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Energy Services News

  • December 11th, 2019

Oil prices sag on surprise rise in U.S. crude inventories

Oil prices fell on Wednesday after industry data showed an unexpected build in crude inventory in the United States and as investors waited for news on whether a fresh round of U.S. tariffs on Chinese goods would take effect on Sunday.

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  • December 10th, 2019

Energy Services (Business Power) Ltd – December 2019 Energy Newsletter

The December 2019 edition of the Energy Services newsletter is now available! ›

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  • December 10th, 2019

UK GAS-Prices fall as traders expect Russia-Ukraine transit deal

British wholesale gas prices dropped on Tuesday morning after Ukrainian President Volodymyr Zelenskiy said overnight that Ukraine and Russia would work on a transit deal following his meeting with Russian President Vladimir Putin on Monday. ›

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  • December 10th, 2019

Oil prices drop as fears over trade war, weaker demand return to haunt market

Oil prices slipped on Tuesday for a second straight session as the cons of a slowing global demand outlook outweighed the pros of OPEC’s agreement with associated producers at the end of last week to deepen crude output cuts in early 2020.

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  • December 9th, 2019

EUROPE POWER-Day-ahead soars on forecast drop in wind power generation

European spot electricity prices for day-ahead delivery soared on Monday, buoyed by forecasts showing a sharp drop in electricity generation from wind turbines, while demand is expected to rise due to cold weather.

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  • December 9th, 2019

UK GAS-Prompt prices rise as system heavily undersupplied

Prompt British wholesale gas prices rose on Monday morning supported by an strongly undersupplied gas system.

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  • December 9th, 2019

Oil prices slip as weak China exports highlight trade war impact

Oil prices fell on Monday after data showed that Chinese exports declined for a fourth straight month, sending shivers through a market already concerned about damage being done to global demand by the Sino-U.S. trade war.

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  • December 6th, 2019

UK GAS-Prompt prices fall as warmer temperatures lead to oversupply

Prompt British wholesale gas prices fell on Friday morning, as a rise in temperature curbed demand for gas, leaving the system oversupplied. ›

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  • December 6th, 2019

GLOBAL LNG – Asian prices drop for second straight week on mild winter

Asian spot prices for liquefied natural gas (LNG) dropped for a second consecutive week as supply flooded the market, overshadowing demand subdued by a winter that has been milder than average. ›

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  • December 6th, 2019

Oil slips as OPEC+ gears up to confirm supply cut

Oil edged lower on Friday as investors awaited a meeting of OPEC and its allies later in the day which is expected to formally agree to more output curbs in early 2020. ›

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