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Industry News from Energy Services

  • June 2nd, 2021

Oil extends gains on OPEC+ supply discipline, demand prospects

Oil prices rose on Wednesday after OPEC and its allies stuck to their plan to cautiously bring back oil supply to the markets in June and July while expecting a robust recovery in demand in the United States and China, the world’s two biggest oil consumers. ›

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  • June 1st, 2021

Brent hits $70, highest since March, on demand prospects

Oil prices rose on Tuesday, with Brent topping $70 and trading at its highest since March, as optimism grew over the fuel demand outlook during the summer driving season of the United States, the world’s top oil consumer. ›

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  • June 1st, 2021

UK GAS-Prices rise, correcting losses last week

British wholesale gas prices rose on Tuesday morning, correcting losses on Friday, in spite of lower demand and oversupply. ›

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