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Energy Services News

  • February 1st, 2022

EUROPE GAS-Prices fall on higher Russian and LNG flows and warmer weather

British and Dutch gas prices fell on Tuesday on higher flows from Russia, strong liquefied natural gas (LNG) supply and with forecasts for warmer weather expected to curb demand. ›

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  • February 1st, 2022

Oil eases on profit-taking, supply concerns check losses

Oil prices eased on Tuesday, giving up early gains as investors took profits, although expectations that supply will remain tight amid a limited output increase by major producers and a solid post-pandemic recovery in fuel demand checked losses. ›

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  • January 31st, 2022

EUROPE GAS-Prices fall on strong renewables output

British and Dutch gas prices fell on Monday as gas-for-power demand decreased due to stronger wind output and an outlook for higher temperatures. ›

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  • January 31st, 2022

Oil hovers near 7-year highs, headed for best month since Feb 2021

Oil rose more than 1% on Monday to the near 7-year highs hit in the previous session, while supply concerns and political tension in Eastern Europe and the Middle East put prices on track for their biggest monthly gain in almost a year. ›

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  • January 28th, 2022

EUROPE GAS-Prices firm on Norwegian field outage, Russian supply worries

British and Dutch gas prices firmed on Friday morning amid a drop in Norwegian supplies, lower Russian gas flows to Europe and persistent wider concerns about gas supplies in the event of sanctions if Russia invades Ukraine. ›

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  • January 28th, 2022

Oil heads for sixth weekly gain amid supply concerns

Oil prices rose on Friday, set for their sixth weekly gain, amid concerns of tight supplies as major producers continue their policy of limited output increases amid rising fuel demand. ›

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  • January 27th, 2022

Oil falls as looming U.S. rate hikes spook investors

Oil prices fell on Thursday as the U.S. dollar strengthened following signs that the Federal Reserve will tighten monetary policy soon in the world’s biggest oil user. ›

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  • January 26th, 2022

Oil prices edge up on Russia-Ukraine tension; Fed, EIA data eyed

Brent crude edged up on Wednesday as geopolitical tensions in Europe and the Middle East raised supply concerns while investors locked in profits ahead of updates from the U.S. Federal Reserve and U.S. oil inventory data. ›

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  • January 25th, 2022

Oil prices rebound as growing geopolitical tensions fuel supply fears

Oil prices bounced back on Tuesday, recovering some of the previous day’s losses, as growing tension in Eastern Europe and the Middle East fuelled concerns over possible supply disruptions. ›

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  • January 24th, 2022

EUROPE GAS-Prices rise on Russia-Ukraine conflict concerns

British and Dutch gas prices rose on Monday morning, buoyed by rising tensions over a possible Russian invasion of Ukraine. ›

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