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Energy Industry Glossary

Our Energy Industry Glossary: A useful list of important key words and their meanings that are associated with the Energy Procurement industry.

Glossary

Latest News from Energy Services

Oil steadies after biggest annual loss since 2020

Oil prices steadied on the first day of trade in 2026 after registering their biggest annual loss since 2020 as investors weighed oversupply concerns against geopolitical risks including the war in Ukraine and Venezuela exports. ›

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Oil slips as market weighs geopolitical risks against bearish fundamentals

Oil prices slipped on Tuesday as traders weighed geopolitical risks against bearish fundamentals, after the U.S. signaled it might sell the Venezuelan crude it has seized while Ukraine’s attacks on Russian vessels and piers heightened fears of supply disruption.... Read more