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.

Crude prices skyrocket by +30%, stock markets tumble & week ahead preview

To start the week, we join OANDA Senior Market Analyst Kelvin Wong and podcast host Jonny Hart in discussing skyrocketing oil pricing amidst tensions in the Middle East and a scheduled G7 meeting to discuss the release of held crude reserves, as well as the fallout across financial markets.

09-03-2026 16:21 GMT by Christian Norman

Markets Today: Brent crude futures surge 14%, STOXX 600 hits two-month lows as FTSE 100 approaches 10000 psychological level

Global markets plunge as Brent crude futures surge 14% on escalating Middle East conflict and supply fears. European shares hit two-month lows, with banking and tech stocks leading the sell-off. The US dollar soars as a safe-haven, pushing the euro and sterling lower. Investor focus shifts to US inflation reports (CPI and PCE) that are expected to reinforce a hawkish Fed and delay rate cuts. Technical analysis of the FTSE 100 is also covered.

09-03-2026 09:46 GMT by Zain Vawda