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Industry News from Energy Services

  • February 17th, 2025

Oil Holds Declines on Prospect of Higher Russia, Iraq Supplies

Oil steadied after a string of declines as the prospect of increased flows from Iraq and Russia weighed on the outlook, with market gauges flashing signs of weakness on the likelihood of oversupply. ›

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  • February 14th, 2025

Oil Gains as Traders Weigh Impact from Trump’s Reciprocal Levies

Oil rose as the market digested the fallout from President Donald Trump’s order of potential reciprocal tariffs on US trading partners. ›

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  • February 13th, 2025

European Gas Extends Slide as Trump-Putin Talks Bolster Markets

European natural gas prices slumped Thursday as US-Russia talks boosted prospects for an end to the war in Ukraine, raising expectations that supplies from Moscow will resume. ›

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  • February 13th, 2025

Oil Falls Further as Trump Flags Russia Talks to End Ukraine War

Oil extended losses after US President Donald Trump and his counterpart Vladimir Putin agreed to talks on ending the war in Ukraine, raising speculation that risks to Russian supply may ease. ›

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  • February 12th, 2025

EU Gas Rally Unjustified But May Last Through Winter, BNP Says

Supply fears stoking the recent rally in European natural gas prices are unjustified, but the sentiment is so strong that it’s unlikely to ease before the cold season ends, according to BNP Paribas SA. ›

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  • February 11th, 2025

Oil Extends Advance as Lower Russia Flows Offset Trump’s Tariffs

Oil extended the biggest gain in almost four weeks as tighter Russian crude supply overshadowed concerns over the fallout from President Donald Trump’s expanding tariffs. ›

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  • February 10th, 2025

Oil Advances After Weekly Drop as Market Weighs Trump’s Tariffs

Oil rose after a string of weekly declines as the market weighed the fallout from President Donald Trump’s ongoing tariffs. ›

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  • February 10th, 2025

European Gas Prices Hit Two-Year High as Supply Fears Intensify

European natural gas prices rose to a two-year high as colder temperatures accelerate the depletion of the region’s storage facilities. ›

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  • February 7th, 2025

Oil Set for Weekly Drop as Trump Tariffs Outweigh Iran Sanctions

Oil headed for a third weekly decline as worries that President Donald Trump’s tariffs on China will sap demand outweighed the new US administration’s first round of sanctions against Iran. ›

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  • February 6th, 2025

Oil Holds Near Lowest This Year as Trump Weighs on Sentiment

Oil steadied near the lowest this year as US President Donald Trump’s geopolitical positions and threats of tariffs on energy weighed on the outlook. ›

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