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Energy Services News

  • 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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  • October 26th, 2023

Oil falls after U.S. stockpiles climb, Middle East tensions in focus

Oil prices fell on Thursday after a rise in U.S. crude stockpiles and a climb in the dollar index, giving up some ground gained a day earlier when prices jumped on Middle East tensions. ›

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  • October 25th, 2023

Oil dips as economic concerns offset Middle East supply worries

Oil fell for a fourth day on Wednesday as concerns about slowing European demand offset worries about Middle East supply disruptions stemming from the Israel-Hamas conflict in Gaza. ›

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  • October 24th, 2023

Oil prices regain some ground on Israel-Hamas war uncertainty

Oil prices rose on Tuesday, recovering some of the previous day’s losses, as investors remained nervous that the Israel-Hamas war could escalate into a wider conflict in the oil-exporting region, causing potential supply disruptions. ›

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