The world's energy markets are changing. This is because of world politics and how much energy we have. New actions by the United States against Venezuela made oil prices unsure. Also, more natural gas will be ready soon. This will change the gas market. The US Federal Reserve may change money rates. People still use many fossil fuels. These things affect money and nature.
On Monday, oil prices went up. West Texas oil cost $57.65 per barrel. Experts think this is because the US stopped more oil from Venezuela. A Venezuelan oil ship was stopped. This makes people worry about less oil. A report about oil stocks will come out soon.
People use many fossil fuels. This is called "energy addition." Many new natural gas projects are approved. By 2030, more gas will be ready. This makes gas prices in the US and Europe similar. Gas prices in Europe went down.
The Federal Reserve's choices also affect markets. Many think money rates will be cut soon. This can make the US dollar weaker. When the dollar is weaker, oil prices often go up. Saudi Arabia is making more gas. But OPEC+ will not make more oil.
Using fossil fuels is bad for climate goals. Meetings about climate have not shown enough action. The world is not ready to stop pollution by 2050. Changing to clean energy is hard. High electricity prices hurt businesses. Because of politics and fossil fuels, oil use may stay high.