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Energy Services News

  • September 24th, 2024

Oil prices climb on fresh China stimulus, Middle East tensions

Oil prices rose on Tuesday on news of monetary stimulus from top importer China and concerns that tensions in the Middle East could hit regional supply, while a major hurricane loomed over the United States, the world’s biggest crude producer. ›

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  • September 23rd, 2024

European Gas Prices Advance on Supply Risks, Colder Weather

European natural gas prices rose on geopolitical risks to supply and a forecast for colder weather ahead of the heating season. ›

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  • September 23rd, 2024

Oil edges higher US interest rate cut counters weak demand

Oil prices rose slightly on Monday after last week’s cut to U.S. interest rates and a dip in U.S. crude supply in the aftermath of Hurricane Francine countered weaker demand from top oil importer China. ›

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  • September 20th, 2024

European Gas Extends Weekly Declines on Winter Supply Optimism

European natural gas prices are set for a third weekly decline on mounting confidence that the region will have sufficient winter supplies. ›

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  • September 20th, 2024

Oil prices set to end week higher after US rate cut

Oil prices, which eased slightly on Friday, were on track to end higher for a second straight week following a large cut in U.S. interest rates and declining global stockpiles. ›

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  • September 19th, 2024

Oil prices rise after US interest rate cut

Oil prices rose on Thursday after a large interest rate cut from the U.S. Federal Reserve, but Brent was still hovering around its lowest levels of the year, below $75, on expectations of weaker global demand. ›

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  • September 18th, 2024

Oil prices set to snap two-day winning streak ahead of Fed decision

Oil prices fell on Wednesday after two sessions of gains, as weak macroeconomic data weighed on demand, offsetting the possible disruption of violence in the Middle East and the potentially bullish impact of an expected U.S. rates cut. ›

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  • September 17th, 2024

Oil prices climb on US output concerns, potential crude inventory drop

Oil prices extended gains on Tuesday as the market eyed U.S. output concerns in the aftermath of Hurricane Francine and expectations of lower U.S. crude stockpiles. ›

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  • September 16th, 2024

Oil prices climb on Fed rate cut outlook

Oil prices rose in Asian trade on Monday amid expectations of a U.S. interest rate cut this week, though gains were capped by persistent demand worries and weaker China data. ›

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  • September 13th, 2024

Oil prices extend recovery from multi-year lows

Oil prices extended their rally on Friday and were on course for a weekly gain, sparked by output disruption in the U.S. Gulf of Mexico after Hurricane Francine forced the evacuation of production platforms. ›

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