Terrel Hardin was at a diner along Route 66 in western Oklahoma when his phone rang with bad news: The engine on one of his oil rigs had broken. In times past it would be a straightforward $6,000 fix,

Since he returned to the Oval Office, the benchmark West Texas Intermediate oil price has fallen from $80 a barrel to $60 (see chart 1). Some also speculate that Mr Trump’s noisy demands for a lower price contributed to a recent decision by the OPEC cartel to boost production,

Markets should prepare for a sharp downturn in the oil price, analysts with a satellite oil-tracking firm write in a guest commentary.

An inflation slowdown in this week's CPI report may be partly caused by an unlikely factor: tariffs. They're pushing down prices by dampening demand

This week's inflation report will offer a first look at how President Donald Trump's "Liberation Day" tariff announcement has impacted pricing across the United States. Trump's tariff escalation, announced April 2,