Energy Services
Client Login

01924 267406
Connect with us Follow us on Twitter Call us
Blog Header
Save Money


Save Time


More Information

Clear Analysis

More Control


Industry News from Energy Services

  • December 22nd, 2023

Oil extends weekly gains, up 1% as Red Sea tension persists

Oil prices rose as much as 1% on Friday as tensions persisted in the Middle East following Houthi attacks on ships in the Red Sea, although Angola’s decision to leave OPEC raised questions over the group’s effectiveness in supporting prices. ›

Read more
  • December 21st, 2023

Oil falls over demand concerns after U.S. inventory build

Oil prices fell on Thursday as concerns over low demand following a surprise U.S. crude inventory build outweighed jitters over global trade disruptions due to tensions in the Middle East. ›

Read more
  • December 20th, 2023

Oil inches higher as traders monitor Red Sea tensions

Oil rose slightly on Wednesday as investors kept an eye on the situation in the Red Sea after recent attacks by Iran-aligned Yemeni Houthi militants. ›

Read more
  • December 19th, 2023

Europe Set for Mild Weather in January After Warm December

Much of northwestern Europe is set for a warm start to 2024, with temperatures remaining close to or above seasonal norms through early January. ›

Read more
  • December 19th, 2023

Oil Holds Gains as Red Sea Attacks Cause Panic Among Shippers

Oil traded near its highest close in more than two weeks as more companies shun the Red Sea after a spike in vessel attacks along the key shipping conduit. ›

Read more
  • December 18th, 2023

Oil rises on Red Sea jitters, Russian export cut

Oil rose on Monday as attacks by the Houthis on ships in the Red Sea raised concerns of oil supply disruptions and Russia’s plan to lower exports in December provided additional support. ›

Read more
  • December 15th, 2023

Oil Set for First Weekly Gain Since October on Fed Relief Rally

Oil was poised to eke out its first weekly gain in almost two months after dovish signals from the Federal Reserve unleashed a bullish pulse across markets. ›

Read more
  • December 14th, 2023

Oil rises on U.S. inventory draw, dollar weakness

Oil prices rose on Thursday, extending the previous session’s gains, on a bigger-than-expected weekly withdrawal from U.S. crude storage and a weaker dollar after the U.S. central bank signalled lower borrowing costs for 2024. ›

Read more
  • December 13th, 2023

Funds Turn Bearish on European Gas as Winter Shortage Fears Fade

Hedge funds have turned bearish on European gas prices for the first time in four months, amid confidence that the region will get through another winter without much of the Russian supplies it once relied on. ›

Read more
  • December 13th, 2023

Oil prices hold near six-month lows

Oil prices edged up on Wednesday, but remained near the six-month lows reached in the previous session after a more than 3% drop, with investors concerned about oversupply and waning demand. ›

Read more

All Categories

News Archive