Oil prices fell as Donald Trump secured the presidency. Brent, the global benchmark for crude oil, fell nearly 2% to trade a little over $74 a barrel. West Texas Intermediate, the U.S. equivalent ...

Two accounting terms this article will look at are transfer price and standard cost. While an item's standard cost can be used to determine its transfer price, the two values are inherently different.

"Retailers rely heavily on imported products and manufacturing components so that they can offer their customers a variety of products at affordable prices," NRF Vice President of Supply Chain and ...

SINGAPORE, Nov 5 (Reuters) - Discounts on Iranian crude oil sold to China are at their tightest in around five years as lower exports drive up prices amid concerns that Middle East tensions may ...

He has inflation to thank. In poll after poll, focus group after focus group, Americans said the economy was bad—and the economy was bad because prices were too high. This was always going to be ...

Food prices are climbing at unprecedented rates, and the reasons behind these increases extend far beyond the grocery store shelves. Several complex factors push prices upward, impacting consumers ...

Ever since Russia invaded Ukraine in February 2022 and oil prices soared around the globe, the oil industry has enjoyed three highly lucrative years with historic profits. The sector is still ...

The new official petrol and diesel price adjustments that will take effect at midnight on Tuesday, 5 November have been confirmed. The Department of Petroleum and Mineral Resources has confirmed ...

What is the price of crude oil today? WTI futures traded at $71.26 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 2.97%. Brent futures traded at $74.94/bbl, an increase of 0.85% ...

Marc Levine was used to leasing a new Mercedes-Benz sport utility vehicle every three years, like clockwork. He liked driving a new car and not having to worry about maintenance or running out of ...

The price difference between U.S. shale oil in West Texas and at the Houston export hub has significantly widened in recent months. This is primarily due to a shortage of pipeline capacity to ...

November’s official fuel prices have been confirmed, with an increase set to take effect on Wednesday. Petrol 93 and 95 will rise by R0.25 per litre, while LPGAS will see the largest increase ...