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 trades around USD 100, gold edges higher
Oil hovers amid recession chat Oil prices are cautiously higher again on Wednesday, with Brent trading around USD 100 and WTI a little below. It's interesting that the recession narrative is having a significant impact on the crude price, even as the market remains extremely tight.
by Craig Erlam
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Oil in choppy waters, gold directionless
Oil trades in a choppy range Oil prices finished almost unchanged overnight, but that belied another large range intraday, with both contracts moving sharply higher before reversing. Russia’s moves on European natural gas continue to underpin prices, while global recession fears continue acting as a headwind. Brent crude finished almost unchanged at USD 104.60, easing slightly to USD 104.45 in muted Asian trading.
by Jeffrey Halley
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