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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 bounces back, gold trading sideways
Oil rallies sharply overnight Oil had another hugely volatile session overnight, with Brent crude and WTI rallying by over 4.0%, reversing the losses of Wednesday. That came despite a huge increase by US official Crude Inventories by 8.235 million barrels.
08-07-2022 04:11 GMT by Jeffrey Halley
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Oil takes a tumble, gold in trouble
Asia buys oil after another overnight slump Oil had another hugely volatile session overnight as hawkish FOMC minutes and recession fears prompted more long liquidation and attracted algo-driven momentum sellers. Brent crude tumbled by 4.80% to USD 99.75 a barrel in another mind-boggling session.
07-07-2022 05:22 GMT by Jeffrey Halley
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