Energy news

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Oil goes for a ride, gold clueless

Oil’s price action gets emotional If you’re looking for volatility, trade oil markets. Oil’s price action overnight bordered on outright lunacy as Brent crude rose from USD 114.50 to USD 119.70, before falling to finish 3.60% lower at USD 110.40 a barrel.

04-03-2022 05:05 GMT by Jeffrey Halley

Oil dips after more gains, gold flat

Oil pulls back after almost hitting USD 120 Oil prices are slightly lower, entirely giving up earlier gains that amounted to more than 5% at one point. Brent peaked just shy of USD 120 which is a level that's been talked about a lot in recent weeks but perhaps many won't have expected to see so fast.

03-03-2022 15:36 GMT by Craig Erlam