The price of the energies are taken as an indicator for the global economy. Increase in the energy prices leads to increase in inflation and central banks raise interest rates. This segment is also traded in MCX exchange. Energy trading carries few risks: 1) Seasonality 2) Political risk and the price mainly depends on demand and supply and production.
Inventory data is also a major trigger in this segment when production vs usage data is published and the price tends to fluctuate heavily during that inventory time.