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Industry News from Energy Services

  • February 2nd, 2024

Oil gains after OPEC+ maintains output cuts, still heads for weekly losses

Oil prices rose on Friday following a decision by OPEC+ to keep its oil output policy unchanged, although benchmarks were headed for weekly losses amid unsubstantiated reports of a ceasefire between Israel and Hamas. ›

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  • February 1st, 2024

Oil nudges higher, buoyed by rate cut expectations

Oil prices edged up on Thursday, supported by signals from the U.S. Federal Reserve on a possible start to rate cuts and as China unveiled new support measures for its embattled property market ›

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