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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 rebounds, gold softens
Oil Crude prices are rising on hopes China’s demand situation will quickly improve and on concerns that supplies will be kept tight by both Russia and OPEC. China’s reopening is coming; it won’t happen overnight, but it will provide a major boost to demand in the outlook next quarter.
12-12-2022 15:41 GMT by Edward Moya
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Oil volatile, gold choppy ahead of Fed
Oil volatility likely to continue Another volatile start to the week in oil markets, where Brent and WTI now find themselves around 3% higher on the day. This comes after WTI fell close to $70 a barrel, the level at which the White House previously indicated it will begin refilling the SPR which could provide some initial support for the price. The outage on the Keystone pipeline between Canada and the US could be offering further support for the price, as could renewed Russian threats to cut su
12-12-2022 13:00 GMT by Craig Erlam
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