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Industry News from Energy Services

  • June 24th, 2025

Oil tumbles about 5% after Israel agrees to Trump’s proposal on ceasefire

Oil prices hit their lowest in two weeks on Tuesday after Israel agreed to U.S. President Donald Trump’s proposal for a ceasefire with Iran, alleviating worries of supply disruptions in the Middle East – a major oil-producing region. ›

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  • June 23rd, 2025

Oil surges to five-month high after US hits Iran’s key nuclear sites

Oil prices jumped on Monday to their highest since January as the United States’ weekend move to join Israel in attacking Iran’s nuclear facilities stoked supply concerns. ›

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  • June 20th, 2025

Oil prices fall as US delays decision on direct Iran involvement

Oil prices fell on Friday after the White House delayed a decision on U.S. involvement in the Israel-Iran conflict, but remained on course for a third consecutive weekly rise. ›

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  • June 19th, 2025

Oil prices jump after Israel broadens attack on Iran’s nuclear sites

Oil prices surged on Thursday after Israel said it attacked Iranian nuclear sites in Natanz and Arak overnight and as investors grappled with fears of a broader conflict in the Middle East that could disrupt crude supplies. ›

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  • June 18th, 2025

European Gas Rises for Sixth Day With Hormuz Traffic in Focus

European natural gas prices extended gains for a sixth day, the longest streak in almost four weeks, as the conflict between Israel and Iran raises concerns over vessel traffic via the Strait of Hormuz, a key energy trade route. ›

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  • June 18th, 2025

Oil prices ease as Iran-Israel conflict enters sixth day

Oil prices eased in Asian trade on Wednesday, after a gain of 4% in the previous session, as markets weighed the chance of supply disruptions from the Iran-Israel conflict against a U.S. Federal Reserve rates decision that could impact oil demand. ›

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  • June 17th, 2025

Europe Gas Edges Higher as Israel-Iran Conflict Threatens Trade

European natural gas prices moved higher as traders braced for a potential escalation in the Israel-Iran conflict and risks for global energy supplies. ›

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  • June 17th, 2025

Oil rises as Iran-Israel conflict keeps floor under prices

Oil prices rose on Tuesday, with analysts saying that uncertainty would keep prices elevated, even as there were no concrete signs of any production losses stemming from the Iran-Israel conflict for now. ›

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  • June 16th, 2025

Crude markets volatile as Israel-Iran conflict escalates

Oil prices were volatile on Monday, after surging 7% on Friday, as renewed strikes by Israel and Iran over the weekend increased concerns that the conflict could widen across the Middle East and significantly disrupt oil exports from the region. ›

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  • June 16th, 2025

European Gas Prices Rise With Middle East Conflict Intensifying

European natural gas prices extended gains as fears of a wider war in the Middle East continued to dominate energy markets. ›

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