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Industry News from Energy Services

  • June 30th, 2022

European Gas Set for Monthly Spike as Russian Cuts Haunt Market

European gas is heading for the biggest monthly gain since September as Russia’s supply cuts put companies under stress and force governments to confront the prospect of major shortages. ›

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  • June 30th, 2022

Oil dips as market weighs supply concerns, fuel stocks build

Oil prices edged lower in volatile trading on Thursday as the market weighed concerns of global supply and a build in U.S. fuel product inventories. ›

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  • June 29th, 2022

Gas: Dutch prices rise as gas storage filling slows

Dutch wholesale gas prices rose on Wednesday morning, with analysts highlighting concerns over slowing European gas storage injections amid curbed Russian gas supplies. ›

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  • June 29th, 2022

European Gas Prices Rise Amid Risk of Further Supply Woes

Natural gas prices in Europe increased on Wednesday amid risks that the supply situation on the continent will deteriorate. ›

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  • June 29th, 2022

Oil prices slide after three-day rally

Oil prices fell on Wednesday, taking a break after gaining for three sessions, as concerns about the global economy weighed while tight supply curbed losses. ›

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  • June 28th, 2022

EU Gas Swings as Russia-Turkey Flows Resume While Risks Loom

European natural gas prices fluctuated, with traders weighing the return of flows via Turkey against the risk of a further deterioration in supplies to the continent. ›

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  • June 28th, 2022

Oil extends gains as major producers flag capacity limits

Oil prices rallied for a third day on Tuesday as major producers Saudi Arabia and the United Arab Emirates looked unlikely to be able to boost output significantly, while political unrest in Libya and Ecuador added to supply concerns. ›

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  • June 27th, 2022

Gas: Dutch prices edge higher, British prices slip on weaker demand

Dutch wholesale gas prices rose on Monday morning with fears over Russian and liquefied natural gas (LNG) supply buoying prices while British prompt prices fell on weaker demand for gas from power plants. ›

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  • June 27th, 2022

Gas Jumps as Europe Struggles to Fill Russian Gap

European natural gas prices rose as Russia’s deep supply cuts are slowing the pace of refilling storage sites, threatening to fall short of the levels required to keep homes warm in the coming winter. ›

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  • June 27th, 2022

Oil prices volatile ahead of G7 discussions on Russian exports

Oil prices edged down on Monday in a volatile session as investors stood on guard for any moves against Russian oil and gas exports that might come out of a meeting of leaders of the Group of Seven (G7) nations in Germany. ›

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