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Energy Services News

  • November 18th, 2022

Oil heads for second weekly decline as demand concerns weigh

Oil gave up early gains on Friday and was on track for a second weekly decline, pressured by concern about weakening demand in China and further interest rate rises by the U.S. Federal Reserve. ›

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  • November 17th, 2022

European Gas Prices Drop As Weather Predicted to Turn Warmer

Natural gas prices in Europe extended losses on Thursday as weather forecasts pointed to warmer temperatures, signaling that the start of the region’s heating season could be pushed out further. ›

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  • November 17th, 2022

Oil falls on easing geopolitical tensions, China demand worries

Oil prices extended declines on Thursday as concerns over geopolitical tensions eased, while rising numbers of COVID-19 cases in China added to demand worries in the world’s largest crude importer. ›

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  • November 16th, 2022

Oil prices ease as China COVID concerns outweigh supply woes

Oil prices slid on Wednesday as COVID-19 cases in China continued to climb, sparking worries of lower fuel demand in the world’s top crude importer that outweighed concerns about an escalation of geopolitical tensions and tighter oil supply. ›

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  • November 15th, 2022

Europe Gas Prices Jump as Major US LNG Plant Set to Stay Offline

Natural gas prices in Europe advanced amid concerns about LNG imports from a key US facility and the first signs of cold weather. ›

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  • November 15th, 2022

Oil prices little changed amid China COVID concerns, supply woes

Oil prices held steady on Tuesday as rising COVID-19 cases in China sparked fears of lower fuel consumption from the world’s top crude importer and a cut in OPEC’s 2022 global demand forecast offset worries about tight supply. ›

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  • November 14th, 2022

European Gas Rebounds With Focus on Weather, Supply Risks

European natural gas prices rose, rebounding from a slump last week, as temperatures are set to turn colder in parts of the continent after a period of abnormal warmth. ›

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  • November 14th, 2022

Oil reverses gains, falls on China COVID surge, firmer dollar

Oil prices pared earlier gains and fell on Monday, dragged down by a firmer U.S. dollar and record high coronavirus cases in major Chinese cities that dashed hopes of the reopening of the economy of the world’s biggest crude importer. ›

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  • November 11th, 2022

Gas: Prices fall on mild weather outlook and strong LNG

British and Dutch wholesale prompt gas prices fell on Friday, with liquefied natural gas tanker arrivals strong and mild weather forecasts for next month. ›

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  • November 11th, 2022

Oil jumps by over 2% as China eases COVID curbs

Oil prices jumped more than 2% on Friday after health authorities in China, the top global crude importer, eased some of the country’s heavy COVID curbs. ›

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