Oil traders who bought options in a bet that crude oil would snap out of its doldrums are set to reap the rewards as prices ...

Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...

The US is moving to curb imports of used cooking oil, preventing foreign supplies used to make biofuels from qualifying for a ...

The US on Friday announced the most sweeping and aggressive sanctions yet on Russia’s oil trade, just ten days before Joe ...

Bloomberg News Now is a comprehensive audio report on today's top stories. Listen for the latest news, whenever you want it, covering global business stories around the world.

US equity futures were lower before Friday's opening bell as traders digested the December jobs report. Dow Jones Industrial Average futures slipped 0.8%, S&P 500 futures fell 1%, and Nasdaq futures ...

US equity indexes fell as a beat on nonfarm payrolls and rising inflation expectations sent government bond yields flying, increasing the probability that interest rates will remain higher for longer.

Stocks got hammered and bond yields jumped with the dollar as traders slashed their bets for Federal Reserve rate cuts this ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...

Oil futures ended sharply higher on Friday, as fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies ...

On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...