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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 trades sideways, gold dips lower
Oil trades sideways overnight Oil prices had another choppy session overnight but ultimately traded sideways, booking just modest losses. Markets remain torn between recession fears in the US, Europe, and China torpedoing growth and thus, oil consumption, and the still very tight supply/demand reality of the physical market.
12-07-2022 04:25 GMT by Jeffrey Halley
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Oil slips, Gold tumbles, bitcoin struggling
Oil pares losses Oil prices are slipping again on Monday, although it has recovered the bulk of the losses from earlier in the day. Recession fears are increasingly driving these markets and that's one reality that could limit the rise in oil prices over the medium term. The prospect of further Covid restrictions in China is a near-term headwind for crude prices, also, which could see them trade closer to $100 a barrel as we saw earlier this year. Joe Biden's trip to Saudi Arabia this weekend
11-07-2022 19:00 GMT by Craig Erlam
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