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Energy Services News

  • May 8th, 2024

Gas: Prices drop as warm weather, storage filling offset LNG concerns

Dutch and British wholesale gas prices fell on Wednesday morning, with warm weather and the restocking of storages in Europe offsetting concerns over liquefied natural gas (LNG) supplies. ›

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  • May 8th, 2024

Oil dips on rising US stockpiles, cautious supply expectations

Oil prices fell in Asian trade on Wednesday as industry data showed a pile-up in crude and fuel inventories in the U.S., a sign of weak demand, and cautious supply expectations emerged ahead of an OPEC+ policy meeting next month. ›

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  • May 7th, 2024

Oil climbs after Israel strikes Gaza, truce talks continue

Oil prices edged higher on Tuesday after Israel struck Rafah in Gaza, while negotiations for a ceasefire with Hamas continued without resolution. ›

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  • May 3rd, 2024

Gas: Prices steady as warm weather offsets LNG concerns

Dutch and British wholesale gas prices held steady on Friday morning as warmer forecasts limited some of the upside momentum sparked by expectations of intensifying competition from Asia for liquefied natural gas (LNG) deliveries. ›

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  • May 3rd, 2024

Oil prices set for steepest weekly drop in 3 months

Oil prices edged up on Friday on the prospect of OPEC+ continuing output cuts, but the crude benchmarks were headed for the steepest weekly losses in three months on demand uncertainty and easing tensions in the Middle East reducing supply risks. ›

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  • May 2nd, 2024

Gas: Prices up on cooler weather, supply concerns

Dutch and British wholesale gas prices rose on Thursday morning on cooler temperatures and supply concerns, despite solid storage inventories. ›

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  • May 2nd, 2024

Oil prices rebound on hopes US will replenish strategic reserve

Oil prices rose on Thursday, rebounding from three days of losses, on expectations the lower levels may prompt the U.S., the world’s biggest crude consumer, to start replenishing its strategic reserve, putting a floor under prices. ›

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  • May 1st, 2024

UK Gas Prices Fluctuate as Wind Generation Shows Declines

Britain’s natural gas prices fluctuated as wind generation eased, boosting demand for the fossil fuel. ›

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  • May 1st, 2024

Oil falls for a third day on Middle East ceasefire hopes

Oil fell more than 1% on Wednesday, losing ground for a third straight session on hopes of a ceasefire agreement in the Middle East and by rising crude inventories and production in top consumer the United States. ›

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  • April 30th, 2024

Gas: Prices edge higher on lower supply

Dutch and British wholesale gas prices edged higher on Tuesday morning as falling demand due to warmer temperatures was offset by lower liquefied natural gas (LNG) supply and curbed flows of gas from Norway due to maintenance. ›

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