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Industry News from Energy Services

  • January 6th, 2023

European Gas Heads for Weekly Drop as Mild Weather Eases Crisis

Natural gas prices in Europe headed for a fourth weekly loss, with the energy crisis easing amid unseasonably warm weather that has reduced demand for heating. ›

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  • January 5th, 2023

European Gas Swings as Traders Weigh Weather and Supply Risk

Natural gas prices in Europe fluctuated as traders weigh historically mild weather and the risk that the market could still tighten this winter. ›

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  • January 5th, 2023

Oil rebounds on weaker dollar; economy concerns cap upside

Oil prices rebounded on Thursday amid dollar weakness and as investors emerged to buy dips after two sessions of steep losses, though economic concerns capped recovery. ›

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  • January 4th, 2023

Europe Gas Falls Again as Warm Weather Brings Relief for Markets

Natural gas prices in Europe extended declines as warm weather curbs demand and eases pressure on politicians and central bankers. ›

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  • January 4th, 2023

Oil falls again as worries grow over global economy, China COVID cases

Oil edged lower on Wednesday after slumping in the previous session, weighed down by concerns about weak demand due to the state of the global economy and China’s rising COVID cases. ›

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  • January 3rd, 2023

European Gas Declines as Persistent Mild Weather Curbs Demand

European natural gas prices declined as persistent warmer-than-normal winter weather reduces demand and eases stress of the region’s energy systems. ›

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  • January 3rd, 2023

Oil recovers from early decline, outlook clouded by China and global economy

Oil prices held in a narrow range on Tuesday, though the outlook for demand was clouded by a weak manufacturing activity survey from China, and a warning from the head of the International Monetary Fund that the global economy faced a tough year ahead. ›

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