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Industry News from Energy Services

  • 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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  • March 5th, 2025

Oil Holds Losses as Signs of Tariff Relief Spark Uncertainty

Oil held losses after Commerce Secretary Howard Lutnick said the Trump administration could walk back some tariffs on Mexico and Canada, injecting more uncertainty into global markets. ›

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  • March 4th, 2025

Oil down on OPEC+ output increase, tariffs start and US pause on Ukraine aid

Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April and as markets braced for the start of U.S. tariffs on Canada, Mexico and China, as well as Beijing’s retaliatory tariffs. ›

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  • March 3rd, 2025

European Gas Prices Jump as Optimism Fades About Ukraine Talks

European natural gas jumped after US and Ukrainian leaders sparred on Friday, throwing into doubt recent efforts to reach a deal with Russia on ending the war. ›

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  • March 3rd, 2025

Oil Steadies as Traders Weigh Ukraine Outlook Ahead of Tariffs

Oil was steady at the start of the week as traders weighed the outlook for Russia’s war in Ukraine ahead of President Donald Trump’s tariffs on US trading partners, which will likely lead to retaliatory measures. ›

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  • February 28th, 2025

Europe Gas Ends Month With Biggest Loss in Year and Record Trade

European natural gas is ending February with the biggest decline in a year and record trading volumes as market players adjust their outlooks after a tumultuous month. ›

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  • February 28th, 2025

Oil set for first monthly drop since November on economic doubts

Oil prices eased on Friday as they headed for their first monthly drop since November, dragged lower by uncertainty over global economic growth and fuel demand given Washington’s tariff threats and signs of a U.S. economic slowdown. ›

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  • February 27th, 2025

Oil Holds Near Year’s Low With US Tariffs and Supplies in Focus

Oil steadied near the lowest close this year, with tariff threats from US President Donald Trump and supply issues in focus. ›

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  • February 26th, 2025

US Oil Steadies in the $60s as Dour Economic Sentiment Weighs

Oil in New York steadied after sinking back into the $60s-a-barrel range as a souring economic outlook threatened prospects for energy demand and spurred investors to shun risk assets including crude. ›

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