Energy news

Energy commodities are essential fuels that power modern society. Explore key energy sources like crude oil, natural gas, coal, and emerging renewable energies. Learn about their global impact on the economy and environment.

Brent Crude Oil Price Update - 100-day MA Keeps Oil Under Pressure

Brent crude oil prices are under pressure due to new US sanctions on Iran, potential increases in Iraqi oil exports from Kurdistan. US Consumer confidence recorded its worst print in 3 years weighing on market sentiment. Technical analysis shows the 100-day moving average is acting as significant resistance around the 75.32 level for Brent crude oil.

25-02-2025 11:48 GMT by Zain Vawda

Markets Weekly Outlook - US PCE, Japanese Inflation & Tariffs in Focus

US equity markets experienced a slight downturn due to concerns about inflation impacting consumer spending, highlighted by Walmart's cautious outlook. The upcoming US PCE data is crucial as the Fed's preferred inflation measure. Japanese inflation data will also be key this week as markets eye the Bank of Japans next move.

21-02-2025 14:13 GMT by Zain Vawda