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Industry News from Energy Services

  • October 31st, 2017

UK Gas prompt prices mixed as warmer temperatures loom

Prompt British wholesale gas prices were mixed on Tuesday, with the within-day price edging higher, as exports rose and the day-ahead contract faced pressure from expectations of warmer temperatures in the next few days. ›

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  • October 31st, 2017

Oil eases on profit-taking but sentiment remains strong as supply cuts bite

Oil prices eased on Tuesday as traders took profits following days of gains and as the prospect of increasing U.S. exports dampened overall bullish sentiment that has driven Brent above $60 per barrel. ›

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  • October 30th, 2017

UK GAS-Prices rise on strong demand

British prompt gas prices rose on Monday due to unexpectedly high consumption. ›

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  • October 30th, 2017

Global oil prices rise on expected extension of output cuts

Oil markets rose on Monday, with Brent remaining above $60 per barrel on expectations that an OPEC-led production cut due to expire next March would be extended, although rising exports from Iraq kept a lid on prices. ›

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  • October 26th, 2017

UK GAS-Prompt rises slightly on lower temperatures and wind output

British prompt wholesale gas prices rose slightly on Thursday morning as falling temperatures and lower wind power output caused demand to rise.

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  • October 25th, 2017

UK GAS-Prices rise on reduced Norway flows, colder weather outlook

British wholesale gas prices rose on Wednesday as lower Norwegian gas flows and forecasts for colder weather led to an undersupplied system. ›

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  • October 25th, 2017

Oil hovers near four-week high on Saudi pledge to end glut

Oil prices were largely steady on Wednesday, hovering near a four-week high hit a day earlier after top exporter Saudi Arabia said it was determined to end a supply glut. ›

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  • October 24th, 2017

UK GAS-Unplanned outage pushes prompt prices higher

Prompt British wholesale gas prices rose on Tuesday, as an unplanned outage at a UK gas terminal contributed to an undersupplied market. ›

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  • October 24th, 2017

Oil prices inch up, support from drop in southern Iraq exports

Oil prices inched up on Tuesday, getting support from a decline in oil exports from OPEC’s second-biggest producer Iraq and a projected extended fall in U.S. commercial oil stocks. ›

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  • October 23rd, 2017

UK GAS-Prices edge lower on fresh LNG supply, lower demand

British wholesale gas prices edged down on Monday morning due to reduced demand and rising flows from liquefied natural gas (LNG) terminals from a new shipment due to arrive this week. ›

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