Energy news

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Commodities and Cryptos: Nat Gas volatility, WTI crude tops $90, Gold pares losses, Bitcoin lower

The UK power regulator approved a 54% increase for prices starting on April 1st. This follows the 12% price jump households saw in October. UK energy companies can now pass along the rise in natural gas prices to consumers, which will punish 15 million that rely on floating rate pricing.

03-02-2022 15:47 GMT by Edward Moya

Oil eases lower, gold falls below USD 1800

Oil softens but major correction unlikely Oil prices are softening a little again today, as they continue to struggle around the USD 90 level. This comes even as OPEC+ refused to be pressured into raising output faster in March - or perhaps be forced to do something they're unable to do right now.

03-02-2022 11:30 GMT by Craig Erlam