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.

Oil price correction continues, gold bounces back

Is oil looking to close the gap? We're continuing to see a correction in oil prices following a more than 2% decline on Wednesday. That saw the price move below the post-OPEC+ cut lows from a couple of weeks ago and move into the void left by that surprise announcement. Now it's a question of whether that gap will be filled, with the high from the Friday before falling just shy of $76 in WTI and $78 in Brent.

20-04-2023 07:36 GMT by Craig Erlam

Oil lower on strong dollar, Gold volatile, Bitcoin at $29k

Oil's worst slide in a month as demand concerns grow Surging yields weigh on gold Binance had a 16,000 bitcoin sell order before the 4am plunge Oil Oil prices declined as the dollar rebounded and after a mixed oil inventory report raised demand concerns. Gasoline demand showed unexpected weakness as inventories posted a surprise build of 1.3 million bpd vs an expected drop of 1.5 million bpd. The headline draw of 4.5 million barrels was larger-than-expected, but that was because it was the

19-04-2023 17:00 GMT by Edward Moya