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Industry News from Energy Services

  • March 26th, 2025

Oil Gains as Industry Report Points to Big Drop in US Stockpiles

Oil edged higher after an industry report signaled a large decline in US crude stockpiles, while the market weighed the prospect of a Russia-Ukraine ceasefire in the Black Sea. ›

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  • March 25th, 2025

European Gas Eases as Traders Await Outcome of US-Russia Talks

European natural gas prices eased as traders await results of talks between US and Russian officials in Saudi Arabia, which lasted for about 12 hours. ›

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  • March 25th, 2025

Oil Holds Gains as Trump Vows Tariff on Venezuelan Crude Buyers

Oil held gains after US President Donald Trump threatened to punish any nation purchasing crude from Venezuela with a 25% tariff, raising the risk of supply disruptions. ›

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  • March 24th, 2025

Oil Steadies at Start of Week as Market Weighs Trump’s Tariffs

Oil was steady at the start of the week as traders weighed the fallout from more US tariffs and an upcoming boost in OPEC+ supply. ›

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  • March 21st, 2025

European Gas Jumps After Attack on Russia-Ukraine Transit Point

European natural gas prices jumped after an attack on a pumping station in Russia’s Kursk region, which formed part of an inactive link that until recently sent fuel to Europe. ›

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  • March 20th, 2025

Oil prices rise on strong demand outlook, weaker US dollar

Oil prices rose on Thursday, boosted by a strong outlook for demand in the United States after fuel inventories fell more than expected, and a weaker U.S. dollar. ›

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  • March 19th, 2025

Oil Drops for Second Day as Traders Look to Stockpiles, Tensions

Oil fell for a second day as an industry report showed a build in US crude stockpiles, and investors fretted about the impact from trade tensions as the Trump administration presses home its agenda. ›

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  • March 18th, 2025

Oil Gains for Third Day as Israeli Strikes Stoke Mideast Tension

Oil rose for a third day as escalating tensions in the Middle East overshadowed concerns about a potential global glut. ›

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  • March 17th, 2025

European Gas Prices Slip Ahead of Trump-Putin Talks on Ceasefire

European natural gas prices slipped as warming weather forecasts and planned talks between US President Donald Trump and Russian leader Vladimir Putin appeared to bolster prospects for the region’s supply balance. ›

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  • March 17th, 2025

Oil prices rise as US vows to keep attacking Houthis

Oil prices traded higher on Monday after the United States vowed to keep attacking Yemen’s Houthis until the Iran-aligned group ends its assaults on shipping. ›

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