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 edges higher, gold range trades

Oil prices are steady Oil prices eased overnight in the face of a stronger US dollar, a slow news ticker from Eastern Europe, and continuing concerns over China’s growth as the Shanghai lockdown continued. Brent crude fell by 2.15% to USD 104.60 a barrel, with WTI falling 2.45% to USD 101.15 a barrel.

06-04-2022 04:26 GMT by Jeffrey Halley

Oil edges lower, gold consolidates

Oil pares gains but remains in consolidation Oil prices are slipping a little on Tuesday after rebounding at the start of the week. The threat of European sanctions on Russian oil remains an upside risk for crude prices despite the firm opposition in the short term from certain member states.

05-04-2022 13:17 GMT by Craig Erlam