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Industry News from Energy Services

  • February 22nd, 2011

Oil Rises to Two-Year High on Libya Unrest; Goldman Sees Brent at $110

Oil jumped to the highest in more than two years as violence intensified in Libya, stoking concern crude supplies will be disrupted as violence escalates around the Middle East and North Africa. ›

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  • February 16th, 2011

Gas prices will keep going up, but there are ways to keep the costs down

Despite optimism over a shale ‘glut’, gas prices will remain high. Yet the UK is well placed to ensure the lights stay on. ›

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  • February 16th, 2011

Oil Rebounds From 11-Week Low on Libya Unrest, U.S. Crude Supply Decline

Oil rebounded from an 11-week low in New York on signs U.S. stockpiles are shrinking and as political protests in the Middle East spread to Libya and Bahrain. ›

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  • February 3rd, 2011

Brent Oil Rises a Fifth Day to 28-Month High on Egypt Protests

Oil advanced for a fifth day in London as protests in Egypt turned violent, prompting concern that crude supplies will be disrupted and unrest may spread to other parts of the Middle East. ›

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  • February 1st, 2011

Crude Rally Ends on Signs of Reduced Risk From Egyptian Unrest

Oil dropped from a two-year high as concerns eased that supplies through the Suez Canal may be disrupted by unrest in Egypt. Brent crude traded above $100 a barrel for a second day. ›

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