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Latest News from Energy Services

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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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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