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 powers upwards, gold declines

Oil prices spike higher once again Oil prices, like so many asset classes, went their own way overnight. Improving sentiment around markets being ignored as oil stage another massive rally in thin liquidity conditions.

18-03-2022 04:47 GMT by Jeffrey Halley

Oil back above USD 100, gold rallies

Oil prices edge higher Crude prices have come down enough and seem poised to stabilize above the USD 100 a barrel level until energy traders have clarity over geopolitical developments in Ukraine and with Iran nuclear deal talks. Not enough crude demand destruction has happened to warrant prices falling below the USD 90 level and with inventories continuing to decline, this oil market will likely remain tight for quite some time. WTI crude seems poised to continue to edge higher if no major p

17-03-2022 15:39 GMT by Edward Moya