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Industry News from Energy Services

  • July 21st, 2022

UK prices rise, Dutch market falls as Nord Stream restarts

British gas prices rose early on Thursday as hot weather drove demand, while Dutch prices dropped after physical flows through Russia’s biggest gas pipeline to Germany resumed after a 10-day outage. ›

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  • July 21st, 2022

Oil price dip continues on higher U.S. gasoline stockpiles

Oil prices fell for a second session on Thursday after higher U.S. gasoline stockpiles stoked demand worries and returning energy supply from Libya and Russia eased supply concerns. ›

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  • July 20th, 2022

Oil prices drop more than 1% ahead of U.S. inventory data

Oil prices slumped more than $1 a barrel on Wednesday, pressured by global central bank efforts to tame inflation and ahead of expected builds in U.S. crude inventories as product demand weakens. ›

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  • July 19th, 2022

Europe Wind Generation Increases, Providing Some Relief to Power Costs

European wind generation is forecast to increase Tuesday, providing some relief to soaring power prices amid a scorching heat wave sweeping across Europe. ›

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  • July 19th, 2022

European Gas Prices Rise as Focus Returns to Russia Supply Risk

European natural gas prices rose, following three days of declines, with the market focused on the risk of supplies from Russia and a major heat wave bearing down on parts of the region. ›

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  • July 19th, 2022

Oil prices rise on tight supply worries, soft dollar supports

Oil rose slightly on Tuesday, paring earlier losses and after soaring by more than $5 barrel in the previous session, amid concerns about tight supply. ›

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  • July 18th, 2022

European Gas Prices Jump as Heat Wave Boosts Cooling Demand

European natural gas prices jumped with a heat wave scorching the western half of the region, boosting demand for cooling and pushing energy costs higher. ›

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  • July 18th, 2022

Oil prices jump as soft dollar, tight supplies support

Oil prices extended gains on Monday, propped up by a weaker dollar and tight supplies that offset concerns about recession and the prospect of widespread COVID-19 lockdowns in China again reducing fuel demand. ›

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  • July 15th, 2022

Oil rises on prospects of less aggressive U.S. rate hike

Oil prices rose on Friday amid prospects of a less aggressive U.S. rate hike, although worries about a recovery in demand capped gains. ›

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  • July 13th, 2022

European Gas Holds Gains as Nord Stream Works Put Market on Edge

European natural gas prices gained for a second day as traders remain on edge over what to expect when Russia’s Nord Stream pipeline completes maintenance. ›

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