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Industry News from Energy Services

  • February 18th, 2026

Oil prices slide 2% to two-week low on talk of progress in US-Iran talks

Oil prices fell about 2% to a two-week low on Tuesday on hopes tensions between the United States and Iran were easing after Iran’s foreign minister said the countries had reached an understanding on the main “guiding principles” of their nuclear talks. ›

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  • February 17th, 2026

Brent retreats as market eyes US-Iran nuclear talks

Brent oil prices drifted lower in Asian trade on Tuesday as investors assessed risks of a supply disruption after Iran conducted naval drills near the Strait of Hormuz ahead of nuclear talks with the U.S. later in the day. ›

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  • February 16th, 2026

European Gas Hits Five-Week Low as Weather Outlook Turns Milder

European natural gas futures hit a five-week low as the weather outlook shifted milder, potentially easing strains on rapidly depleting fuel inventories. ›

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  • February 16th, 2026

Oil range-bound ahead of US–Iran nuclear talks

Oil traded little changed on Monday, with investors weighing the market implications of upcoming U.S.-Iran talks aimed at de-escalating tensions against a backdrop of expected OPEC+ supply increases. ›

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  • February 13th, 2026

Oil set for second straight weekly drop as Iran risks recede

Oil prices slipped on Friday and were on track for a second weekly decline as concerns receded over the risks of a U.S.-Iran conflict that could affect supply. ›

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  • February 12th, 2026

Industry steps up pressure on EU to cut energy prices

Top business leaders urged the European Union on Wednesday to act urgently to bring down energy prices, saying that was key for European industries to compete with the U.S. and China. ›

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  • February 12th, 2026

Oil prices rise on concerns about US-Iran tensions

Oil prices edged up on Thursday morning as investors worried about escalating tensions between the U.S. and Iran, and fears that any attacks on Tehran or shipping could lead to supply disruptions. ›

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  • February 11th, 2026

Oil gains on US–Iran tensions, better India demand

Oil prices gained on Wednesday, buoyed by escalating risk as U.S.–Iran talks remained tenuous, while signs of an easing surplus spurred by better demand support from India also added strength. ›

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  • February 10th, 2026

Oil eases as traders weigh supply risks amid US–Iran tensions

Oil prices edged down on Tuesday as traders gauged the potential for supply disruptions after U.S. guidance for vessels transiting the Strait of Hormuz kept attention squarely on tensions between Washington and Tehran. ›

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  • February 9th, 2026

Oil drops more than 1% as US-Iran talks ease supply worries

Oil prices fell more than 1% on Monday as fears of a Middle East conflict eased after the U.S. and Iran pledged to continue indirect talks about Tehran’s nuclear programme, calming worries about potential supply disruptions. ›

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