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Energy Services News

  • February 9th, 2022

Oil prices fall on profit-taking, despite API data surprise

Oil prices slipped for a third session on Wednesday on profit taking due to concerns of a possible rise in supplies from Iran despite industry data showing a surprised drop in U.S. oil inventories. ›

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  • February 8th, 2022

EUROPE GAS-Price rise on French nuclear output forecast cuts

British and Dutch gas prices strengthened on Tuesday morning after France’s EDF lowered its nuclear output expectations, which could lift gas-for-power demand. ›

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  • February 8th, 2022

Oil slips from 7-year highs ahead of more U.S.-Iran talks

Oil prices eased on Tuesday ahead of the resumption of indirect talks between the United States and Iran which may revive a nuclear deal that could lead to the removal of sanctions on Iranian oil sales, increasing global supplies. ›

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  • February 7th, 2022

EUROPE GAS-Price dip as mild temperatures curb demand

British and Dutch gas prices fell on Monday morning with milder than previously expected temperatures curbing demand for gas. ›

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  • February 7th, 2022

Oil fluctuates as market focuses on tight supply, U.S.-Iran talks

Oil prices bounced around on Monday in see-saw trading, with some investors taking profits after signs of progress in the U.S.-Iran nuclear talks while others kept bullish sentiment bolstered by rising consumption amid ongoing supply constraints. ›

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  • February 4th, 2022

EUROPE GAS-Price firm on lower Russian flows, colder outlook

British and Dutch gas prices rose on Friday morning, as delivieres of Russian gas ebbed and forecasts showed colder weather ahead. ›

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  • February 4th, 2022

Oil extends gains above $90/bbl as winter storm sweeps through United States

Oil prices climbed on Friday, extending sharp gains in the previous session as frigid weather swept across large swathes of the United States, threatening to further disrupt oil supplies. ›

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  • February 3rd, 2022

EUROPE GAS-Prices mixed amid strong LNG, UKraine-Russia tensions

British and Dutch gas prices were mixed on Thursday morning, with traders watching how tensions between Russia and the West over Ukraine unfold amid strong flows of liquefied natural gas (LNG). ›

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  • February 3rd, 2022

Oil prices take a breather, OPEC+ sticks to output plans

Oil prices eased on Thursday following weak U.S. payrolls data and some profit-taking, but remained underpinned by tight supply as OPEC+ producers stuck to planned moderate output increases. ›

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  • February 2nd, 2022

Oil climbs toward 7-year highs on U.S. stock draw, eyes on OPEC+ move

Oil prices climbed on Wednesday toward last week’s seven-year highs as a draw in U.S. crude stocks confirmed strong demand and tightsupplies, but investors remained cautious ahead of an OPEC+ meeting later in the day. ›

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