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Energy Services News

  • January 10th, 2022

EUROPE GAS-Prices mostly up on weather outlook, lower wind output

British and near-term Dutch wholesale gas prices rose on Monday morning on lower wind output and the weather outlook while some longer-term contracts were down on healthy LNG supply. ›

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  • January 10th, 2022

Oil prices edge up on Kazakhstan, Libyan supply worries

Oil prices edged up on Monday as supply disruptions in Kazakhstan and Libya offset worries stemming from the rapid global rise in Omicron infections. ›

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  • January 7th, 2022

EUROPE GAS-Prices mostly ease in volatile market amid healthy LNG supply

European and British wholesale gas prices mostly eased after an initially bullish start on Friday morning, as a steady stream of U.S. LNG arrivals continues to mitigate lower Russian gas flows. ›

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  • January 7th, 2022

Oil heads for best week since mid-Dec, Kazakhstan unrest stokes supply worries

Oil prices edged up on Friday, heading for their biggest weekly gains since mid-December, fuelled by supply worries amid escalating unrest in Kazakhstan and outages in Libya. ›

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  • January 6th, 2022

EUROPE GAS-Prices mixed on Russian flows, LNG supply and weather outlook

European and British wholesale gas prices were mixed on Thursday morning, with some near-term contracts up due to a cold snap and continued low supplies from Russia but others down due to robust LNG supply and next week’s weather outlook. ›

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  • January 6th, 2022

Oil slips from one-month high after U.S. fuel inventory surge

Oil prices lost ground on Thursday, falling from their highest levels in more than a month after U.S. fuel stockpiles surged amid declining demand. ›

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  • January 5th, 2022

European gas prices rise with Russian pipeline stuck in reverse

European gas prices rose on Wednesday as gas flowed eastwards for the 16th successive day along a pipeline that usually sends deliveries from Russia to Europe and political tensions remained high. ›

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  • January 5th, 2022

Oil steadies as investors weigh impact of Omicron surge

Oil prices steadied on Wednesday as investors assessed the impact of a massive spike in COVID-19 cases caused by the Omicron variant, though the upside remained limited after U.S. fuel inventories climbed. ›

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  • January 4th, 2022

Gas prices surge in Europe over tight Russian supplies

European gas prices soared more than 30% on Tuesday as low supplies from Russia reignited concerns about an energy crunch as the region heads for colder weather. ›

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  • January 4th, 2022

Oil prices dip ahead of OPEC+ output policy meeting

Oil prices surrendered earlier gains on Tuesday as investors embraced expectations that major oil producers will confirm a plan to add supply later on Tuesday amid diminishing concerns over the spread of the Omicron variant of COVID-19. ›

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