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Industry News from Energy Services

  • September 30th, 2021

Oil mixed after U.S. inventories post surprise gain

Oil prices were mixed on Thursday as selling prompted by an unexpected rise in U.S. inventories eased, with analysts predicting supply may not keep up with a recovery in demand. ›

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  • September 29th, 2021

EUROPE GAS-Prices rise on forecasts of lower Russian exports, cold weather

British and European wholesale gas prices rose on Wednesday on expectations for lower supplies from Russia and forecasts of cold weather in coming days. ›

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  • September 29th, 2021

Oil drops a second day after rally peters out

Oil prices fell on Wednesday after U.S. crude inventories unexpectedly rose as doubts over demand resurfaced, with COVID-19 cases continuing to increase worldwide and some regions facing gasoline shortages. ›

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  • September 28th, 2021

Oil climbs for sixth day on supply concerns, Brent tops $80

Oil markets climbed for a sixth day on Tuesday, reversing earlier losses, on fears over tight supply while surging prices of liquefied natural gas (LNG) and coal also lent support. ›

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  • September 27th, 2021

EUROPE GAS-Prices mostly higher on winter concerns, energy complex gains

British and European wholesale gas prices were mostly higher on Monday on expected higher demand, concerns over winter supplies and gains in other energy markets. ›

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  • September 27th, 2021

Oil gains for fifth day amid supply constraints

Oil prices rose for a fifth straight day on Monday with Brent heading for $80 amid supply concerns as parts of the world sees demand pick up with the easing of pandemic conditions. ›

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  • September 24th, 2021

EUROPE GAS-Prices ease as Norwegian supplies ramp up

British and European wholesale gas prices fell for a third straight day on Friday morning as Norwegian gas flows ramped up, alleviating some concerns over tight supplies this winter. ›

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  • September 24th, 2021

Oil edges higher on supply concerns, China releases 4.43 mln barrels

Oil prices rose on Friday for a fourth straight day due to global supply concerns following powerful storms in the United States, with China’s first public sale of state crude reserves causing a momentary blip in the rise. ›

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  • September 23rd, 2021

Oil prices rise on tight supply, renewed risk appetite

Oil prices extended gains on Thursday, riding higher on growing fuel demand and a bigger-than-expected draw in U.S. crude inventories as production remains hampered in the Gulf of Mexico after two hurricanes. ›

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  • September 22nd, 2021

EUROPE GAS-Prices fall as wind power ramps up

British and European wholesale gas prices fell on Wednesday morning as expectations of higher output from wind farms curbed power plant demand for gas. ›

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