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Industry News from Energy Services

  • April 4th, 2025

Oil Market Gauges Show Looser Balances as OPEC+ Hikes Output

Key oil indicators are signaling looser balances ahead, after OPEC and its allies shocked the market with a dramatic early supply increase just as concerns over global demand become more acute. ›

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  • April 3rd, 2025

Oil Declines as Trump’s Wide-Ranging Tariffs Threaten Demand

Oil fell after US President Donald Trump rolled out stiff tariffs on major trading partners, including China and the European Union, that spared energy but ratcheted up a trade war that threatens global demand. ›

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  • April 2nd, 2025

European Gas Fluctuates as Traders Assess Supply Shifts, Weather

European natural gas prices held near €42 a megawatt-hour as traders weighed shifts in the region’s fuel supplies and the impact from a cool start to spring. ›

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  • April 2nd, 2025

Oil Rally Wavers as Focus Turns to Impending US Tariff Measures

Oil was little changed, pausing last month’s rally as traders position themselves for impending US tariff announcements. ›

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  • April 1st, 2025

Oil Holds Hefty Advance With Trump Sanctions, Tariffs in Focus

Oil steadied after jumping on Monday as President Donald Trump suggested that the US may work to curtail crude shipments from Russia, the world’s third-largest producer and a major exporter. ›

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