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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 trading sideways, gold range-trading
Oil trades sideways Oil, once again, endured big ranges overnight, only to finish not far from where it opened. Once again, Brent crude and WTI saw some heavy selling intraday as markets tried to price in a plethora of central bank hikes and potential recessions.
17-06-2022 04:40 GMT by Jeffrey Halley
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Oil volatile, gold shines
Oil market remains tight ‘Buy the dip’ might be dead for the stock market, but it probably should still work for energy traders. ​ Despite all the fears of aggressive central bank tightening of monetary policy and the slower economic growth that will ensue, the oil market remains very tight. With gasoline prices surging above 5 dollars a gallon, the Biden administration’s call for oil companies to ramp up refining capacity was easily met with an explanation that they will need the government to
16-06-2022 17:10 GMT by Edward Moya
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