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 surges, gold eyes record highs

Oil powers higher All the headlines suggest oil prices will continue to go higher. Global energy supplies will continue to get tighter now that both the US and UK will ban Russian oil. The US took it one step further and also will ban Russian natural gas and other energy sources. Russia's economy will take a big hit as the West shows unity and intensifies its sanctions against the Kremlin. The crude supply outlook will struggle to make up for Russian supplies over the next few months, so wha

08-03-2022 16:00 GMT by Edward Moya

Oil rises on expected US ban, gold rises

Oil higher as the US prepares Russian import ban There's a lot going on in the oil market at the minute which is contributing to the huge amount of volatility and uncertainty we're seeing. It's such a headline-driven market at the moment and today is certainly no different.

08-03-2022 10:50 GMT by Craig Erlam