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Industry News from Energy Services

  • March 18th, 2022

Oil gains as Russia-Ukraine talks stall

Oil prices extended their gains on Friday at the end of a third volatile week of trade after slim progress in peace talks between Russia and Ukraine raised the spectre of tighter sanctions and a prolonged disruption to oil supply. ›

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  • March 17th, 2022

Prices rebound on lower Norwegian supply, wind output outlook

British and Dutch gas prices rose on Thursday morning as Norwegian exports fell due to an outage and on expectations of lower wind power generation. ›

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  • March 17th, 2022

Oil surges after IEA warns of shortfall in supply

Oil prices climbed about 3% on Thursday after the International Energy Agency (IEA) said markets could lose three million barrels a day (bpd) of Russian crude and refined products from April. ›

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  • March 16th, 2022

Gas: Prices slip despite lower Russian supplies

British and Dutch gas prices eased from initial gains on Wednesday morning, even though Russian pipeline gas supplies to Europe fell for a second day, amid a bearish energy complex.

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  • March 16th, 2022

Oil prices climb as Russia-Ukraine ceasefire talks stoke volatility

Oil prices rose as much as $3 on Wednesday, bouncing back after earlier declines, as Russia’s invasion of Ukraine continues to stoke volatile trading with ceasefire talks the latest market trigger. ›

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  • March 15th, 2022

Oil plunges over 7% on easing supply concerns, China COVID cases

Oil prices tumbled more than 7% to their lowest in almost three weeks on Tuesday as supply disruption fears eased and surging COVID-19 cases in China spurred demand concerns. ›

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  • March 14th, 2022

Prices fall on steady flows, lower demand

British and Dutch gas prices fell on Monday morning on steady flows and lower demand due to a rise in temperatures. ›

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  • March 14th, 2022

Oil falls on talks to end Ukraine war and ahead of Fed meeting

Oil prices shed as much as $4 a barrel on Monday, extending last week’s decline as diplomatic efforts to end the war in Ukraine geared up and markets braced for higher U.S. interest rates. ›

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  • March 11th, 2022

Prices mixed in volatile trading as Russian gas keeps flowing

British and Dutch gas prices posted losses early on Friday morning amid stable gas flows from Russia, but some contracts have reversed direction as trading remained volatile. ›

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  • March 11th, 2022

Oil firms amid supply worries, but heads for sharp weekly decline

Oil prices rose on Friday but were on track for their biggest weekly declines since November after see-sawing on fears of escalating bans on Russian oil versus efforts to bring more supply to market from other major producers. ›

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