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 volatile, gold drops below USD 2000
Another volatile session for oil It's been another incredibly volatile day in the oil market, with Brent crude at one point rising a few percent before reversing course to trade down more than 5% on the day. This comes as it continued to see resistance around USD 130 following the US and UK decisions to ban and phase out Russian oil imports. With the EU not joining them, due to their far heavier reliance on Russian oil, and instead looking to do so over a much longer period, the price never ra
by Craig Erlam
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Oil rises, gold punches past USD 2000
Oil prices stay firm Oil prices remained firm overnight, finishing around 4.0% higher for the day after President Biden announced a unilateral ban on Russian energy imports. The move was well telegraphed, with oil markets having already moved higher this week in anticipation.
by Jeffrey Halley
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