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 dips, gold lower as risk appetite returns
Oil prices fall ahead of NATO meeting After rallying since the middle of last week, crude prices declined as energy traders await what actions come from this week’s NATO summit.  Crude supply shortage concerns were somewhat alleviated after reports that China is buying Russian crude at a big discount.  It looks like two key economies, China and India are still buying Russian oil and that will likely put a halt to the recent rebound in prices. The short-term crude demand outlook might need a do
by Edward Moya
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Oil prices jump, gold range-trading
Oil prices soar overnight Nerves broke in oil markets overnight, as the prospect of a European embargo on Russian oil, and reality dawning around Ukraine-Russia negotiations, sent oil prices soaring. Brent crude leapt 7.90% to USD 116.35 a barrel, with WTI rallying 7.0% to USD 112.00 a barrel.
by Jeffrey Halley
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