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Industry News from Energy Services

  • October 2nd, 2025

Oil rises on Russia sanctions fears; oversupply worries cap gains

Oil prices rose on Thursday following losses in the previous three sessions as the potential for tighter sanctions on Russian crude lent some support, though concerns about oversupply in the market capped gains. ›

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  • October 1st, 2025

Oil pauses as markets assess OPEC+ plans, demand concerns

Oil prices steadied on Wednesday after falling for two days as investors weighed OPEC+ plans for a larger output hike next month while data from the U.S. and Asia showed signs of demand waning. ›

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