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Industry News from Energy Services

  • July 31st, 2017

UK day-ahead power prices firm, tracking gains seen in NBP gas

UK day-ahead power prices firmed Monday, tracking gains seen in the NBP gas markets and amid forecast low wind generation. ›

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  • July 31st, 2017

UK GAS-Prices rise as maintenance curbs supply

British wholesale gas prices rose on Monday morning as maintenance curbed domestic supplies. ›

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  • July 31st, 2017

Oil Rises Over $50 as OPEC Set to Meet With Allies on Compliance

Oil in New York briefly rose above $50 for the first time since May after OPEC said the group and its partners will meet next week to discuss why some nations are falling behind on their pledge to cut production. ›

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  • July 31st, 2017

European prompt power prices up on tight wind supply, higher use

European spot power prices rose on Monday as lower wind power supply forecasts coincided with rising temperatures which triggered more air conditioning demand. ›

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  • July 28th, 2017

UK gas: NBP spot edges higher, Kollsnes supports

Near-term UK wholesale natural gas prices edged higher in early trade with the increased scope of works at Kollsnes supporting the NBP prompt in early trading exchanges. ›

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  • July 28th, 2017

EUROPE POWER-Monday price up on less wind supply, but demand to fall

Germany’s power price for Monday rose in the European wholesale market on Friday on forecasts for lower output from wind turbines while slack demand offset some of the price gains. ›

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  • July 28th, 2017

UK GAS-Prices edge up on expectations of less supply

British wholesale gas prices rose slightly on Friday morning on expectations of tighter supply next week. ›

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  • July 28th, 2017

Oil prices dip but stay near eight-week highs on U.S. stock declines

Oil prices edged lower on Friday but were still near eight-week highs, buoyed by a decline in U.S. inventories and OPEC’s ongoing efforts to curb production. ›

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  • July 27th, 2017

EUROPE POWER-Spot power prices dip on higher renewables, thermal supply

European spot electricity prices for next day delivery fell on Thursday pressured by increased production from wind, solar and thermal generation, while demand is expected to declined ahead of the weekend. ›

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  • July 27th, 2017

UK GAS-Prices slip as Norway flows rise

British wholesale gas prices fell on Thursday as supplies from Norway and domestic fields rose. ›

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