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Industry News from Energy Services

  • July 7th, 2025

European Natural Gas Prices Steady as US Tariff Deadline Nears

European natural gas prices steadied as traders eyed US President Donald Trump’s fast-approaching tariff deadline and the impact levies will have on global economic activity. ›

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  • July 7th, 2025

Oil falls as OPEC+ hikes August output more than expected

Oil prices slipped on Monday after OPEC+ surprised markets by hiking output more than expected in August, while uncertainty over U.S. tariffs and their potential impact on global economic growth weighed on demand expectations. ›

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  • July 4th, 2025

Oil falls as Iran affirms commitment to nuclear treaty

Oil futures fell on Friday after Iran reaffirmed its commitment to nuclear non-proliferation and amid expectations that major producers are set to agree to raise their output this weekend. ›

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  • July 3rd, 2025

Oil retreats as US tariff uncertainty looms, OPEC+ set to raise output

Oil prices fell on Thursday after gaining 3% in the previous session as investors are wary higher U.S. tariffs may be reinstated, which could cause lower fuel demand, and as major producers are expected to announce an output hike. ›

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  • July 2nd, 2025

Oil prices little changed as expectations for OPEC+ increase weigh

Oil futures were little changed on Wednesday as markets weighed expectations of more supply from major producers next month, a softer U.S. dollar and a mixed bag of economic and market indicators from the U.S., the world’s largest oil consumer. ›

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  • July 1st, 2025

Oil steady as investors watch OPEC+ decision

Oil prices steadied on Tuesday after sliding earlier in the session, with the market weighing expectations of an OPEC+ output hike in August in an upcoming meeting. ›

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