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Industry News from Energy Services

  • July 4th, 2017

Oil Halts Longest Winning Streak This Year as OPEC Supply Rises

Oil snapped its longest run of gains this year as OPEC output rose amid a boost from members exempt from supply cuts. ›

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  • July 3rd, 2017

UK GAS-Prompt prices rise in undersupplied market

Prompt British wholesale gas rose on Monday morning in an undersupplied market, as forecasts of weak output from the country’s wind farms led to an increase in demand from gas-fired power plants. ›

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  • July 3rd, 2017

Oil prices rise on first drop in U.S. drilling in months

Oil markets edged up on Monday, lifted by the first fall in U.S. drilling activity in months, although price gains were capped by reports of rising OPEC output last month even as the group has pledged to cut supply. ›

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