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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 drifting, gold steady
Oil markets are surprisingly quiet Oil markets traded sideways overnight, with China's growth fears offsetting a large drop in official US crude inventories overnight. With the geopolitical news ticker fairly quiet, oil markets contented themselves with consolidating the previous day's gains.
21-04-2022 04:26 GMT by Jeffrey Halley
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Oil pares declines, gold stabilises
Oil buoyed by inventory reversal Oil prices are back in the green on Wednesday, paring yesterday's declines just as WTI appeared to be nearing USD 100 once more. The recovery was aided by the EIA inventory data which reversed last week's shock 9.4 million barrel increase to register an 8 million barrel draw. The downward revisions to growth forecasts from the IMF and World Bank in recent days weighed on oil prices after a four-day surge.
20-04-2022 12:54 GMT by Craig Erlam
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