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.

Commodities and Cryptos: Oil weakens on Iranian supply prospects, Gold higher, Bitcoin rally exhausted
Oil Crude prices are ping ponging back and forth as energy traders remain focused on the fallout from Russia’s invasion of Ukraine and as Iran inches closer to a nuclear deal.  In early trade, WTI crude rallied to the highest levels since 2008, after the Russian military captured the Ukrainian city of Kherson. Expectations for another round of Russia-Ukraine talks led to some hope that a possible ceasefire could be agreed upon but talks seem to have been pushed into the beginning of next week.
by Edward Moya
AdobeStock_238676322.jpeg
Oil keeps climbing, gold steady
Oil rises once again in Asia Despite the noise in equity and bond markets overnight, the panic in oil markets continues with prices rallying aggressively once again. Brent crude leapt 6.80% higher to USD 114.50 a barrel overnight, while WTI rallied 4.75% to USD 111.40 a barrel.
by Jeffrey Halley
AdobeStock_224470162.jpeg
1 55 56 57 62