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.

Week Ahead - All eyes on China's GDP, UK CPI, Flash PMIs, and Earnings

The first few banks are delivering a strong start to earnings season, reigniting soft landing calls, while large parts of Wall Street remain confident that the economy is recession bound as expectations remain that banking turmoil will persist. Fed rate cut bets for later in the year have steadily increased and that has kept the dollar under pressure.

14-04-2023 15:58 GMT by Edward Moya

Oil rallies, Gold's record run ends for now, Cryptos shine

Oil shrugs off OPEC demand warnings Gold tumbles after failing to reach record highs Ethereum momentum remains post Shapella upgrade Oil Oil’s fourth weekly advance has been mostly relentless as the OPEC+ output cut has sent global oil markets to a very deep supply deficit. The risk of a couple million-barrel deficit in the second half of the year should keep prices supported regardless of whatever noise emerges from the Fed contemplating another quarter-point or so in rate hikes. Energy trad

14-04-2023 15:16 GMT by Edward Moya