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Industry News from Energy Services

  • December 15th, 2022

Hunt looks at prolonging energy aid for all companies

Plans under consideration would break with previous policy by maintaining universal support — but at a lower level ›

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  • December 14th, 2022

European Gas Prices Fall as Cold Blast Forecast to Break in Days

European natural gas prices declined as temperatures are forecast to return to more normal levels within the next few days. ›

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  • December 14th, 2022

Oil slips as U.S. crude stock build stirs doubts on demand

SINGAPORE, Dec 14 (Reuters) – Oil prices fell on Wednesday after industry data showed a surprise build in U.S. crude inventories against analysts’ forecast of a decline, reinforcing fears about weakening demand even as supply tightens. ›

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  • December 13th, 2022

Oil climbs as U.S. pipeline closure adds to supply uncertainty

Oil extended gains on Tuesday as a key pipeline bringing supply to the United States remained shut, adding to concerns about potential tightness in the world’s biggest crude consumer. ›

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  • December 12th, 2022

Oil resumes slide as weak economy outweighs supply risks

Oil prices fell on Monday, deepening a multi-week decline, as a weakening global economy offset supply woes stemming from the closure of a key pipeline supplying the United States and Russian threats of a production cut. ›

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  • December 9th, 2022

Eastward Yamal-Europe gas flows rise, flows via Ukraine stable

Eastbound gas flows rose slightly on the Yamal-Europe pipeline to Poland from Germany, while flows of Russian gas through Ukraine into Slovakia were stable, pipeline operator data showed ›

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  • December 9th, 2022

Oil bounces on pipeline shutdown, but heads for weekly loss on demand woes

Oil prices bounced higher on Friday as closure of a major Canada-to-U.S. crude pipeline disrupted supplies, but both benchmarks were headed for a weekly loss on worries over slowing global demand growth. ›

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  • December 8th, 2022

European Natural Gas Prices Surge as Winter Blast Stokes Demand

European natural gas prices jumped for a third session as a blast of unusually cold weather across the northern half of the continent tests its resilience to a historic energy crisis. ›

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  • December 8th, 2022

Oil rebounds on optimism over China’s revamp of COVID protocols

Oil prices rebounded on Thursday amid optimism over China’s easing of anti-COVID measures, recouping losses after slumping to the lowest levels so far this year in the previous session. ›

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  • December 7th, 2022

Europe Gas Prices Swing as Cold Weather Raises Demand Risks

European natural gas prices fluctuated as colder-than-average weather spreads across Europe and sparks jitters over demand. ›

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