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.

Mid-Market Update: Stocks lower as soft landing fantasy seems unlikely, Energy prices jump, Gold rallies, Bitcoin Hovers
US stocks declined as the harsh reality sets in that the Fed most likely won’t be able to navigate a soft landing as geopolitical risks will continue to keep upward pressures on prices and force the Fed into a difficult decision later this year.  The Fed will either have to tighten policy so much that it sends the economy into a recession, or it will once again have to flip flop and prevent policy from becoming too restrictive.  Wall Street's resilience for risky assets can't handle a flip-flopp
by Edward Moya
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Oil surges, gold eases
Oil prices soar overnight Oil markets are a mess of volatility at the moment, along with my oil data feeds, as Brent crude and WTI endured another day of very choppy trading in a very wide intraday range. Brent crude gave back all its intraday gains, even after API Crude Inventories fell, to finish 1.85% lower at USD 114.50 a barrel.
by Jeffrey Halley
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