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Energy Services News

  • September 28th, 2021

Oil climbs for sixth day on supply concerns, Brent tops $80

Oil markets climbed for a sixth day on Tuesday, reversing earlier losses, on fears over tight supply while surging prices of liquefied natural gas (LNG) and coal also lent support. ›

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  • September 27th, 2021

EUROPE GAS-Prices mostly higher on winter concerns, energy complex gains

British and European wholesale gas prices were mostly higher on Monday on expected higher demand, concerns over winter supplies and gains in other energy markets. ›

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  • September 27th, 2021

Oil gains for fifth day amid supply constraints

Oil prices rose for a fifth straight day on Monday with Brent heading for $80 amid supply concerns as parts of the world sees demand pick up with the easing of pandemic conditions. ›

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  • September 24th, 2021

EUROPE GAS-Prices ease as Norwegian supplies ramp up

British and European wholesale gas prices fell for a third straight day on Friday morning as Norwegian gas flows ramped up, alleviating some concerns over tight supplies this winter. ›

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  • September 24th, 2021

Oil edges higher on supply concerns, China releases 4.43 mln barrels

Oil prices rose on Friday for a fourth straight day due to global supply concerns following powerful storms in the United States, with China’s first public sale of state crude reserves causing a momentary blip in the rise. ›

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  • September 23rd, 2021

Oil prices rise on tight supply, renewed risk appetite

Oil prices extended gains on Thursday, riding higher on growing fuel demand and a bigger-than-expected draw in U.S. crude inventories as production remains hampered in the Gulf of Mexico after two hurricanes. ›

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  • September 22nd, 2021

EUROPE GAS-Prices fall as wind power ramps up

British and European wholesale gas prices fell on Wednesday morning as expectations of higher output from wind farms curbed power plant demand for gas. ›

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  • September 22nd, 2021

Oil prices rise over $1 after report of big draw in U.S. crude stocks

Oil prices climbed more than $1 on Wednesday, extending overnight gains after industry data showed U.S. crude stocks fell more than expected last week in the wake of two hurricanes, highlighting tight supply as demand improves. ›

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  • September 21st, 2021

EUROPE GAS-Prices mixed in volatile trade, but bullish trend remains

European wholesale gas prices were volatile on Tuesday, with some contracts easing and others gaining, but the overall bullish picture ahead of the winter season remained intact. ›

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  • September 21st, 2021

Oil rises 1% as U.S. storm aftermath tightens supply

Oil prices rose on Tuesday as analysts pointed to signs of U.S. supply tightness, ending days of losses as global markets remain haunted by the potential impact on China’s economy of a crisis at heavily indebted property group China Evergrande. ›

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