A pump jack and drilling rig in New Mexico. A surprise rise in US inflation stoked concerns of further monetary tightening, weighing on crude futures. Reuters
A pump jack and drilling rig in New Mexico. A surprise rise in US inflation stoked concerns of further monetary tightening, weighing on crude futures. Reuters

Business

Energy

Oil prices edge higher after IEA forecasts tighter market on Opec+ cuts

US Consumer Price Index rose by 0.6% last month, outpacing July's increase of 0.2%

John Benny

September 14, 2023