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Industry News from Energy Services

  • 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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  • March 14th, 2025

Oil Rises as US Sanctions on Iran, Russia Offset Bleak Outlook

Oil advanced as the US tightened sanctions against Iran and Russia, countering some of the slump triggered by a dour demand forecast from the International Energy Agency on Thursday. ›

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  • March 13th, 2025

Oil dips amid economic concerns, despite firm demand expectations

Oil prices edged down on Thursday after a surge in the previous session on a larger than expected draw in U.S. gasoline stocks, as markets weighed prevailing macroeconomic concerns against firm near-term demand expectations. ›

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  • March 12th, 2025

Oil up on weak dollar but tariff concerns cap gains

Oil prices edged up on Wednesday, buoyed by a weaker dollar, but mounting fears of a U.S. economic slowdown and the impact of tariffs on global economic growth capped gains. ›

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  • March 11th, 2025

Oil prices inch up despite tariff concerns, slowdown fears

Oil prices pared earlier losses to inch up during trade on Tuesday, despite concerns over a potential U.S. recession, the impact of tariffs on global growth and as OPEC+ sets its sight on ramping up supply. ›

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  • March 10th, 2025

Oil prices slip as tariff uncertainty keeps investors on edge

Oil prices fell on Monday as concern about the impact of U.S. import tariffs on global economic growth and fuel demand, as well as rising output from OPEC+ producers, cooled investor appetite for riskier assets. ›

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  • March 7th, 2025

Europe Gas Drops to Five-Month Low as US Presses for Quick Truce

European natural gas prices extended their dramatic decline, tumbling to the lowest level since late September as the US presses for a quick ceasefire to accompany a minerals deal with Ukraine. ›

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  • March 7th, 2025

Oil set for biggest weekly drop since October on tariff uncertainty, supply gains

Oil prices gained on Friday but were set for their biggest weekly decline since October as the uncertainty around U.S. tariff policy is creating concerns about demand growth at the same time major producers are set to increase output. ›

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  • March 6th, 2025

Europe’s Volatile Seasonal Gas Spread Keeps Traders Alert

Sharp fluctuations in a spread between European summer and winter gas contracts have made it one of the hottest instruments to trade as officials debate how to fill fuel reserves for the next heating season. ›

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  • March 6th, 2025

Oil climbs from multi-year low, tariff concerns and rising supply weigh

Oil prices rose on Thursday after heavy sell-offs drove the market to a multi-year low, however tariff uncertainties and a rising supply outlook capped gains. ›

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