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Industry News from Energy Services

  • August 12th, 2022

Europe Gas Set for Fourth Weekly Gain on Persistent Supply Fears

European natural gas prices headed for a fourth week of gains as the region braces for an even deeper supply crunch over the winter that could push major economies into recession. ›

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  • August 12th, 2022

Oil prices set for weekly climb, but cloudy outlook caps gains

Oil prices inched higher on Friday, with benchmark contracts headed for a weekly climb as recession fears eased, though an uncertain demand outlook capped gains. ›

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  • August 11th, 2022

Europe Turns to Gas Even More to Keep the Lights On as Cuts Loom

Natural gas overtook nuclear as the biggest source of power in Europe last month, highlighting the challenge of replacing the fuel ahead of winter when supply will get more scarce. ›

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  • August 11th, 2022

Oil edges lower as supply disruption concerns ease

Oil prices drifted lower on Thursday after gaining more than $1 in the previous session, as concerns over supply disruptions eased and markets looked for evidence of improving fuel demand. ›

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  • August 10th, 2022

European Gas Prices Increase as Winter Supply Risks Loom

European natural gas prices rose on Wednesday after three sessions of declines as countries in the region warned of a possibly difficult winter ahead. ›

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  • August 10th, 2022

Oil slips as U.S. crude stockpiles rise, eyes on U.S. inflation data

Oil prices fell on Wednesday ahead of a key U.S. report on inflation and after industry data showed U.S. crude inventories unexpectedly rose last week, signaling a potential hiccup in demand. ›

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  • August 9th, 2022

European Natural Gas Prices Ease Amid Rising Inventories

European natural gas prices fell for a third day as fuel held in storage facilities across Europe edged above the seasonal norm. ›

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  • August 9th, 2022

Oil slips amid chance of Iran nuclear deal supply boost

Oil prices slipped on Tuesday as traders eyed the latest progress in last-ditch talks to revive the 2015 nuclear accord with Iran, which would clear the way to boost its crude exports in a tight market. ›

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  • August 8th, 2022

Oil Endures Choppy Start to Week With Demand Concerns in Focus

Oil swung between gains and losses in volatile summer trading as investors continue to weigh the potential hit to demand from an economic slowdown. ›

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  • August 5th, 2022

European Gas Set for Another Weekly Gain on Russia’s Supply Grip

European natural gas prices headed for a third weekly gain as persistent concerns over Russian supply heightens the risk of shortages. ›

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