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

  • May 31st, 2024

Oil slips after Fed signals no rush to cut rates as key US inflation data awaited

May 31 (Reuters) – Oil prices fell in Asia on Friday as comments from a Federal Reserve official bolstered expectations of rates staying higher for longer, a view that will be tested later in the day with a keenly-awaited U.S. inflation report ›

Read more
  • May 30th, 2024

Traders Are Bracing for a Record-Smashing Summer That Will Roil Commodities

Around the world, people are already living through the havoc brought on by global temperatures that are breaking records. It’s about to get a lot worse. ›

Read more
  • May 30th, 2024

Oil dips on concerns about demand, U.S stockpiles data awaited

SINGAPORE, May 30 (Reuters) – Oil prices eased on Thursday after resilient U.S. economic activity pointed to borrowing costs staying higher for longer in a potential blow to demand. ›

Read more
  • May 29th, 2024

Central European countries amp up pressure on EU over German gas tariff

BRUSSELS, May 29 (Reuters) – Four central European countries have stepped up pressure on Brussels to act against Germany over a gas tariff they say undermines their energy security, a document seen by Reuters showed. ›

Read more
  • May 29th, 2024

Oil advances as major producers expected to keep output cuts in place

NEW DELHI, May 29 (Reuters) – Oil prices rose in Asian trading on Wednesday on expectations major producers will maintain output cuts at a meeting this Sunday, and that fuel consumption should begin rising with the start of the peak summer demand season. ›

Read more
  • May 28th, 2024

Oil steadies as OPEC+ restraint balances interest rate concerns

LONDON, May 28 (Reuters) – Global oil prices steadied on Tuesday as the prospect of OPEC+ maintaining oil supply curbs at its June 2 meeting and hopes of strong U.S. summer fuel demand balanced concern about higher-for-longer U.S. interest rates. ›

Read more
  • May 24th, 2024

Oil steady as investors weigh U.S. rate fears, firmer seasonal demand

SINGAPORE, May 24 (Reuters) – Oil prices were stable on Friday as investors considered the latest comments from the U.S. Federal Reserve on interest rates amid sticky inflation, while signs of firming seasonal U.S. fuel demand lent support. ›
Read more
  • May 24th, 2024

Equinor to boost Troll gas output with $1.1 bln investment

Equinor and its partners in the North Sea Troll gas field, Europe’s largest, will invest 12 billion Norwegian crowns ($1.13 billion) to further boost production, the Norwegian energy company said on Friday. ›

Read more
  • May 23rd, 2024

Oil prices fall for fourth straight day as US rate hike prospects emerge

Oil prices eased for a fourth straight session on Thursday after the minutes of a U.S. Federal Reserve meeting revealed discussions of a further tightening of interest rates if inflation remained sticky, a move that could hurt oil demand.

Read more
  • May 22nd, 2024

Oil slips for third session on likely ‘higher for longer’ US rates

Oil prices fell for a third straight session on Wednesday on expectations the Federal Reserve might keep U.S. interest rates higher for longer due to sustained inflation, potentially impacting fuel use in the world’s largest oil consumer. ›

Read more

All Categories

News Archive