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 falls below $58 as Ukraine agrees to 19-point Peace Plan
Oil (WTI) has taken another hit, falling below the $58 mark, as reports confirm a revised 19-point Russia-Ukraine peace framework has been agreed upon by Kyiv. The agreement is a "living paper," but the imminent hope of a resolution has reduced supply route. Stuck in a downward sequence, we analyze the WTI charts to see how these major geopolitical fundamental swings are impacting price action.
by Elior Manier
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Growing Oversupply in the Global Oil Market
Global oil supply pressures are rising as “oil on water” volumes surge, reflecting growing difficulty in placing crude on final markets. A significant share of the buildup comes from sanctioned barrels, especially Russian ones. New sanctions taking effect on November 21 may further increase floating oil volumes and deepen the emerging market surplus.
by Łukasz Zembik
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