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Industry News from Energy Services

  • December 3rd, 2024

Oil Edges Higher With Focus on OPEC+ Supply and China Stimulus

Oil edged higher ahead of an OPEC+ supply meeting on Thursday, with wider markets buoyed by hopes China’s leadership will approve more stimulus at a major meeting next week. ›

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  • December 2nd, 2024

European Gas Rises as Colder Weather Forecasts Add to Worries

European natural gas prices headed for a second session of gains as weather forecasts turned colder for parts of the continent. ›

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  • December 2nd, 2024

Oil Rises With Focus on China’s Economy, OPEC+ Supply Meeting

Oil rose along with Asian equities on signs of a slow recovery in China’s economy, as traders look to Thursday’s OPEC+ meeting for further direction. ›

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  • November 29th, 2024

Oil Little Changed in Thin Trading After OPEC+ Delays Meeting

Oil was steady as traders watched for any further clues to OPEC+’s production plans after it delayed a key virtual meeting by four days. ›

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  • November 28th, 2024

Oil Little Changed in Thin Trading Ahead of Key OPEC+ Meeting

Oil was little changed as trading thinned before the US Thanksgiving holiday, with the focus on an upcoming OPEC+ meeting that has been delayed until December 5. ›

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  • November 27th, 2024

Europe Set for Coldest Winter Since Ukraine War, Posing Energy Risk

Europe is set for the coldest winter since Russia’s invasion of Ukraine, pushing up already elevated energy costs as the continent dips into its gas reserves at a faster-than-usual rate. ›

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  • November 27th, 2024

Oil Stabilizes Before OPEC+ Meeting as Cease-Fire Reduces Risks

Oil steadied as signs OPEC+ will once again delay restoring some output countered easing geopolitical risk after a cease-fire agreement between Israel and Hezbollah. ›

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  • November 26th, 2024

Oil Steady as Traders Weigh Trump Tariff Threat, Cease-Fire Deal

Oil steadied as the market assessed President-elect Donald Trump’s threat of tariffs on Canada, Mexico and China, and progress on a cease-fire agreement between Israel and Hezbollah. ›

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  • November 25th, 2024

European Gas Prices Fluctuate With More Cold Weather on the Way

European natural gas prices fluctuated as traders assessed forecasts for a return of colder weather that may further test the region’s inventories. ›

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  • November 25th, 2024

Oil Falls as Bessent Seeks More US Output, Israel Nears Truce

Oil declined as Treasury Secretary nominee Scott Bessent pushed for increased US production and Israel said it’s potentially days away from a cease-fire deal with Lebanon’s Hezbollah. ›

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