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Industry News from Energy Services

  • September 29th, 2017

UK GAS-Prices down on lower exports, dip in Norwegian flows

British wholesale gas prices fell on Friday morning due to less exports to Europe and slightly lower Norwegian flows. ›

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  • September 29th, 2017

Oil mixed but set for weekly gain

Oil prices were mixed on Friday, but both Brent and U.S. crude were set to chalk up another weekly gain as investors bet that efforts to cut a global glut are working and that the demand outlook is improving. ›

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  • September 28th, 2017

UK GAS-Prompt prices lifted by supply shortfall

British wholesale gas prices rose on Thursday morning as lower Norwegian flows and higher demand for gas-fired power generation left the system undersupplied. ›

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  • September 28th, 2017

EUROPE POWER-Prompt prices down on rising renewable, nuclear supply

European spot electricity prices for day-ahead delivery on Thursday buckled under the weight of rising renewable and nuclear supply, while demand eased ahead of the weekend. ›

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  • September 28th, 2017

Oil Holds Above $52 as U.S. Stockpile Drop Counters Export Surge

Oil stayed near $52 a barrel as traders took stock of data that showed a surprise decline in U.S. crude inventories while exports surged to a record, potentially spurring producers to ramp up output that’s already the highest in more than two years. ›

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  • September 27th, 2017

UK NBP spot natural gas contracts bearish on relatively low demand

UK NBP spot gas contracts were trading lower Wednesday mid-morning despite a short system, with demand relatively low compared to the seasonal average and supply expected to increase intraday on higher Norwegian flows. ›

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  • September 27th, 2017

UK GAS-Prices fall on coal and weather forecast, despite lower Norway flows

Wholesale gas prices fell on Wednesday, despite lower Norwegian flows and following the direction of coal prices, as the system was largely balanced amid forecasts for warm weather and strong winds, traders said. ›

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  • September 27th, 2017

EUROPE POWER-Prompt prices mixed; Germany loses output, France loses demand

European spot electricity prices for day-ahead delivery were mixed on Wednesday, with Germany’s rising on projections for lower renewables production while French prices eased along with lower consumption. ›

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  • September 27th, 2017

Brent oil eases but remains in sight of 2015 highs

Brent oil eased on Wednesday following a report of a possible increase in Nigerian exports, but an unexpected drop in U.S. crude inventories helped keep the price within sight of this week’s 26-month highs. ›

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  • September 26th, 2017

UK GAS-Prompt prices edge higher as imports from Norway fall

Prompt British wholesale gas prices edged higher on Tuesday morning as lower imports from Norway left the British system undersupplied. ›

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