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Industry News from Energy Services

  • July 14th, 2025

European Gas Hovers Near Two-Week High as Asia Attracts Cargoes

European natural gas futures hovered near a two-week high, with traders watching demand from key buyers in Asia where extreme heat is boosting cooling needs. ›

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  • July 14th, 2025

Oil edges up, investors eye Trump statement on Russia

Oil prices nudged higher on Monday, adding to gains of more than 2% from Friday, as investors eyed further U.S. sanctions on Russia that may affect global supplies, but a ramp-up in Saudi output and ongoing tariff uncertainty limited gains. ›

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  • July 11th, 2025

Oil climbs on potential Russia sanctions; OPEC+ output, tariffs weigh

Oil prices rose on Friday after U.S. President Donald Trump said he would make an announcement regarding Russia, raising the prospect of more sanctions on the major oil producer, while tariff concern and rising OPEC+ output capped gains. ›

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  • July 10th, 2025

Oil steady amid bearish Trump tariff outlook, weaker US dollar

Oil prices were steady on Thursday as investors weighed the potential impact of U.S. President Donald Trump’s tariffs on global economic growth, while a weaker dollar and signs of strong U.S. gasoline demand underpinned prices. ›

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  • July 9th, 2025

Oil prices ease from two-week highs as investors await tariff clarity

Oil prices edged lower on Wednesday after rising to two-week highs in the previous session, weighed down by investors waiting for clarity on new U.S. tariffs and expectations of rising crude inventories in the United States. ›

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  • July 8th, 2025

Oil eases as traders assess US tariffs, OPEC+ output hike

Oil prices retreated on Tuesday after rising almost 2% in the previous session as investors assessed new developments on U.S. tariffs and a higher-than-expected OPEC+ output hike for August. ›

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  • July 7th, 2025

European Natural Gas Prices Steady as US Tariff Deadline Nears

European natural gas prices steadied as traders eyed US President Donald Trump’s fast-approaching tariff deadline and the impact levies will have on global economic activity. ›

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  • July 7th, 2025

Oil falls as OPEC+ hikes August output more than expected

Oil prices slipped on Monday after OPEC+ surprised markets by hiking output more than expected in August, while uncertainty over U.S. tariffs and their potential impact on global economic growth weighed on demand expectations. ›

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  • July 4th, 2025

Oil falls as Iran affirms commitment to nuclear treaty

Oil futures fell on Friday after Iran reaffirmed its commitment to nuclear non-proliferation and amid expectations that major producers are set to agree to raise their output this weekend. ›

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  • July 3rd, 2025

Oil retreats as US tariff uncertainty looms, OPEC+ set to raise output

Oil prices fell on Thursday after gaining 3% in the previous session as investors are wary higher U.S. tariffs may be reinstated, which could cause lower fuel demand, and as major producers are expected to announce an output hike. ›

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