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Energy Services News

  • May 8th, 2025

Oil Edges Higher as Trump Signals Announcement on Trade Deal

Oil rose after Donald Trump flagged a Thursday announcement on a trade deal, which is expected to be with the UK, as the US president faces political pressure following tariffs that rattled global markets. ›

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  • May 7th, 2025

Oil Extends Gain With US and Chinese Officials Set to Talk Trade

Oil pushed higher after rallying more than 3% in the previous session as the US and China agreed to start trade negotiations, raising optimism that tensions between the world’s two biggest economies may ease. ›

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  • May 6th, 2025

European Gas Prices Rise on Concerns Over Global LNG Competition

European natural gas prices edged higher as some firms in Asia ramp up LNG purchases and seasonal maintenance tightens the market. ›

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  • May 6th, 2025

Oil Gains From Four-Year Low as Technicals Hint Slide Overdone

Oil climbed from the lowest close in four years after a technical measure signaled the recent slump was overdone. ›

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  • May 2nd, 2025

European Gas Rises as Potential for US-China Talks Lifts Markets

European natural gas resumed gains after China said it’s evaluating possible trade talks with the US, driving a broader market rally. ›

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  • May 2nd, 2025

Oil Climbs as Traders Parse Trade-War Signals Before OPEC+ Meets

Oil rose, paring a steep weekly loss, as traders weighed the possibility of US-China trade talks and a fresh sanctions threat against Iranian flows against a potential supply hike from OPEC+. ›

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  • May 1st, 2025

Oil Holds April’s Slump as Saudis Signal Increased OPEC+ Supply

Oil was little changed after the biggest monthly drop since 2021, as signs that the Saudi-led OPEC+ alliance may be entering a prolonged period of higher output added to concerns the trade war will hurt demand. ›

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  • April 30th, 2025

Oil Set for Historic April Selloff as Trade War Darkens Outlook

Oil headed for its biggest, full-month loss for April on signs the US-led trade war is hurting economic growth and energy demand at a time when the OPEC+ alliance has been loosening supply curbs. ›

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  • April 29th, 2025

Oil Extends Drop as Trump’s Trade War Pummels Outlook for Demand

Oil extended a drop as the global trade war hurt the outlook for demand, with data pointing to signs of strain in the US economy and China stepping up its pushback against the Trump administration’s tariffs. ›

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  • April 28th, 2025

Oil Gains Ground With Trade War and China’s Outlook to the Fore

Oil climbed after a volatile week as traders parsed the latest signals in the trade war, including China’s efforts to support its tariff-hit economy, and weighed geopolitical developments in Iran. ›

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