An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

The price of oil has hit a six-week high amid fears over the escalating conflict in the Middle East. The market value of the benchmark Brent crude increased to almost $80 (£61) a barrel on Monday ...

When you have tooth pain, you want immediate relief. For some people, clove oil may help. Ask your dentist if it’s right for you. Toothaches are uniquely irritating. They’re painful ...

This issue is preventing our website from loading properly. Please review the following troubleshooting tips or contact us at [email protected]. Your guide to the most important world stories of ...

The Middle East is in chaos, and the oil market is remarkably calm about it. Oil prices have climbed, but not dramatically so, even as the world braces for an all-out war in the most critical ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Libya said it would resume full oil production from Thursday in a move that should return about 700,000 ...

A rise in oil prices intensified Thursday after President Biden suggested that U.S. officials are considering whether to support an Israeli strike on Iranian oil facilities. New York-traded crude ...

Oil prices could rise above $80 a barrel within days, analysts have warned, amid reports that Israel will attack Iran within days and could strike oil facilities or even nuclear sites. The Israeli ...

1545 GMT – Oil price gains eased in late afternoon trade in Europe after a meeting of top OPEC+ ministers kept policy unchanged—including a plan to start raising output in December—bringing ...