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Industry News from Energy Services

  • August 16th, 2012

Europe gas prices must rise to avoid winter squeeze

European natural gas prices need to rise by $2 per million British thermal units (mmBtu) in order to attract cargoes of liquefied natural gas (LNG) and avoid a winter supply squeeze, Goldman Sachs said on Thursday. ›

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  • August 3rd, 2012

US Crude Above $90 as Jobs Report Sparks Rally

U.S. crude futures rose more than $3 on Friday, pushing above $90 a barrel on support from a U.S. July nonfarm payrolls report showing employers added 163,000 jobs, above expectations for an increase of 100,000. ›

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