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Energy Services News

  • December 18th, 2024

Europe Gas Retreats as Slovakia Sees Solution to Ukraine Transit

European natural gas edged lower as Slovakia’s push to keep the fuel coming through Ukraine adds optimism about the region’s supply next year. ›

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  • December 18th, 2024

Oil Halts Two-Day Drop as Report Points to Big US Stockpile Draw

Oil steadied after a two-day drop as an industry report signaled a sizable drawdown in US commercial crude inventories. ›

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  • December 17th, 2024

Oil Holds Decline as Poor China Economic Data Weighs on Outlook

Oil steadied after falling in the previous session as Chinese economic data failed to dispel concerns about weakening consumption in the biggest crude importer. ›

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  • December 16th, 2024

UK Gas Plants Made Millions in a Few Hours During Price Spike

A pair of gas-fired power stations earned over £1 million ($1.3 million) each in a handful of hours this week when the wind was barely blowing. ›

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  • December 16th, 2024

Oil Slips as Lackluster Chinese Data Weakens Demand Outlook

Oil slipped after a weekly advance as a slew of economic data from China reinforced concerns over weakening demand in the biggest importer. ›

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  • December 13th, 2024

Oil Set for Weekly Gain as Sanctions Outlook Offsets Glut Woes

Oil headed for a weekly advance as the prospect for tighter US sanctions against Iran and Russia countered persistent concerns around a sizeable global glut next year. ›

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  • December 12th, 2024

Oil Holds Gains With US Sanctions Talk and IEA Outlook in Focus

Oil steadied after a three-day gain, as traders digested US comments flagging possible tighter curbs on Russian and Iranian flows, and looked ahead to a monthly outlook from the International Energy Agency. ›

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  • December 11th, 2024

Oil Edges Higher Ahead of US Inflation Figures and OPEC Report

Oil rose ahead of key US inflation data and a monthly report from OPEC that will provide a snapshot on the market. ›

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  • December 10th, 2024

Oil Edges Lower as Glut Outlook Counters China Stimulus Optimism

Oil edged lower as persistent concerns over a looming supply glut overshadowed the outlook for bolder Chinese stimulus next year. ›

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  • December 9th, 2024

European Gas Prices Slip as Mild, Windy Weather Brings Respite

Natural gas prices in Europe slipped for a fifth day as mild and windy weather helps protect inventories from faster depletion. ›

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