Energy Services
Client Login

01924 267406

sales@energy-services.co.uk
Connect with us Follow us on Twitter Call us
Blog Header
Save Money

Procurement

Save Time

Intelligence

More Information

Clear Analysis

More Control

Management

Industry News from Energy Services

  • May 28th, 2024

Oil steadies as OPEC+ restraint balances interest rate concerns

LONDON, May 28 (Reuters) – Global oil prices steadied on Tuesday as the prospect of OPEC+ maintaining oil supply curbs at its June 2 meeting and hopes of strong U.S. summer fuel demand balanced concern about higher-for-longer U.S. interest rates. ›

Read more
  • May 24th, 2024

Oil steady as investors weigh U.S. rate fears, firmer seasonal demand

SINGAPORE, May 24 (Reuters) – Oil prices were stable on Friday as investors considered the latest comments from the U.S. Federal Reserve on interest rates amid sticky inflation, while signs of firming seasonal U.S. fuel demand lent support. ›
Read more
  • May 24th, 2024

Equinor to boost Troll gas output with $1.1 bln investment

Equinor and its partners in the North Sea Troll gas field, Europe’s largest, will invest 12 billion Norwegian crowns ($1.13 billion) to further boost production, the Norwegian energy company said on Friday. ›

Read more
  • May 23rd, 2024

Oil prices fall for fourth straight day as US rate hike prospects emerge

Oil prices eased for a fourth straight session on Thursday after the minutes of a U.S. Federal Reserve meeting revealed discussions of a further tightening of interest rates if inflation remained sticky, a move that could hurt oil demand.

Read more
  • May 22nd, 2024

Oil slips for third session on likely ‘higher for longer’ US rates

Oil prices fell for a third straight session on Wednesday on expectations the Federal Reserve might keep U.S. interest rates higher for longer due to sustained inflation, potentially impacting fuel use in the world’s largest oil consumer. ›

Read more
  • May 21st, 2024

Oil prices fall on demand fears over Fed’s rates path

Oil prices extended losses in Asia trade on Tuesday, with investors anticipating lingering U.S. inflation and higher interest rates to depress consumer and industrial demand. ›

Read more
  • May 20th, 2024

Oil climbs after Iran’s president dies, Saudi flags issue with king’s health

Oil prices extended gains on Monday amid political uncertainty in major producing countries after Iran’s president died in a helicopter crash and Saudi Arabia’s crown prince cancelled a trip to Japan, citing issues with the king’s health. ›

Read more
  • May 17th, 2024

Oil set for weekly gain on hopes of firmer demand

Oil prices rose on Friday, with global benchmark Brent set for its first weekly gain in three weeks as economic indicators from big consumers China and the United States bolstered hopes for higher demand. ›

Read more
  • May 16th, 2024

Oil prices rise on slower US inflation, strong demand

Oil prices extended gains from the previous session on Thursday on signs of stronger demand in the U.S., where data showed slower inflation than markets expected, bolstering the argument for an interest rate cut that could drive greater consumption. ›

Read more
  • May 13th, 2024

Gas: Prices mixed amid softer demand, warmer weather

Dutch and British wholesale gas prices were mixed on Monday morning amid a comfortable supply/demand balance with warmer weather curbing demand and allowing storage injections. ›

Read more

All Categories

News Archive