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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 falls on Venezuala and EU, gold dips
Venezuela/Europe send oil lower Overnight, oil prices touched multi-week highs until the US announced it was starting a process, potentially leading to an easing of sanctions on Venezuela. That immediately saw oil reverse all its impressive intraday gains and both Brent crude and WTI finished slightly lower on the day.
18-05-2022 04:51 GMT by Jeffrey Halley
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Asian equities are mostly higher
Asia markets ex-China show gains US equities rallied strongly overnight as US retail sales, industrial production, and manufacturing outperformed, while hawkish comments from Powell and former Chair Bernanke were ignored. The S&P 500 shot higher by 2.02%, the Nasdaq leapt 2.76%, and the Dow Jones gained 1.35%.
18-05-2022 04:15 GMT by Jeffrey Halley
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