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Energy Services News

  • March 4th, 2025

Oil down on OPEC+ output increase, tariffs start and US pause on Ukraine aid

Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April and as markets braced for the start of U.S. tariffs on Canada, Mexico and China, as well as Beijing’s retaliatory tariffs. ›

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  • March 3rd, 2025

European Gas Prices Jump as Optimism Fades About Ukraine Talks

European natural gas jumped after US and Ukrainian leaders sparred on Friday, throwing into doubt recent efforts to reach a deal with Russia on ending the war. ›

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  • March 3rd, 2025

Oil Steadies as Traders Weigh Ukraine Outlook Ahead of Tariffs

Oil was steady at the start of the week as traders weighed the outlook for Russia’s war in Ukraine ahead of President Donald Trump’s tariffs on US trading partners, which will likely lead to retaliatory measures. ›

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  • February 28th, 2025

Europe Gas Ends Month With Biggest Loss in Year and Record Trade

European natural gas is ending February with the biggest decline in a year and record trading volumes as market players adjust their outlooks after a tumultuous month. ›

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  • February 28th, 2025

Oil set for first monthly drop since November on economic doubts

Oil prices eased on Friday as they headed for their first monthly drop since November, dragged lower by uncertainty over global economic growth and fuel demand given Washington’s tariff threats and signs of a U.S. economic slowdown. ›

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  • February 27th, 2025

Oil Holds Near Year’s Low With US Tariffs and Supplies in Focus

Oil steadied near the lowest close this year, with tariff threats from US President Donald Trump and supply issues in focus. ›

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  • February 26th, 2025

US Oil Steadies in the $60s as Dour Economic Sentiment Weighs

Oil in New York steadied after sinking back into the $60s-a-barrel range as a souring economic outlook threatened prospects for energy demand and spurred investors to shun risk assets including crude. ›

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  • February 25th, 2025

Oil Rises as Iran Sanctions, Trump Tariff Comments Rattle Market

Oil gained as the US issued fresh sanctions on Iranian oil, and US President Donald Trump signaled trade tariffs were still on the cards. ›

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  • February 24th, 2025

Oil Holds Drop as Supply Issues and Geopolitics Dog the Outlook

Oil held a decline as the prospect of increased supply from Iraq weighed on prices, with US President Donald Trump’s efforts to end the three-year war in Ukraine also in focus. ›

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  • February 21st, 2025

Oil heads for weekly gain amid supply jitters, improving demand

Oil prices edged down on Friday but were still poised for a weekly rise on concerns over supply disruptions in Russia and an improving outlook for demand in the United States and China. ›

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