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Energy Services News

  • February 21st, 2025

Oil heads for weekly gain amid supply jitters, improving demand

Oil prices edged down on Friday but were still poised for a weekly rise on concerns over supply disruptions in Russia and an improving outlook for demand in the United States and China. ›

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  • February 20th, 2025

Oil Holds Gain With Focus on US Stockpiles, Supply Uncertainty

Oil steadied after a string of small gains as an industry report flagged another build in US crude stockpiles, as uncertainty over global supplies lingered. ›

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  • February 18th, 2025

Oil Holds Advance With OPEC+ Mulling Delay to Production Hike

Oil steadied after an advance as OPEC+ delegates said the group was considering delaying restoring output, and Ukrainian drones attacked a crude-pumping station in Russia. ›

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  • February 17th, 2025

European Gas Prices Hold Near €50 With Supply Fears Easing

European natural gas prices held near the lowest level in three weeks as sentiment eases after a rocky start to 2025. ›

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  • February 17th, 2025

Oil Holds Declines on Prospect of Higher Russia, Iraq Supplies

Oil steadied after a string of declines as the prospect of increased flows from Iraq and Russia weighed on the outlook, with market gauges flashing signs of weakness on the likelihood of oversupply. ›

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  • February 14th, 2025

Oil Gains as Traders Weigh Impact from Trump’s Reciprocal Levies

Oil rose as the market digested the fallout from President Donald Trump’s order of potential reciprocal tariffs on US trading partners. ›

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  • February 13th, 2025

European Gas Extends Slide as Trump-Putin Talks Bolster Markets

European natural gas prices slumped Thursday as US-Russia talks boosted prospects for an end to the war in Ukraine, raising expectations that supplies from Moscow will resume. ›

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  • February 13th, 2025

Oil Falls Further as Trump Flags Russia Talks to End Ukraine War

Oil extended losses after US President Donald Trump and his counterpart Vladimir Putin agreed to talks on ending the war in Ukraine, raising speculation that risks to Russian supply may ease. ›

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  • February 12th, 2025

EU Gas Rally Unjustified But May Last Through Winter, BNP Says

Supply fears stoking the recent rally in European natural gas prices are unjustified, but the sentiment is so strong that it’s unlikely to ease before the cold season ends, according to BNP Paribas SA. ›

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  • February 11th, 2025

Oil Extends Advance as Lower Russia Flows Offset Trump’s Tariffs

Oil extended the biggest gain in almost four weeks as tighter Russian crude supply overshadowed concerns over the fallout from President Donald Trump’s expanding tariffs. ›

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