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Industry News from Energy Services

  • August 26th, 2025

Oil eases after hitting over two-week high on Russia supply risks

Oil prices edged down on Tuesday after surging nearly 2% in the previous session, with traders keeping a close eye on developments surrounding the Ukraine war that could disrupt Russian fuel supplies. ›

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  • August 22nd, 2025

European Gas Set for Weekly Gain as Ukraine Peace Optimism Wanes

European natural gas prices are headed for the first weekly gain in three as the initial optimism over US President Donald Trump’s efforts to end Russia’s war in Ukraine wanes. ›

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  • August 21st, 2025

Funds Cut Long Bets on European Gas at Fastest Pace Since Winter

Funds cut speculative long bets that European gas prices will rise at the fastest pace since last winter, signaling growing conviction that supply worries are set to ease as traders ramp up stockpiling ahead of the heating season. ›

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  • August 21st, 2025

Oil Rises Amid Large Inventory Drawdown, Russia-Ukraine Talks

Oil rose after a weekly report from the Energy Information Administration showed a 6 million-barrel decline in US inventories. Traders continued to monitor negotiations to end Russia’s war against Ukraine. ›

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  • August 20th, 2025

Oil Slips as Trump Ramps Up Diplomatic Push to End Ukraine War

Oil slid as traders weighed the outlook for a ceasefire in Ukraine, with President Donald Trump pushing for a summit between Vladimir Putin and Volodymyr Zelenskiy after a series of high-level talks. ›

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  • August 18th, 2025

Trump Trade Adviser Navarro Slams India for Buying Russian Oil

The dramatic increase in India’s purchases of Russian oil since the invasion of Ukraine is “opportunistic and deeply corrosive” of a global effort to isolate the Kremlin and curb Vladimir Putin’s war machine, White House trade adviser Peter Navarro wrote in the Financial Times. ›

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  • August 18th, 2025

European Gas Hovers Near 2025 Low Before Zelenskiy-Trump Talks

European natural gas prices hovered near a fresh 2025 low ahead of US President Donald Trump’s meeting with Ukraine’s Volodymyr Zelenskiy, who faces pressure to reach a peace deal with Russia that involves ceding territory ›

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  • August 15th, 2025

Europe Gas Prices Fall Near 2025 Lows Ahead of Trump–Putin Talks

Europe’s natural gas prices slid to near the lowest level this year in anticipation of a historic summit between US President Donald Trump and Russia’s Vladimir Putin, which will seek to end a war that collapsed fuel flows from what was once the continent’s biggest supplier. ›

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  • August 15th, 2025

Oil falls as Chinese, US economic data raise fuel demand concerns

Oil prices fell on Friday as concerning economic data from the U.S. and China, the world’s two largest oil users, increased worries about fuel demand while investors also await the summit between U.S. President Donald Trump and Russian leader Vladimir Putin. ›

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  • August 14th, 2025

Oil climbs on Russia supply risks, ahead of summit

Oil prices climbed on Thursday as investors weighed what impact the U.S.-Russia summit on Ukraine on Friday might have on Russian crude flows, with secondary sanctions looming over Moscow’s customers, while a rising supply outlook capped gains. ›

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