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Energy Services News

  • March 4th, 2022

Oil rebounds on escalating Ukraine conflict

Oil prices rebounded on Friday as fears of Western sanctions that could disrupt Russian oil exports outweighed the possibility of more Iranian supplies while reports of a nuclear plant fire in Ukraine spooked financial markets. ›

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  • March 3rd, 2022

Oil prices hit multi-year highs as U.S. sanctions target Russian refiners

U.S. sanctions targeting Russian refineries, disruptions to shipping and a fall in U.S. crude stocks to multi-year lows kept oil prices racing on Thursday as Brent charged towards $120 a barrel, its highest in almost a decade. ›

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  • March 2nd, 2022

Prices soar as Russian supply concerns mount

British and Dutch gas prices soared over 30% on Wednesday morning, driven by anxiety over the continued supply of Russian gas and possible sanctions in response to the invasion of Ukraine. ›

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  • March 2nd, 2022

Oil spikes as Russian supply concerns increase amid sanctions

Oil prices surged on Wednesday as supply disruption fears mounted following hefty sanctions on Russian banks amid the intensifying Ukraine conflict, while traders scrambled to seek alternative oil sources in an already tight market. ›

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  • March 1st, 2022

Oil prices jump as Ukraine conflict stokes supply concerns

Oil prices surged on Tuesday as concerns over potential supply disruptions after Russia’s invasion of Ukraine and related sanctions outweighing talks of a coordinated global crude stocks release. ›

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  • February 28th, 2022

Gas Prices rise amid Ukraine-Russia conflict, supply disruption fears

British and Dutch gas prices jumped on Monday morning amid escalating sanctions against Russia over its invasion of Ukraine and fears of supply disruption. ›

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  • February 28th, 2022

Oil soars as Russia puts nuclear forces on alert, bank sanctions bite

Oil prices jumped on Monday on escalating sanctions against Russia over its invasion of Ukraine, which in turn led President Vladimir Putin to put his country’s nuclear deterrent on high alert. ›

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  • February 25th, 2022

Prices tumble on hopes for westward Yamal-Europe pipeline flows

British and Dutch gas prices fell on Friday amid profit taking after sharp gains the previous day on the Russian invasion of Ukraine and as auction results showed flows might resume westward through Russia’s Yamal-Europe pipeline. ›

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  • February 25th, 2022

EUROPE GAS-Prices fall after sharp gains on Ukraine invasion

British and Dutch gas prices fell on Friday morning after sharp gains the previous day on the Russian invasion of Ukraine. ›

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  • February 25th, 2022

Oil prices surge as Russian invasion of Ukraine rings supply alarm bells

Oil prices jumped on Friday by nearly 3% on concerns of global supply disruptions from the impact of trade sanctions on major crude and fuel exporter Russia after it invaded Ukraine. ›

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