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Industry News from Energy Services

  • January 25th, 2022

Oil prices rebound as growing geopolitical tensions fuel supply fears

Oil prices bounced back on Tuesday, recovering some of the previous day’s losses, as growing tension in Eastern Europe and the Middle East fuelled concerns over possible supply disruptions. ›

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  • January 24th, 2022

EUROPE GAS-Prices rise on Russia-Ukraine conflict concerns

British and Dutch gas prices rose on Monday morning, buoyed by rising tensions over a possible Russian invasion of Ukraine. ›

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  • January 24th, 2022

Oil prices rise on supply fears amid tensions in Eastern Europe, Middle East

Oil prices rose on Monday on worries about supply disruption amid rising tensions in Eastern Europe and the Middle East, which could make an already tight market even tighter, while OPEC and its allies continued to struggle to raise output. ›

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  • January 21st, 2022

EUROPE GAS-Prices mixed on higher Norwegian flows, weather, war risk

British and Dutch gas prices were mixed on Friday morning with some contracts down on higher Norwegian exports and rising temperatures but some up amid concerns about Russia and Ukraine tensions. ›

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  • January 21st, 2022

Oil falls as investors scoop up profits after U.S. inventory build

Oil prices fell on Friday, after rising to seven-year highs this week, as investors took profits following a build-up in U.S. crude and fuel inventories, though overall sentiment remained solid due to concerns over tight supply and geopolitics. ›

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  • January 20th, 2022

EUROPE GAS-Prices fall as supply swells, temperatures set to rise

British and Dutch gas prices fell on Thursday morning on strong supplies of Norwegian gas and liquefied natural gas (LNG) and with temperatures set to rise. ›

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  • January 20th, 2022

Oil prices slip from 2014 highs, supply concerns limit losses

Oil slipped on Thursday as investors took profits following a month-long rally in prices, but strong demand and short-term supply disruptions continue to support prices close to their highest levels since late 2014. ›

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  • January 19th, 2022

EUROPE GAS-Prices tumble on improved Norwegian flows, strong LNG supply

British and Dutch gas prices fell on Wednesday morning, weighed down by improving flows of Norwegian gas, strong supply of liquefied natural gas (LNG) and mild weather forecasts. ›

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  • January 19th, 2022

Oil highest since 2014 as Turkey outage adds to tight supply outlook

Oil prices rose for a fourth day on Wednesday as an outage on a pipeline from Iraq to Turkey increased concerns about an already tight supply outlook amid worrisome geopolitical troubles in Russia and the United Arab Emirates. ›

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  • January 18th, 2022

EUROPE GAS-Prices mostly fall as LNG, mild forecast offset lower pipeline flows

British and Dutch gas prices were mostly lower on Tuesday morning as high volumes of liquefied natural gas (LNG) and mild forecasts weighed on prices. ›

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