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oil prices

FDRA: What to Expect With Retail Footwear Prices This Year

Gary Raines, chief economist of the FDRA, gave an overview at Texworld Evolution NYC on how a variety of…

Ukraine-Russia War Triggers Commodity Price Spike. What About Cotton?

As the price of many commodities, most notably oil, is reaching multiyear highs, cotton seems to be…

Russian Ukraine Attack Another Blow to Fragile Economic Recovery

Russia's invasion has implications not only for Ukraine but also for global energy prices and output—with…

‘Escalating’ Risks Threaten Global Economic Growth

The global economy is experiencing steady growth heading into the second half, but "gathering storm clouds"…

Ocean Shippers Impose Fuel Surcharges as Oil Prices Spike

Major ocean freight carriers have instituted "emergency bunker recovery measures" to counter a hike in fuel…

Maersk Group Sunk by Low Freight Rates in Q2

Maersk Line reported a loss of $151 million compared to profit of $507 million in the second quarter of 2015.

Low Freight Rates Hit Maersk Group Profits

Maersk reported profits for the period fell 86 percent to $224 million from $1.57 billion in the year-ago…

Oil Supply Growth Plunges and Prices Rally

Oil's oversupply has been the main driving factor behind the commodity's low prices, but now that there's…

What’s Going on With Oil Prices?

No one can consistently and accurately predict where oil prices will be—it's a commodity, subject to changes…

Plunging Oil Prices Hurting Certain Retailers

Plunging oil prices are affecting retailers located in oil-producing states.

Retail, Luxury Shares Pulled Down by Global Sell-off

U.S. stock indices lost more than 2 percent in value as a Chinese market crash sparked a global stock…

U.S. Stocks Down as Sears Faces New Activism

Stocks are lower as oil sells off again and Sears looks to be getting a new activist investor.

Oil Prices Pull Down U.S. Stocks

Sliding oil prices is worrying investors and pulling down stocks.

U.S. Stocks Dragged Down By Crashing Oil Prices

Crashing oil prices are taking down stocks as Nike signs lifetime deal with LeBron James.

Plunging Oil Prices Hurt Oil-Patch Retailers

Plunging oil prices is leading to layoffs for energy workers and retailers are feeling the effects.