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 consolidates, gold dips ahead of FOMC

Risks remain tilted to the upside in oil Oil prices are continuing to consolidate around the upper end of their trading range over the last couple of months. Concerns about Covid cases in Beijing and global growth are continuing to prevent a much larger rally in oil prices as a result of the undersupply in the market, a potential EU ban on Russian imports and the reopening in Shanghai. We're seeing gains again today of around 1% but these are still relatively small and represent a slowing of mom

25-05-2022 11:15 GMT by Craig Erlam

Oil and gold head higher

White House unnerves oil markets Oil prices continued to range trade overnight, finishing almost unchanged in New York. Asia, though, has seen both Brent crude and WTI rise.

25-05-2022 05:33 GMT by Jeffrey Halley