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Industry News from Energy Services

  • February 4th, 2022

EUROPE GAS-Price firm on lower Russian flows, colder outlook

British and Dutch gas prices rose on Friday morning, as delivieres of Russian gas ebbed and forecasts showed colder weather ahead. ›

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  • February 4th, 2022

Oil extends gains above $90/bbl as winter storm sweeps through United States

Oil prices climbed on Friday, extending sharp gains in the previous session as frigid weather swept across large swathes of the United States, threatening to further disrupt oil supplies. ›

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  • February 3rd, 2022

EUROPE GAS-Prices mixed amid strong LNG, UKraine-Russia tensions

British and Dutch gas prices were mixed on Thursday morning, with traders watching how tensions between Russia and the West over Ukraine unfold amid strong flows of liquefied natural gas (LNG). ›

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  • February 3rd, 2022

Oil prices take a breather, OPEC+ sticks to output plans

Oil prices eased on Thursday following weak U.S. payrolls data and some profit-taking, but remained underpinned by tight supply as OPEC+ producers stuck to planned moderate output increases. ›

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  • February 2nd, 2022

Oil climbs toward 7-year highs on U.S. stock draw, eyes on OPEC+ move

Oil prices climbed on Wednesday toward last week’s seven-year highs as a draw in U.S. crude stocks confirmed strong demand and tightsupplies, but investors remained cautious ahead of an OPEC+ meeting later in the day. ›

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  • February 1st, 2022

EUROPE GAS-Prices fall on higher Russian and LNG flows and warmer weather

British and Dutch gas prices fell on Tuesday on higher flows from Russia, strong liquefied natural gas (LNG) supply and with forecasts for warmer weather expected to curb demand. ›

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  • February 1st, 2022

Oil eases on profit-taking, supply concerns check losses

Oil prices eased on Tuesday, giving up early gains as investors took profits, although expectations that supply will remain tight amid a limited output increase by major producers and a solid post-pandemic recovery in fuel demand checked losses. ›

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