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Energy Services News

  • November 3rd, 2023

Europe Gas Swings as Market Weighs Supply Risks and Tepid Demand

European natural gas prices swung between small gains and losses, as the market took stock of abundant inventories and mild weather in the face of continuing supply risks. ›

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  • November 3rd, 2023

Oil Heads for Weekly Drop on New Demand Woes, War’s Containment

Oil headed for a second weekly loss after the risk premium from the Israel-Hamas vanished, bringing signs of soft demand to the fore. ›

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  • November 2nd, 2023

European Gas Fluctuates on Uncertainty Over Demand and War Risks

European natural gas futures swung between small gains and losses early Thursday amid lingering concerns about the Middle East conflict and relatively muted demand prospects for the region. ›

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  • November 2nd, 2023

Oil Advances With Broader Markets on Fed Interest-Rate Signal

Oil rose along with broader financial markets after the Federal Reserve hinted it might be done with raising interest rates, buoying a shaky demand outlook. ›

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  • October 31st, 2023

European Gas Falls as Mild Weather Counters Geopolitical Risks

European natural gas prices eased as traders weighed a mild weather outlook and high inventories against the potential impact of a widening of the war in the Middle East. ›

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  • October 31st, 2023

Oil Pushes Higher After Plunge With Mideast War, Demand in Focus

Oil edged higher after a steep drop spurred by signs that the Israel-Hamas war will remain contained while demand may be softening. ›

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  • October 30th, 2023

European Gas Prices Rise as Risks Mount for Egypt LNG Flows

European gas prices advanced after a halt in Egypt’s imports raised risks to the country’s liquefied natural gas flows, while the intensifying Israel-Hamas war added to concerns about a wider conflict.https://www.bloomberg.com/news/articles/2023-10-30/european-gas-prices-jump-after-egypt-says-imports-stopped

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  • October 30th, 2023

Oil falls over 3% as concerns about Mideast supply ease

HOUSTON, Oct 30 (Reuters) – Oil slipped more than 3% on Monday with U.S. crude oil futures falling more than $3 a barrel as fears eased about the Israel-Hamas war disrupting supply from the region and as investors grew cautious ahead of this week’s U.S. Federal Reserve meeting ›

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  • October 27th, 2023

Oil rises more than $1 on fears of spread of Middle East conflict

Oil prices rose by over $1 on Friday as reports that the U.S military struck Iranian targets in Syria raised concerns of a widening of the Israel-Hamas conflict that could impact supply from the key Middle East producing region. ›

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  • October 26th, 2023

Europe Gas Gains After Israel Confirms Plan for Ground Assault

European natural gas prices advanced on signs Israel will proceed with a ground invasion of Gaza, adding to concerns that the war could widen and disrupt energy supplies. ›

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