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.

US Close: Fed expected to hike one more time, Yellen calms markets, Oil rebounds, Gold hit by profit-taking, Bitcoin awaits Fed

US stocks are higher as officials signal they will do whatever it takes to protect the banking system. Treasury Secretary Yellen’s comments at the American Bankers Association conference sparked today’s risk-on mood.

21-03-2023 15:52 GMT by Edward Moya

Oil rises, gold pulls back as markets jitters ease

Will economic fears fully abate? Oil prices are rising again on Tuesday, adding to Monday's recovery to trade more than 6% from the lows. Brent fell close to $70 yesterday, the lowest level since late-2021 is a sign of how much the banking crisis has reverberated throughout the markets.

21-03-2023 10:07 GMT by Craig Erlam