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Energy Services News

  • March 14th, 2022

Oil falls on talks to end Ukraine war and ahead of Fed meeting

Oil prices shed as much as $4 a barrel on Monday, extending last week’s decline as diplomatic efforts to end the war in Ukraine geared up and markets braced for higher U.S. interest rates. ›

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  • March 11th, 2022

Prices mixed in volatile trading as Russian gas keeps flowing

British and Dutch gas prices posted losses early on Friday morning amid stable gas flows from Russia, but some contracts have reversed direction as trading remained volatile. ›

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  • March 11th, 2022

Oil firms amid supply worries, but heads for sharp weekly decline

Oil prices rose on Friday but were on track for their biggest weekly declines since November after see-sawing on fears of escalating bans on Russian oil versus efforts to bring more supply to market from other major producers. ›

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  • March 10th, 2022

Oil jittery as market weighs OPEC filling Russia supply gap

Oil prices rose on Thursday in volatile trade following a sharp drop in the previous session as the market contemplated whether major producers would boost supply to help plug the gap in output from Russia due to sanctions for its invasion of Ukraine. ›

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  • March 9th, 2022

Oil firms as Russian crude struggles to find buyers

Oil prices firmed on Wednesday over fears of a potential supply shock as the United States banned Russian oil imports, and amid signs that some buyers are already shunning them. ›

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  • March 8th, 2022

Oil rises as fears of Russian oil sanctions spur supply concerns

Oil prices rose on Tuesday, with Brent surging past $126 a barrel, as fears of formal sanctions against Russian oil and fuel exports spurred concerns about supply availability. ›

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  • March 7th, 2022

Prices hit all-time highs on possible sanctions to Russian energy sector

British and Dutch gas prices hit new record highs on Monday after Washington at the weekend said the United States and European allies are exploring banning imports of Russian oil. ›

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  • March 7th, 2022

Oil spikes to 2008 highs as U.S., Europe mull Russian oil import ban

Brent crude soared near $130 a barrel on Monday, its highest since 2008, as the United States and European allies mull a Russian oil import ban and delays in the potential return of Iranian crude to global markets fuelled tight supply fears. ›

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  • March 4th, 2022

Prices jump to record highs on Russian supply fears

British and Dutch gas prices soared on Friday, with some contracts hitting all-time highs, as market participants continued to fear disruptions to Russian gas supplies to Europe in light of the war in Ukraine. ›

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  • March 4th, 2022

Prices rise in highly market volatile on Russian supply fears

British and Dutch gas prices rose on Friday in a highly volatile market, driven by a cool weather outlook and continued uncertainty over Russian gas supplies to Europe in light of the war in Ukraine. ›

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