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.

Podcast - Rough Waters Ahead in H2

OANDA Senior Market Analyst Ed Moya joins Jonny Hart and Trader Nick to analyze the RBA rate decision, what the latest factory data says about the economy, and what is driving both oil and gold prices.

05-07-2023 15:04 GMT by Edward Moya

Oil remains range-bound, gold ticks lower ahead of Fed

Can oil break above its two-month range after Saudi and Russian cuts? Oil prices are higher again today but still remain within their two-month range. The rally has been aided by the cuts announced by Saudi Arabia and Russia this week but ultimately, another failure to break above the range will suggest traders have largely shrugged it off. The previous high in Brent two weeks ago came just above $77 and a failure to hit that will represent yet another lower peak over the last month or so and ma

05-07-2023 13:14 GMT by Craig Erlam