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Energy Services News

  • July 12th, 2024

Europe Gas Prices Poised for Biggest Weekly Decline Since April

European natural gas prices are poised for their biggest weekly loss in over two months as the region’s supply risks ease.

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  • July 12th, 2024

Oil rises as US inflation eases; Brent heads for weekly dip

Oil prices inched up on Friday amid signs of easing inflationary pressures in the United States, the world’s biggest oil consumer, although Brent crude was set for a weekly decline. ›

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  • July 11th, 2024

Gas: Prices trade in a tight range on softer demand, strong inventories

Dutch and British gas prices were mixed on Thursday morning, trading in a narrow range, as strong storage inventories and softer demand eased concerns over any supply risks. ›

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  • July 11th, 2024

Oil prices rise as crude, gasoline inventories ease

Oil prices gained on Thursday as crude stocks fell after U.S. refineries ramped up processing and as gasoline inventories eased, signalling stronger demand. ›

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  • July 10th, 2024

Oil slips on easing US Gulf supply concerns, weak China inflation

Oil prices dipped on Wednesday as the impact from Hurricane Beryl dissipated and inflation data highlighted stubbornly weak consumer demand in top crude importer China. ›

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  • July 9th, 2024

Gas: Prices down as concerns over Hurricane Beryl on U.S. LNG ease

Dutch and British wholesale gas prices were down on Tuesday morning amid easing concerns over the impact of Hurricane Beryl on U.S. liquefied natural gas (LNG) facilities after Freeport LNG said will it will resume production after it has passed. ›

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  • July 9th, 2024

Oil prices hold steady as concerns over hurricane damage ease

Oil prices were little changed on Tuesday after a hurricane that hit a key U.S. oil-producing hub in Texas caused less damage than markets had expected, easing concerns over supply disruption. ›

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  • July 8th, 2024

European Gas Prices Rise as Hurricane Beryl Heads Toward Texas

European natural gas prices edged higher as traders assessed supply risks amid hot weather in parts of Asia and a hurricane approaching key fuel supplier Texas. ›

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  • July 8th, 2024

Oil slips as Gaza talks ease supply disruption woes; Hurricane Beryl in focus

Oil prices slid on Monday after rising for four weeks, as the prospect of a ceasefire deal in Gaza eased geopolitical tensions in the Middle East, while investors assessed potential disruption to U.S. energy supplies from Tropical Storm Beryl. ›

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  • July 5th, 2024

Gas: Wholesale prices flat in balanced market

Dutch and British wholesale gas prices on Friday morning were largely flat with a small rise in demand balanced by Norwegian gas flows, though uncertainty over supplies later in the year offered some support. ›

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