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 decline continues, gold in choppy waters

Was OPEC+ correct to cut production as the price tumbles once more? Oil prices are slipping further at the end of the week and looking increasingly likely to close the post-OPEC+ gap. The gap a few weeks ago came after the cartel announced a surprise output cut over the weekend triggering a gap open on Monday.

21-04-2023 07:33 GMT by Craig Erlam

Oil tries to fill gap, Gold tries to make another run, Bitcoin's Coinbase risk

Oil's $2 drop on weakening outlook Gold higher on Debt drama and earnings risk Bitcoin lower on risk aversion and regulatory risks Oil Oil is getting crushed as Wall Street starts to get a steady stream of disappointing outlooks and on concerns that sentiment with China’s households and business might not be as robust as some are thinking. China may still need to ease and until they do so, investors might not be fully optimistic about the outlook for China. Today is mostly a risk aversion ses

20-04-2023 14:42 GMT by Edward Moya