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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 rises above USD 100, gold rebounds
Oil higher after Biden's trip disappoints Crude prices are back where they belong, over the USD 100 a barrel level, after President Biden’s trip to the Mideast did not yield any oil commitments by the Saudis. ​ Boosting oil was also a weaker dollar that stemmed from a broad rebound for risky assets. The oil market will remain tight as the latest earnings updates reinforced how strong the US economy remains.
18-07-2022 13:29 GMT by Edward Moya
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Oil soars after Biden's trip, gold steady
Oil jumps after Biden's failed Saudi trip Oil prices are soaring again today, buoyed by an apparent easing in economic fears, stronger risk appetite and a failure by the White House to get any concrete commitment to increase oil output during the Middle East visit. When the biggest talking point from President Biden's meeting with Saudi Crown Prince Mohammed bin Salman is a fist bump photo, you know it probably hasn't gone to plan.
18-07-2022 12:03 GMT by Craig Erlam
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