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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 pares gains, gold loses ground
Oil rebound brief as gas spikes amid sabotage on Nord Stream pipelines Oil prices rebounded on Tuesday but that proved to be only a brief correction as economic doom and gloom has driven them lower again this morning. With Brent trading only a little above $80 and WTI below, you have to wonder how much more OPEC+ will tolerate and the size of output cut they may be considering next week in light of the new economic outlook and price. Gas prices have also been highly volatile in light of the late
28-09-2022 04:06 GMT by Craig Erlam
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Mid-Market Update: Stocks fragile rebound, crude stabilizes, gold bounce, bitcoin above $20k
After stocks fell to the lowest levels since 2020, Wall Street called a timeout to the massive rout that has many traders fearing central banks worldwide will trigger severe recessions.  The latest round of Fed speak provide some optimism that the Fed is getting close to finishing up this rate-hiking cycle.  Fed’s Evan said it will be appropriate to slow the pace of rate hikes at some point, while Bullard noted that US rates have arguably moved into restrictive territory.  Today’s stock market
27-09-2022 11:11 GMT by Edward Moya
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