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Industry News from Energy Services

  • August 9th, 2022

European Natural Gas Prices Ease Amid Rising Inventories

European natural gas prices fell for a third day as fuel held in storage facilities across Europe edged above the seasonal norm. ›

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  • August 9th, 2022

Oil slips amid chance of Iran nuclear deal supply boost

Oil prices slipped on Tuesday as traders eyed the latest progress in last-ditch talks to revive the 2015 nuclear accord with Iran, which would clear the way to boost its crude exports in a tight market. ›

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  • August 8th, 2022

Oil Endures Choppy Start to Week With Demand Concerns in Focus

Oil swung between gains and losses in volatile summer trading as investors continue to weigh the potential hit to demand from an economic slowdown. ›

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  • August 5th, 2022

European Gas Set for Another Weekly Gain on Russia’s Supply Grip

European natural gas prices headed for a third weekly gain as persistent concerns over Russian supply heightens the risk of shortages. ›

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  • August 5th, 2022

Oil prices climb as supply shortage concerns outweigh demand worries

Oil prices rose on Friday, bouncing off their lowest levels since February in the previous session, as supply shortage concerns were enough to cancel out fears of slackening fuel demand. ›

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  • August 4th, 2022

European Gas Falls With US LNG Plant Poised for Quick Restart

Natural gas prices in Europe headed for a second day of losses, with signs of extra supplies from the US offsetting concerns about shipments from Russia. ›

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  • August 4th, 2022

Oil prices edge up on supply concerns after drop to near 6-month low

Oil prices rose on Thursday as supply concerns triggered a rebound from multi-month lows plumbed in the previous session after U.S. data signalled weak fuel demand. ›

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  • August 3rd, 2022

Oil prices dip ahead of OPEC+ meeting

Oil prices dipped on Wednesday ahead of a meeting of OPEC+ producers at which producers are expected to keep output steady with spare capacity limited and against the backdrop of fears that a slowdown in global growth will hit fuel demand. ›

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  • August 2nd, 2022

Oil slips as global demand concerns weigh, OPEC+ meeting eyed

Oil slipped on Tuesday as investors absorbed a bleak outlook for fuel demand with data pointing to a global manufacturing downturn just as OPEC+ producers meet this week to decide whether to increase supply. ›

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  • August 2nd, 2022

European Gas Extends Gains With Russia Risk and Demand in Focus

European natural gas prices advanced as traders seek clarity on supplies from Russia and the pace of demand destruction in the region. ›

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