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Industry News from Energy Services

  • June 30th, 2017

UK GAS-Prices down on increased Norwegian flows

British wholesale gas prices fell on Friday due to increased Norwegian flows that caused the system to be oversupplied. ›

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  • June 30th, 2017

Crude oil prices firm, set for biggest weekly gain since mid-May

Crude oil futures on Friday were on track for their biggest weekly gain since mid-May, ending five weeks of losses with prices underpinned by a decline in U.S. output. ›

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  • June 29th, 2017

UK GAS-Prompt up as Britain resumes exports to Europe

British prompt gas prices rose on Thursday due to surging exports after the UK Interconnector pipeline with Belgium re-opened following maintenance. ›

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  • June 29th, 2017

Oil rises for sixth session, buoyed by US output decline

Crude oil futures rose for a sixth consecutive session on Thursday, as a decline in U.S. production underpinned the market that has been under pressure from a global supply glut. ›

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  • June 28th, 2017

UK GAS-Prices rise on low Norway flows, expected IUK return

British wholesale gas prices rose on Wednesday as Norwegian gas flows remained at low levels and on expectations of higher exports to continental Europe when the InterconnectorUK pipeline returns from maintenance on Thursday ›

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  • June 28th, 2017

Oil prices dip ahead of US stockpile data; industry report signals rise in inventories

Oil prices came under renewed pressure on Wednesday after an industry report released ahead of official government data suggested U.S. inventories increased. ›

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  • June 27th, 2017

UK GAS-Prices up as pipeline system outage continues

British wholesale gas prices rose slightly on Tuesday morning due to an ongoing outage at the Entry SEGAL pipeline system

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  • June 26th, 2017

UK prompt power prices fall as supply strain lessens

UK prompt prices fell Monday on easing supply pressures as more thermal plant capacity came online, while lingering margin concerns curbed losses, sources said. ›

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  • June 26th, 2017

UK GAS-Prices rise on lower Norwegian flows, undersupplied system

British wholesale gas prices rose on Monday as lower Norwegian flows resulted in undersupply. ›

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  • June 26th, 2017

Oil jumps 1% on weaker dollar, but rise in US drilling drags

Oil prices rose more than 1 percent early on Monday on a weaker dollar, but another rise in U.S. drilling activity stoked worries that a global supply glut will persist despite an OPEC-led effort to curb output. ›

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