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Industry News from Energy Services

  • April 9th, 2024

Gas: Prices decline on strong wind, healthy import levels

Dutch and British wholesale gas prices declined on Tuesday morning on strong wind output and healthy import levels.

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  • April 9th, 2024

Oil prices turn higher as Middle East ceasefire hopes wane

Oil prices rose on Tuesday after hopes diminished that negotiations between Israel and Hamas would lead to a ceasefire in Gaza amid concerns the lingering conflict could potentially disrupt supply from the key Middle East producing region. ›

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  • April 8th, 2024

Gas: Prices mostly flat amid mixed weather forecasts, balanced market

Dutch and British wholesale gas prices were little changed on Monday morning, with lower Norwegian flows and mixed weather forecasts offset by a generally comfortable supply level and a slide in oil prices. ›

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  • April 8th, 2024

Oil slides more than 1% as Middle East tensions ease

Oil prices slid more than $1 a barrel on Monday, with Brent falling below $90, as Middle East tensions eased after Israel withdrew more soldiers from southern Gaza and committed to fresh talks on a potential ceasefire in the six-month conflict. ›

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  • April 5th, 2024

Oil heads for second weekly gain on geopolitical tension, supply concerns

Oil prices extended gains on Friday and headed for a second weekly gain, supported by geopolitical tensions in Europe and the Middle East, concerns over tightening supply and optimism about global fuel demand growth as economies improve. ›

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  • April 4th, 2024

Oil inches up on concerns of lower supply, signs of U.S. economic growth

Oil prices rose slightly on Thursday on concerns of lower supply as major producers are keeping output cuts in place and on signs of stronger economic growth in the U.S., the world’s biggest oil consumer. ›

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  • April 3rd, 2024

Oil extends gains as geopolitical supply risks intensify

Oil prices extended gains on Wednesday as investors eyed concerns around crude and fuel supplies, following Ukrainian attacks on Russian refineries and the potential for a widening of the Israel-Hamas war to more directly include Iran. ›

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  • April 2nd, 2024

Oil gains on expectations for higher demand and as Middle East concerns rise

Oil prices rose on Tuesday, underpinned by signs that demand may improve China and the U.S., the world’s biggest oil consuming nations, and growing concerns of a widening conflict in the Middle East that could affect supply from region. ›

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  • March 28th, 2024

Gas: Prices steady as mild temperatures curb demand

Dutch and British wholesale gas prices were stable on Thursday with mild temperatures expected to curb gas demand for heating and strong supplies of liquefied natural gas. ›

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  • March 28th, 2024

Oil prices advance as investors reassess US inventories data

Oil prices edged up on Thursday, following two consecutive sessions of decline, as investors reassessed the latest data on U.S. crude oil and gasoline inventories and returned to buying mode. ›

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