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Energy Services News

  • October 7th, 2021

Oil falls for 2nd session on unexpected rise in U.S. inventories

Oil prices dropped for a second session on Thursday, under pressure from an unexpected rise in U.S. crude stocks that raised concerns over demand after prices rallied to multi-year highs. ›

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  • October 6th, 2021

EUROPE GAS-Prices extend record highs on energy rally, low wind, cold

Dutch and British wholesale gas prices extended record highs on Wednesday morning, in line with rallying energy markets, and as forecasts of lower wind and cooler weather lift demand and  supply remains scarce. ›

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  • October 6th, 2021

U.S. oil rises to highest since 2014 amid global energy crunch

U.S. oil prices rose for a fifth day on Wednesday to their highest since 2014 amid global concerns about energy supply on signs of tightness in crude, natural gas and coal markets. ›

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  • October 5th, 2021

EUROPE GAS-Prices break 100 euros for first time amid energy price surge

Dutch wholesale gas prices broke the 100 euro level for the first time on Tuesday morning amid wider energy market price hikes, supply concerns, low colder weather forecasts and a cut in French nuclear generation due to a strike. ›

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  • October 5th, 2021

Oil holds near 3-year highs after OPEC+ keep tight control of taps

Brent crude oil futures stuck near three-year highs on Tuesday, with U.S. benchmark crude close to 2014 peaks, after the OPEC+ supplier group decided to stick to a gradual output increase plan rather than fully opening the taps. ›

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  • October 4th, 2021

Oil falls ahead of OPEC+ supply policy meeting

Oil fell on Monday ahead of a meeting by OPEC and its allies which may determine whether a recent rally in prices amid supply shocks and a recovery from the COVID-19 pandemic will be sustained. ›

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  • October 1st, 2021

Oil slips as OPEC+ considers boosting output in tight market

Oil prices dropped on Friday on the prospect that the OPEC+ supplier alliance might step up a planned increase in output to ease supply concerns, with soaring gas prices spurring power producers to switch from gas to oil. ›

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  • September 30th, 2021

Oil mixed after U.S. inventories post surprise gain

Oil prices were mixed on Thursday as selling prompted by an unexpected rise in U.S. inventories eased, with analysts predicting supply may not keep up with a recovery in demand. ›

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  • September 29th, 2021

EUROPE GAS-Prices rise on forecasts of lower Russian exports, cold weather

British and European wholesale gas prices rose on Wednesday on expectations for lower supplies from Russia and forecasts of cold weather in coming days. ›

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  • September 29th, 2021

Oil drops a second day after rally peters out

Oil prices fell on Wednesday after U.S. crude inventories unexpectedly rose as doubts over demand resurfaced, with COVID-19 cases continuing to increase worldwide and some regions facing gasoline shortages. ›

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