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 in choppy waters, stubborn inflation weighs on gold

Oil remains volatile but range-bound amid an uncertain outlook Oil is trading a little higher on Tuesday after rebounding off the lows in very choppy conditions in recent days. While there will of course be various contributing factors behind these moves, the fact remains that oil is trading within the same range it has for almost two months and what we're continuing to see is it fluctuate roughly between the upper and lower boundaries. Brent has fallen just short of the previous lows now on fou

Jun 27, 2023 by Craig Erlam

Week Ahead - Inflation and Recession Risks

While Europe appears at great risk for a recession as traders bet on aggressive rate rises by all the European central banks, the Fed is still expected to be nearing the end of their respective rate hiking campaign. The focus in the US will fall on the PCE readings. If inflation comes down as expected, the swap futures might grow even more confident that the Fed will only deliver one more rate hike.

Jun 23, 2023 by Edward Moya