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Energy Services News

  • May 30th, 2025

European Gas Set for Monthly Gain as Supply Prospects Tighten

European natural gas prices are headed for their first monthly advance since January amid a flurry of geopolitical developments and signs of a tighter market. ›

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  • May 30th, 2025

Oil Poised for Second Weekly Loss Ahead of OPEC+ Supply Decision

Oil was on track for a second weekly decline ahead of an OPEC+ meeting on output policy that’s expected to lead to another supply hike. ›

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  • May 29th, 2025

European Gas Edges Higher as Traders Weigh Court’s Tariff Ruling

European natural gas inched higher on speculation that a move by a US court to block President Donald Trump’s tariffs may lift energy demand. ›

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  • May 29th, 2025

Oil Climbs in Risk-On Mood as Trade Court Blocks Trump’s Tariffs

Oil advanced alongside equity markets after a US trade court blocked President Donald Trump’s global tariffs, deeming them illegal. ›

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  • May 28th, 2025

Oil steadies on supply risks, OPEC+ output increase

Oil prices held steady on Wednesday after the U.S. barred Chevron from exporting crude from Venezuela, but an expected decision from OPEC+ later this week to increase production in July capped gains. ›

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  • May 27th, 2025

Oil Steadies as Traders Focus on EU Trade Talks, OPEC+ Meeting

Oil was steady as the market weighed the prospect for easing trade tensions between the European Union and the US ahead of an OPEC+ meeting that will make a decision on supply policy. ›

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  • May 23rd, 2025

Oil Set for Weekly Slump as OPEC+ Weighs Another Big Supply Hike

Oil headed for its first weekly decline in three, as OPEC+ weighed another bumper production increase that could add supplies into a market already expected to face a glut. ›

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  • May 22nd, 2025

Oil Drops as OPEC+ Raises Specter of Yet Another Big Output Hike

Oil declined as OPEC+ members discussed the possibility of another super-sized production increase, raising the prospects of additional output just as demand faces headwinds from the US-led trade war. ›

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  • May 21st, 2025

Goldman Warns Europe’s Gas Refill at Risk if Prices Drop Further

Europe can secure enough liquefied natural gas to refill storage for next winter at current prices, but the region faces competition for supply should prices fall further, according to Goldman Sachs Group Inc. ›

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  • May 21st, 2025

Oil Climbs on Report That Israel Is Preparing to Strike Iran

Oil jumped following a CNN report that new US intelligence suggests Israel is preparing for a potential strike on Iranian nuclear facilities. ›

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