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 and gold take wild rides

Brent crude rises once again as Asian buyers buy the dip To describe the price action on oil markets as wild yesterday would be a gross understatement. Brent crude rose nearly 10 US dollars to just shy of USD 106.00, before retreating to USD 99.00 at the close, a 2.0% gain for the day.

25-02-2022 04:08 GMT by Jeffrey Halley

US Close – Russia attack on Ukraine changes everything for Inflation/growth outlooks, Stocks rebound, Ruble pummeled, Oil volatile, Gold turns negative, Bitcoin stabilizes

Global equities were in freefall as investors fled to safe-haven assets after Russian missiles and airstrikes hit dozens of Ukraine cities. Regional warfare will intensify inflationary pressures globally as energy markets could still see another massive surge after the EU/US respond.

24-02-2022 15:18 GMT by Edward Moya