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Energy Services News

  • December 13th, 2021

Oil gains as investors see limited Omicron impact on demand

Oil prices extended their rally on Monday as investor appetite improved amid growing relief the Omicron coronavirus variant may not cause severe illness and will likely have a limited impact on global fuel demand. ›

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  • December 10th, 2021

Oil prices edge lower, tracking biggest weekly gain since late Aug

Oil prices dipped on Friday, but were still on track to their biggest weekly gain since late August, as the easing concerns over the Omicron coronavirus variant on global growth and fuel demand drove market sentiment. ›

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  • December 9th, 2021

EUROPE GAS-Prices fall as Norwegian flows jump, demand set to drop

European and British wholesale gas prices fell on Thursday following a sharp rise in flows from Norway after the end of an outage at the Troll field and an expected drop in demand amid milder weather. ›

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  • December 9th, 2021

Oil adds to gains as worries over Omicron ease

Oil prices rose on Thursday, extending gains into a fourth session on positive comments from vaccine makers about their efficacy against the Omicron variant, even as some governments stepped up curbs to stop its rapid spread. ›

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  • December 8th, 2021

EUROPE GAS-Prices move upward on supply concerns, lower Norwegian exports

European and British wholesale gas prices rose on Wednesday morning on concerns over supply with low stock levels and as outages in Norway curbed exports. ›

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  • December 8th, 2021

Oil prices ease as investors wait for more on Omicron’s potential impact

Oil prices eased on Wednesday, taking a breather after gains earlier this week, as investors waited for more information on to what extent the Omicron coronavirus variant will likely hurt the global economy and fuel demand. ›

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  • December 7th, 2021

EUROPE GAS-Prices rise on cooler temperatures, supply fears

European and British wholesale gas prices rose on Tuesday morning with cooler temperatures and concerns over winter supply buoying the market. ›

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  • December 7th, 2021

Oil prices climb over $1/bbl as Omicron fears ease, Iran delay

Oil prices extended gains on Tuesday from a near 5% rebound the day before as concerns about the impact of the Omicron coronavirus variant on global fuel demand eased while Iran nuclear talks stalled, delaying the return of Iranian crude. ›

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  • December 6th, 2021

EUROPE GAS-Prices continue downward trend on mild weather forecast

European and British wholesale gas prices continued their downward trend on Monday morning on milder weather forecasts, lower demand for heating and high Liquefied Natural Gas (LNG) send out. ›

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  • December 6th, 2021

Oil rebounds by more than $1 after Saudi price hike

Oil prices rose by more than $1 a barrel on Monday after top exporter Saudi Arabia raised prices for its crude sold to Asia and the United States, and as indirect U.S.-Iran talks on reviving a nuclear deal appeared to hit an impasse. ›

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