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.

Stocks lower as rates rise, JPY pops on BOJ Gov nominee, Russia to cut oil output, Gold lower, Bitcoin breaks below $22k

US stocks are weakened as mounting inflation risks continue to drive Fed rate hike bets. The Nasdaq is getting hit the hardest as yields are moving higher again.

10-02-2023 12:32 GMT by Edward Moya

China boosts oil, gold edges higher

Stronger China buoys oil Oil is heading for a strong week of gains, wiping out last week's losses, as analysts continue to be encouraged by China's transition to living with Covid. While the buzzword for large parts of the global economy this year is "resilience", when it comes to China it's more a question of just how strongly it will bounce back. The assumption, once they began removing restrictions, was that the first quarter or two would be tough but the second half of the year would see gro

10-02-2023 07:21 GMT by Craig Erlam