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Industry News from Energy Services

  • May 2nd, 2019

Oil prices fall as U.S. output hits record; global markets still tense

Oil prices fell on Thursday, pulled down by record U.S. crude production that led to a surge in stockpiles.

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  • May 1st, 2019

UK GAS-Prices fall as Norwegian imports boost supply

British wholesale gas prices fell on Wednesday morning as a ramp up in imports from Norway contributed to an oversupplied system.

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  • May 1st, 2019

Oil dips on report of rising US crude stockpiles, but market remains tense

Oil prices dipped on Wednesday after a report showed a rise in available U.S. crude inventories, but the market remained tense amid an intensifying political crisis in Venezuela, tightening U.S. sanctions on Iran and continuing OPEC supply cuts.

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