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Industry News from Energy Services

  • June 5th, 2026

European Gas Set for Weekly Gain With US-Iran Deal Still Elusive

European natural gas prices headed for a weekly gain as uncertainty over the prospects for a peace deal between the US and Iran dominated sentiment after fighting in the Middle East intensified. ›

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  • June 5th, 2026

Oil edges down as Oman says Mina al Fahal operations proceeding normally

Oil prices edged down after Oman said operations at Mina al Fahal port were proceeding normally, following a Reuters report that oil loadings had been suspended after an explosion. ›

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  • June 4th, 2026

Oil falls as Lebanon and Israel agree on a ceasefire

Oil prices fell on Thursday as a ceasefire deal between Israel and Lebanon boosted hopes for a broader agreement to ​end the U.S.-Israeli war with Iran that could lead to a reopening of the ‌Strait of Hormuz. ›

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  • June 3rd, 2026

Oil extends gains as Middle East talks stall, hostilities flare

Oil prices rose over 1% on Wednesday, extending gains from the previous session, as hostilities in the Middle East erupted anew and talks between Tehran and Washington showed little ​progress. ›

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  • June 2nd, 2026

Oil slips after Trump says talks with Iran are ongoing

Oil prices trended lower on Tuesday following the previous session’s sharp gains as ​the market remained cautious about progress in U.S.-Iran peace talks. ›

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  • June 1st, 2026

Oil rises as US, Iran trade strikes, Israel moves further into Lebanon

Oil prices rose more than ​3% on Monday after Iran and the U.S. traded strikes and Israel ordered troops to move further into Lebanon in ‌its battle with Tehran-backed Hezbollah. ›

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  • May 29th, 2026

Oil falls more than 1% on reports of possible US-Iran ceasefire deal

Oil futures fell more than 1% on Friday and were on track for their steepest weekly decline since early April, following ​reports that the U.S. and Iran had reached a potential deal to ‌extend a ceasefire. ›

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  • May 28th, 2026

Oil surges after Iran and US trade air strikes

Oil prices jumped more than 2% on Thursday after Iran’s Revolutionary Guards said they targeted a U.S. airbase in response ​to a U.S. attack in the port city of Bandar Abbas. ›

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  • May 27th, 2026

Oil pulls back as traders look for progress on US-Iran talks

Oil prices eased from recent highs on Wednesday, erasing some of ​the previous day’s 4% gain as traders sought ‌clarity on negotiations between Iran and the U.S. after renewed hostilities set back efforts to reopen the Strait of ​Hormuz. ›

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  • May 26th, 2026

Brent gains 2% as US military strikes on Iran add to peace deal uncertainty

Brent crude futures rose more than 2% on Tuesday after the U.S. military carried ‌out strikes in Iran, keeping markets on edge as a deal to end the war and open up the Strait of Hormuz remained elusive. ›

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