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Energy Services News

  • August 9th, 2024

European Gas Set for Weekly Jump on Ukraine Transit Risks

European natural gas prices are set for a weekly jump of nearly 10% as fears over possible disruptions to Russian fuel crossing Ukraine dominated the market. ›

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  • August 9th, 2024

Oil set for 3% weekly gain on easing recession concerns, rising Mideast tension

Oil prices edged up in Asian trading on Friday, heading for a weekly gain of more than 3% as U.S. jobs data calmed demand concerns and fears of a widening Middle East conflict persisted. ›

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  • August 8th, 2024

European Gas Gains as Ukraine Border Fighting Adds to Risks

European natural gas prices resumed gains, trading at the highest levels this year as market participants monitor the transit of Russian fuel across Ukraine. ›

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  • August 8th, 2024

Oil prices fall, set to snap two-session streak

Oil prices fell in choppy trade on Thursday, and looked set to snap a two-session streak during which they gained about 3% due to growing supply risks amid simmering tensions in the Middle East. ›

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  • August 7th, 2024

European Gas Rises to 2024 High on Ukraine Pipeline Concerns

European gas prices soared to the highest level this year following a report that Ukrainian troops seized the key gas-transit point of Sudzha. ›

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  • August 6th, 2024

Oil prices rebound 1% on concerns wider Mideast conflict may cut supply

Oil prices rebounded by 1% on Tuesday, paring the previous session’s loss, on supply concern amid an escalating Middle East conflict, stronger U.S. services sector data and a cut in production at Libya’s Sharara oilfield. ›

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  • August 5th, 2024

Europe Gas Falls With Broader Financial Markets on Demand Risks

European natural gas prices declined, following a selloff in oil and broader financial markets amid mounting concerns over the economy. ›

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  • August 5th, 2024

Oil prices drop 1% as US recession fears offset risks in Mideast

European natural gas prices declined, following a selloff in oil and broader financial markets amid mounting concerns over the economy. ›

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  • July 26th, 2024

European Gas Rises as Supply Risks Outweigh Disappointing Demand

European natural gas prices rose, signaling the market balance remains fragile even as demand for the fuel is persistently weak. ›

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  • July 26th, 2024

Oil set for third weekly decline, pressured by Gaza ceasefire hopes

Oil prices were little changed on Friday but on track for a third consecutive weekly decline, pressured by muted demand in China and expectations of a Gaza ceasefire deal that could ease Middle East tensions and accompanying supply concerns. ›

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