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Energy Services News

  • November 22nd, 2024

Oil Heads for Weekly Advance as Russia-Ukraine War Escalates

Oil headed for the biggest weekly gain since early October on an escalation of hostilities between Russia and Ukraine. ›

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  • November 21st, 2024

Oil Edges Higher as Traders Weigh Escalation of Ukraine Conflict

Oil rose, shrugging off another gain in US crude stockpiles, as the market weighed an escalation of the Russia-Ukraine war. ›

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  • November 20th, 2024

UK Gas Sees Biggest Premium Over European Benchmark Since 2021

Natural gas prices in the UK have this month commanded the biggest premium over the European benchmark since the end of 2021, underscoring how the nation without large storage sites is more vulnerable during colder weather. ›

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  • November 20th, 2024

Oil Steady as Industry Report Points to Rising US Stockpiles

Oil was steady as an industry report signaled a build in US crude inventories ahead of government figures. ›

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  • November 19th, 2024

Oil Steadies After Biggest Gain in Five Weeks on Weak Dollar

Oil steadied after the biggest gain in more than five weeks as the dollar weakened and a risk-on tone swept across wider markets. ›

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  • November 18th, 2024

Oil Holds Weekly Drop on Glut Concerns, China’s Demand Outlook

Oil held a weekly loss on concerns over plentiful global supply and the outlook for demand in China, the world’s biggest crude importer. ›

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  • November 15th, 2024

European Gas Prices Jump as Gazprom Halts Supplies to Austria

European gas prices jumped after Austria’s OMV AG said Russia will cut off fuel deliveries from Saturday. ›

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  • November 15th, 2024

Oil Heads for Weekly Drop as Glut Concerns and Dollar Take Toll

Oil fell, deepening a weekly loss, on mixed economic and consumption data from China, the lingering impact from a stronger US dollar, and concerns that the global market will flip to a glut next year. ›

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  • November 14th, 2024

Oil Drops as Surging US Dollar and Demand Concerns Take a Toll

Oil fell as a surging US dollar weighed on commodities, and concerns about demand growth tarnished the outlook for prices. ›

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  • November 13th, 2024

Oil Steadies Near November Lows With Outlook for Demand in Focus

Oil steadied near its lowest level this month, with the outlook for demand in focus after OPEC cut projections on China’s slowdown. ›

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