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Industry News from Energy Services

  • June 6th, 2025

Oil prices headed for rebound this week as US-China trade talks resume

Oil prices slipped on Friday but were on track for their first weekly gain in three weeks after U.S. President Donald Trump and Chinese leader Xi Jinping resumed trade talks, raising hopes for growth and stronger demand in the world’s two largest economies. ›

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  • June 5th, 2025

Oil slips on US stockpile build, Saudi Arabia price cuts

Oil edged lower on Thursday after a build in U.S. gasoline and diesel inventories and cuts to Saudi Arabia’s July prices for Asian crude buyers, with global economic uncertainty weighing on prices as well. ›

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  • June 5th, 2025

European Gas Edges Higher as Norwegian Maintenance Curbs Flows

European natural gas prices rose as flows from top supplier Norway plunged amid a fresh bout of planned maintenance. ›

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  • June 4th, 2025

Oil Steadies With Focus on Canada Wildfires, US Crude Stockpiles

Oil steadied after a two-day gain as rains slowed the growth of some blazes which had disrupted Canadian crude production. ›

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  • June 3rd, 2025

Oil Extends Gains on Weaker Dollar, Geopolitical Uncertainty

Oil rose for a second day as a weakener dollar boosted the appeal of commodities priced in the currency and geopolitical ructions limited the chance of more supply from Russia and Iran. ›

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  • June 2nd, 2025

Oil Advances as OPEC+ Supply Boost Vies With Geopolitical Risk

Oil advanced as OPEC+ hiked production less than some had feared and geopolitical concerns flared over Ukraine and Iran. ›

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