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Industry News from Energy Services

  • August 2nd, 2017

Oil down 1 percent on surprise rise in U.S. inventories, high OPEC output

Oil prices fell by 1 percent on Wednesday, with rising U.S. fuel inventories pulling U.S. crude back below $50 per barrel, while ongoing high OPEC supplies weighed on international prices. ›

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  • August 1st, 2017

UK GAS-Prices down on higher Norwegian, LNG supply and lower exports

British wholesale gas prices fell on Tuesday morning due to higher Norwegian and liquiefied natural gas supply and lower exports. ›

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  • August 1st, 2017

Oil rises on falling U.S. inventories, but high OPEC supplies still weigh

Oil rose on Tuesday, supported by strong U.S. fuel demand, but ongoing high supplies from producer club OPEC kept prices in check. ›

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