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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.

Brent Crude - Immense uncertainty
OANDA Senior Market Analyst Craig Erlam discusses the latest crude moves against the backdrop of record Covid cases in China, an imminent EU decision on the Russian oil price cap, and the weekend OPEC+ meeting.
01-12-2022 17:43 GMT by Craig Erlam
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Oil rallies as China eases covid rules, gold shines
Oil Crude prices rallied as hopes grow that China will continue to loosen their COVID rules and on expectations that OPEC+ will do whatever it takes to keep oil prices supported. ​ Energy traders are eagerly awaiting an OPEC+ decision that could see them keep output steady or deliver a small cut. If China didn’t signal a slight covid easy shift, the probability of a production cut would have been much greater. ​ Oil should find a range as we await the OPEC+ decision. ​ Key levels for WTI crude i
01-12-2022 14:23 GMT by Edward Moya
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