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Energy Services News

  • November 28th, 2022

Oil prices slide as China’s COVID protests spark demand worries

Oil prices slumped on Monday as street protests against strict COVID-19 curbs in China, the world’s biggest crude importer stoked concern about the outlook for fuel demand. ›

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  • November 25th, 2022

European Gas Heads for Weekly Gain as Colder Weather Approaches

Natural gas prices in Europe headed for a weekly gain as low winter temperatures risk pushing households to turn on heaters. ›

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  • November 25th, 2022

Oil up as markets weigh China demand concerns, Russia price cap uncertainty

Oil prices rose in Asia on Friday, despite thin market liquidity, after a week marked by worries about Chinese demand and haggling over a Western price cap on Russian oil. ›

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  • November 24th, 2022

Europe Gas Swings as Cold Weather Counters Effort to Tame Crisis

European natural gas prices fluctuated as lower temperatures bring the prospects of a tighter market even as politicians gather to hammer out measures to ease the energy crisis. ›

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  • November 24th, 2022

Oil drops as Russian price cap proposal eases concerns about tight supply

Oil declined on Thursday, hovering around two-month lows, as the Group of Seven(G7) nations’ proposed range for a price cap on Russian oil was higher than current trading levels, alleviating concerns over tight supply. ›

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  • November 23rd, 2022

Oil prices edge higher as large U.S. crude stock drop outweighs China demand worries

Oil prices inched higher on Wednesday as data showing a larger-than-expected U.S. crude drawdown last week outweighed concerns about lower fuel demand from China amid tightening COVID-19 curbs. ›

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  • November 22nd, 2022

Oil prices steady amid China demand worries, dollar retreat

Oil prices were little changed on Tuesday as global recession worries and concerns about China’s rising COVID-19 case numbers denting demand from the world’s top crude oil importer were offset by the positive impact of a retreat in the U.S. dollar. ›

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  • November 21st, 2022

Gas: Prices mixed on diverging weather, supply picture

British prompt gas prices fell on Monday morning amid increased supply from Norway and downward demand revisions, but further out contracts rose both in Britain and the continent. ›

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  • November 21st, 2022

Oil prices ease to trade near 2-month lows on China demand fears, dollar strength

Oil prices dropped to trade near two-month lows on Monday, having earlier slid by around $1 a barrel, as supply fears receded while concerns over fuel demand from China and U.S. dollar strength weighed on prices. ›

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  • November 18th, 2022

European Gas Heads For Weekly Gain Amid Looming Cold Snap

Natural gas prices in Europe headed for a weekly gain, with traders keeping a close eye on how demand will react as a brief cold snap hits most of Europe over the weekend. ›

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