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Energy Services News

  • October 19th, 2022

Oil prices rise as investors seek riskier assets and on China demand outlook

Oil prices climbed on Wednesday, paring losses from the previous session, as investors jumped into riskier assets such as commodities amid gains in broader equity markets and on signs of renewed demand from top oil importer China. ›

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  • October 18th, 2022

European Gas Declines as Mild Weather, Storage Ease Supply Fears

European natural gas extended its loss for a fourth straight session, as warmer-than-usual weather and high levels of storage temper concerns over winter supply shortages. ›

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  • October 18th, 2022

Oil prices rise on softer U.S. dollar, supply woes

Oil prices climbed on Tuesday, bolstered by a weaker U.S. dollar and supply woes, although gains were capped by the spectre of lower fuel demand from China as it persists with its stringent zero-COVID policy. ›

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  • October 17th, 2022

Gas: Prices mostly fall on possible over-supply

British and Dutch wholesale gas prices mostly fell on Monday as mild weather, full gas storage tanks and plentiful liquefied natural gas (LNG) tanker arrivals are curbing short-term supply concerns. ›

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  • October 17th, 2022

Oil climbs on China’s fuel demand recovery hopes

Oil prices rose on Monday after China rolled over liquidity measures to help its pandemic-hit economy, igniting hopes for a better fuel demand outlook from the world’s top crude importer. ›

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  • October 14th, 2022

Europe Gas Poised for Weekly Loss as Nations Fill Up Stocks

Natural gas prices headed for a weekly loss as countries ramp up stockpiles that will work as a buffer to help see Europe through the winter, even if Russia cuts further supplies. ›

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  • October 14th, 2022

Oil inches up on weaker dollar, low U.S. diesel stocks

Oil prices reversed earlier losses and inched up in Asian trade on Friday, supported by a weaker U.S. dollar and falling diesel inventories, while Saudi Arabia and Washington continued to clash over plans by OPEC+ to slash production. ›

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  • October 13th, 2022

Europe Gas Jumps as Worries Over Norway Flows Add to Russia Risk

European natural gas jumped as worries over major facilities in Norway added to supply risks from Russia. ›

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  • October 12th, 2022

Europe Gas Swings as Russian War Risk Counters Higher Stockpiles

European natural gas prices fluctuated as fears that Russia’s escalating war in Ukraine could hit supplies countered steadily building stockpiles in the continent. ›

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  • October 12th, 2022

Oil prices extend decline on recession fears, China COVID curbs

Oil prices fell for a third straight session on Wednesday as investors fretted about a hit to fuel demand from growing risks of a global recession and tightening COVID-19 curbs in China. ›

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