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Industry News from Energy Services

  • April 3rd, 2025

Oil Declines as Trump’s Wide-Ranging Tariffs Threaten Demand

Oil fell after US President Donald Trump rolled out stiff tariffs on major trading partners, including China and the European Union, that spared energy but ratcheted up a trade war that threatens global demand. ›

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  • April 2nd, 2025

European Gas Fluctuates as Traders Assess Supply Shifts, Weather

European natural gas prices held near €42 a megawatt-hour as traders weighed shifts in the region’s fuel supplies and the impact from a cool start to spring. ›

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  • April 2nd, 2025

Oil Rally Wavers as Focus Turns to Impending US Tariff Measures

Oil was little changed, pausing last month’s rally as traders position themselves for impending US tariff announcements. ›

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  • April 1st, 2025

Oil Holds Hefty Advance With Trump Sanctions, Tariffs in Focus

Oil steadied after jumping on Monday as President Donald Trump suggested that the US may work to curtail crude shipments from Russia, the world’s third-largest producer and a major exporter. ›

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  • March 31st, 2025

Oil Swings as Traders Weigh Trump’s Threat of Russia Penalties

Oil fluctuated as the market weighed Donald Trump’s mixed remarks about the threat of fresh penalties on Russian crude if his counterpart Vladimir Putin refuses a ceasefire with Ukraine. ›

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  • March 28th, 2025

European Gas Set for Weekly Loss as Households Turn Off Heaters

European natural gas prices are set for the first weekly loss in three as the heating season draws to an end and attention fully shifts to restocking for next winter. ›

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  • March 28th, 2025

Oil Poised for Third Weekly Gain Ahead of More Trump Tariffs

Oil headed for a third weekly advance as the market braced for more tariffs from the Trump administration due early next week. ›

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  • March 27th, 2025

European Gas Prices Steady as Heating Demand Winds Down

European natural gas prices swung between small gains and losses as the heating season draws to an end and traders focus on stockpiling for next winter. ›

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  • March 27th, 2025

Oil Holds Gain as US Posts Biggest Drop in Stockpiles This Year

Oil held a gain after US crude inventories fell the most since December, signaling the prospect for near-term supply tightness. ›

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  • March 26th, 2025

European Gas Slips as Ample LNG Flows Help Ease Storage Worries

European natural gas continued its slide as ample supply of LNG and warmer weather ease pressure on the region’s fuel inventories after a rocky start to the year. ›

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