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Industry News from Energy Services

  • April 16th, 2026

Oil little changed on scepticism US-Iran peace talks will ease Hormuz disruption

Oil prices were little changed on Thursday, reversing earlier declines, on scepticism that peace talks between ‌the U.S. and Iran will reach a deal to end the war that has bottled up oil output from the key Middle East producing region. ›

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  • April 15th, 2026

Oil prices fall on expectations US-Iran peace talks may resume

Oil prices fell for a second day on Wednesday on expectations ‌peace talks between the U.S. and Iran may resume and supply will eventually be released from the key Middle East producing region trapped by the closure of the Strait of Hormuz.

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  • April 14th, 2026

Oil prices fall as supply concerns ease on hopes for US-Iran talks

Oil prices fell on Tuesday in Asian trade, ​as concerns about supply risks stemming from the U.S. blockade of the Strait of Hormuz were allayed by signs of ‌possible talks to end the U.S.-Iran war. ›

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  • April 13th, 2026

Oil rises over 7% to above $100 ahead of US blockade on Iran

Oil prices climbed above $100 a barrel on Monday as the U.S. Navy prepared to block ships ‌to and from Iran via the Strait of Hormuz, a move that could restrict Iranian oil exports, after Washington and Tehran failed to reach a deal to end the war. ›

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  • April 10th, 2026

Oil climbs as strikes on Saudi facilities stoke anxiety, Hormuz near standstill

Oil prices climbed on Friday, driven by fresh anxiety over supplies from Saudi ‌Arabia and as tanker traffic through the critical Strait of Hormuz remained largely frozen. ›

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  • April 9th, 2026

European Gas Steadies as Traders Monitor Fragile Iran-US Truce

European natural gas steadied as the Strait of Hormuz remained largely closed and fighting continued in the Middle East, threatening a fragile ceasefire agreement between the US and Iran. ›

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  • April 9th, 2026

Oil rebounds as fragile Gulf ceasefire, constrained Hormuz keep supply risks elevated

Oil prices rose on Thursday as doubts over ​a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of ‌Hormuz will remain restricted. ›

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  • April 8th, 2026

European Gas Futures Tumble on US-Iran Ceasefire Agreement

European natural gas plunged after the US and Iran agreed to a two-week ceasefire that could temporarily reopen the vital Strait of Hormuz and ease strained global energy markets. ›

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  • April 8th, 2026

Oil slides below $100 after Trump announces two-week ceasefire

Oil fell below $100 per barrel on Wednesday after U.S. President Donald ‌Trump said he had agreed to a two-week ceasefire with Iran that was subject to the immediate and safe reopening of the Strait of Hormuz. ›

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  • April 7th, 2026

European Gas Ticks Higher as Trump Threatens Iran War Escalation

European natural gas prices edged higher after US President Donald Trump escalated threats to obliterate key Iranian infrastructure if his terms for a deal to end the conflict aren’t met before a Tuesday deadline. ›

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