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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 climbs above $100, gold finds support
Saudi Arabia successfully talks up oil Brent crude is back above $100 on Thursday, following the verbal intervention from Saudi Arabia this week. The suggestion that the price did not align with fundamentals and that OPEC+ could cut output has clearly had the desired effect.
25-08-2022 06:54 GMT by Craig Erlam
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Oil's outlook, gold steadies
Oil poised to rise Despite global recession fears, oil prices are poised to be supported as energy investments have been depressed. ​ The tug-of-war between crude demand destruction and a plethora of drivers on why the oil market will remain tight should still suggest prices won’t fall much lower. Oil’s outlook still looks positive here as shale is not taking off, ESG constraints remain, and strong demand for refined product exports.
24-08-2022 14:05 GMT by Edward Moya
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