to data released Wednesday by the U.S.

Brent crude hit $100 a barrel for the first time in two months as the conflict in the Middle East widened after Iran-backed Houthi militants said they attacked two Saudi tankers heading toward the Bab al-Mandeb Strait.

Brent crude hit $100 a barrel for the first time in two months as the conflict in the Middle East widened after Iran-backed Houthi militants said they attacked two Saudi tankers heading toward the Bab al-Mandeb Strait.

U.S. crude oil inventories posted a bigger-than-expected drop last week as imports declined, exports rose and refineries took in more oil, according to data released Wednesday by the U.S.

Oil futures bounce back from a three-session slide on resumed military strikes after Iran fired missiles at U.S. targets in Jordan. The return of fighting reduces optimism for talks to settle the conflict."Irreconcilable differences over commercial transit rights and sovereignty in the Strait of

MEXICO CITY—Mexico's economic activity expanded in the second quarter in a broad-based recovery after a weak start to the year.

Mexico’s GDP rose 1.5% from the previous quarter, in seasonally adjusted terms.

The renewed escalation of conflict in the Middle East is rattling diesel prices even more now, as concerns mount over supply with the approach of the high-demand autumn season.

The Dow, S&P 500, and Nasdaq sank, as the stock market reacted to the Federal Reserve's decision to keep rates steady.

Oil futures return some of the previous session's gains after the U.S. hit back at Iran, as expected, for an attack on its bases in Jordan. Continuing strife around the Persian Gulf region limits losses."The conflict has somehow morphed from eliminating Iran's nuclear program to opening the Strai