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Energy Services News

  • April 28th, 2025

Oil Gains Ground With Trade War and China’s Outlook to the Fore

Oil climbed after a volatile week as traders parsed the latest signals in the trade war, including China’s efforts to support its tariff-hit economy, and weighed geopolitical developments in Iran. ›

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  • April 25th, 2025

Oil Climbs in Risk-On Mood as China Weighs Tariff Exemptions

Oil edged higher alongside equity markets as China considered suspending tariffs on some US imports, though conflicting messages on trade raised uncertainty about the prospect for easing tensions. ›

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  • April 24th, 2025

Oil regains ground after 2% drop on potential OPEC+ output increase

Oil prices recovered some losses on Thursday after falling nearly 2% in the previous session, with investors weighing a potential OPEC+ output increase against conflicting tariff signals from the White House and ongoing U.S.-Iran nuclear talks. ›

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  • April 23rd, 2025

Oil up more than 1% on fresh Iran sanctions, lower US crude stocks

Oil prices climbed more than 1% on Wednesday, extending the prior day’s gains, as investors weighed a fresh round of U.S. sanctions on Iran, a drop in U.S. crude stocks and a softer tone from President Donald Trump towards the Federal Reserve. ›

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  • April 22nd, 2025

European Gas Prices Ease as Storage Injections Progress

European natural gas prices eased, hovering around €35 a megawatt-hour as stockpiling progresses amid strong arrivals of tanker-borne fuel shipments. ›

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  • April 22nd, 2025

Oil prices rise on short-covering, but tariff worries linger

Oil prices climbed on Tuesday as investors took advantage of the previous day’s losses to cover short positions, although concerns persisted over economic headwinds from tariffs and U.S. monetary policy that could dampen fuel demand. ›

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  • April 17th, 2025

Oil Rises a Second Day After US Cracks Down on Iranian Supply

Oil rose for a second day after the US vowed to reduce Iran’s energy exports to zero. ›

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  • April 16th, 2025

Oil slides as markets assess impact of US-China trade war

Oil prices fell about 1% on Wednesday, as shifting U.S. tariff policies fuelled uncertainty, prompting traders to weigh the potential impact of the U.S.-China trade war on economic growth and energy demand. ›

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  • April 15th, 2025

Oil edges up on potential US tariff exemptions on cars, pick-up in China crude imports

Oil prices inched higher on Tuesday, supported by new tariff exemptions floated by U.S. President Donald Trump and a rebound in China crude oil imports in anticipation of tighter Iranian supply.

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  • April 14th, 2025

Oil rises on rebound in China’s imports, but trade war concerns persist

Oil prices edged up on Monday after Chinese data showed a sharp rebound in crude imports in March, although concerns that the escalating trade war between the United States and China would weaken global economic growth and dent fuel demand weighed. ›

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