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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, gold continues range-trade
Oil prices edge lower in Asia Oil prices tumbled in Asia yesterday morning but managed to recover some of their losses throughout the rest of the day. Nevertheless, oil still recorded a substantial loss for the session.
23-06-2022 05:30 GMT by Jeffrey Halley
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Oil crushed on recession fears, gold steadies
Oil pares losses after Powell testimony Oil volatility will remain elevated now that opposing opinions are emerging on where prices will finish the year. ​ Oil prices are under pressure as global recession fears accelerated crude demand destruction calls. ​ Inflation and growth concerns won’t be improving anytime soon and that has all the short-term drivers turning negative for the crude demand outlook. Citigroup's Morse is expecting oil to fall to the USD 80s by the fourth quarter, while Goldma
22-06-2022 13:24 GMT by Edward Moya
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