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Industry News from Energy Services

  • July 9th, 2026

European Gas Edges Lower as Traders Assess Middle East Flare-Up

European natural gas prices edged lower as traders evaluate the region’s supply picture after fresh hostilities between the US and Iran. ›

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  • July 9th, 2026

Oil prices little changed as markets weigh impact of US strikes on Iran

Oil prices were little changed ​on Thursday as markets assessed the impact of fresh U.S. strikes on Iran, which could hinder progress on talks to end ‌their war and allow for the full reopening of the key Strait of Hormuz. ›

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  • July 8th, 2026

Oil up over 3% as US and Iran trade strikes, raising fears over shaky truce

Oil prices gained more than 3% ​on Wednesday after Iran and the U.S. military traded airstrikes and Washington reimposed crude sales sanctions on Tehran, raising fears ‌their fragile truce was unravelling and Middle East supplies could be disrupted again. ›

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  • July 7th, 2026

Oil prices gain as focus shifts to supply recovery and demand

Oil prices edged higher on Tuesday as traders looked beyond easing geopolitical tensions ‌in the Middle East and turned their attention to supply increases and demand prospects. ›

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  • July 6th, 2026

Oil drifts down after OPEC+ agrees to raise output targets

Oil prices ​inched lower on Monday after OPEC+ agreed to further increase its output targets from August ‌while exports from key producers via the Strait of Hormuz are recovering, potentially adding to global supplies. ›

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  • July 3rd, 2026

Oil prices little changed ahead of long US weekend as peace efforts hold

Oil prices were little changed on Friday before a long holiday weekend in the U.S., as traders held on to ​hopes that attempts to secure peace in the Middle East between the United States and ‌Iran would succeed. ›

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  • June 26th, 2026

European Natural Gas Edges Higher as Traders Monitor Hormuz Risk

European natural gas prices inched higher after an attack on a cargo ship in the Strait of Hormuz renewed fears about safe passage through the critical waterway. ›

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  • June 26th, 2026

Oil Resumes Decline Even as Ship Attack Clouds Hormuz Outlook

Oil was on track for a weekly decline after transits through the Strait of Hormuz accelerated, although an attack on a cargo ship has renewed concerns about safe passage through the vital waterway. ›

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  • June 25th, 2026

Brent Oil Erases Wartime Gains as Hormuz Reopening Boosts Supply

Brent oil erased all of its wartime gains after flows through the Strait of Hormuz ramped up following progress on a US-Iran peace deal. ›

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  • June 24th, 2026

Oil Extends Drop as More Tankers Cross Hormuz After Peace Talks

Oil extended declines as more tankers openly cross the Strait of Hormuz, while the US and Iran signal progress toward ending the war. ›

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