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.

Week Ahead - RBA, BOE, ECB, OPEC+, and NFP in focus

After a rollercoaster January, Wall Street is now expecting the Fed to aggressively raise interest rates over the course of the year as they scramble to control inflation. The US dollar is once again king as most economists are now expecting the Fed to deliver anywhere between 3-7 rate hikes this year. The upcoming week is filled with a few big rate decisions from the RBA, BOE, and ECB.

28-01-2022 16:29 GMT by Edward Moya

Commodities and Cryptos: Crude's great week, Gold extends losses, Bitcoin rebounds

Oil Crude prices have been on fire, rising for a sixth straight week as the demand outlook improves and over geopolitical fears could lead to severe production disruptions. The supply side continues to support a tight market as OPEC+ is expected to stick to their plan of increasing output by 400,000 bpd in March, even though their compliance last month only hit 60% of plan. Now that $90 oil is here, it won’t take much to get prices to $100 and that will just intensify the global energy crisis.

28-01-2022 15:18 GMT by Edward Moya