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Industry News from Energy Services

  • July 21st, 2025

European Gas Prices Hold Near Two-Week Low Amid Ample Supply

European natural gas prices held near a two-week low as traders assessed an ample supply outlook after recent disruptions subsided. ›

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  • July 21st, 2025

Oil prices little changed as investors eye impact of new sanctions on Russia

Oil prices were little changed on Monday as traders assess the impact of new European sanctions on Russian oil supplies while they also worry about tariffs possibly weakening fuel demand as Middle East producers are raising output. ›

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  • July 18th, 2025

Oil rises after EU new sanctions on Russia, tight market supports

Oil prices rose on Friday after the European Union agreed to new sanctions against Russia, also underpinned by supply concerns following drone attacks on northern Iraqi oilfields and tight market fundamentals. ›

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  • July 17th, 2025

Oil up as demand expectations, economic data lift sentiment

Oil prices rose on Thursday, reversing declines in the previous three sessions, buoyed by stronger-than-expected economic data from the world’s top oil consumers and signs of easing trade tensions. ›

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  • July 16th, 2025

Oil prices gain on summer demand expectations despite wider economy woes

Oil prices rose on Wednesday, boosted by expectations of firm summer demand in the world’s two largest consumers, the United States and China, though gains were capped by analysts’ caution about the wider economy. ›

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  • July 15th, 2025

European Gas Edges Lower as Traders Assess Trump’s Russia Threat

European natural gas edged lower as traders digested US President Donald Trump’s threat to hit Russia with financial penalties if there’s no deal on peace in Ukraine. ›

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  • July 15th, 2025

Oil falls as Trump’s 50-day deadline for Russia eases supply fears

Oil prices fell on Tuesday after U.S. President Donald Trump’s lengthy 50-day deadline for Russia to end the Ukraine war and avoid sanctions eased immediate supply concerns. ›

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  • July 14th, 2025

European Gas Hovers Near Two-Week High as Asia Attracts Cargoes

European natural gas futures hovered near a two-week high, with traders watching demand from key buyers in Asia where extreme heat is boosting cooling needs. ›

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  • July 14th, 2025

Oil edges up, investors eye Trump statement on Russia

Oil prices nudged higher on Monday, adding to gains of more than 2% from Friday, as investors eyed further U.S. sanctions on Russia that may affect global supplies, but a ramp-up in Saudi output and ongoing tariff uncertainty limited gains. ›

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  • July 11th, 2025

Oil climbs on potential Russia sanctions; OPEC+ output, tariffs weigh

Oil prices rose on Friday after U.S. President Donald Trump said he would make an announcement regarding Russia, raising the prospect of more sanctions on the major oil producer, while tariff concern and rising OPEC+ output capped gains. ›

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