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Industry News from Energy Services

  • November 7th, 2025

Oil headed for second weekly loss amid lingering supply concerns

Oil prices rose on Friday following three days of declines on worries about excess supply and slowing demand in the U.S., though prices are set for a second weekly loss. ›

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  • November 6th, 2025

Oil edges up as glut fears ease despite weak demand

Oil prices rose on Thursday as oversupply concerns eased, after closing at two-week lows in the prior session on weaker demand. ›

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  • November 4th, 2025

Oil slips on oversupply concerns after OPEC+ output plans

Oil prices slipped on Tuesday as investors read OPEC+’s decision to pause output hikes in the first quarter as a signal of oversupply in the market. ›

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