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Industry News from Energy Services

  • November 30th, 2017

UK GAS-Prices down on milder weather and strong Norway flows

British wholesale gas prices fell on Thursday, driven by forecasts for milder weather and high Norwegian flows that created an oversupplied system, traders said. ›

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  • November 30th, 2017

Oil edges up ahead of OPEC meeting in Vienna, but uncertainty lingers

Oil prices edged up on Thursday, ahead of an OPEC meeting in Vienna at which producers are expected to extend a supply-cut deal that came into effect in January with the goal of tightening supplies and propping up prices. ›

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  • November 29th, 2017

Oil falls on doubts over extending output cuts, surprise rise in US crude stocks

Oil prices fell on Wednesday on doubts OPEC and Russia will agree on extending a crude production cut that the market has already priced in, and after a report of an unexpected rise in U.S. crude oil inventories.

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  • November 28th, 2017

EUROPE POWER-Spot prices leap on demand push, fall in wind power

German and French electricity prices for day-ahead delivery jumped on Tuesday on forecasts for falling German wind power production and on rising demand, driven by falling temperatures. ›

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  • November 28th, 2017

UK GAS-Prices mostly decline on milder weather forecasts

British wholesale gas prices mostly fell on Tuesday morning as milder temperature forecasts for next week looked set to ease consumption and reduce strain on the system. ›

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  • November 28th, 2017

Oil falls on doubts over OPEC, pipeline restart

Oil prices fell on Tuesday on uncertainty over the outcome of a key OPEC meeting this week due to decide on production policy for the next year. ›

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  • November 27th, 2017

UK GAS-Prices rise on colder weather forecasts, less nuclear ouput

British wholesale gas prices rose on Monday morning on expectations of lower temperatures and as a third of the country’s nuclear plants were offline. ›

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  • November 27th, 2017

Oil slips on U.S. drilling but OPEC cuts support market

Oil prices slipped on Monday, with U.S. crude easing from two-year highs on prospects for increased output. ›

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  • November 24th, 2017

UK GAS-Prices rise as temperatures drop below normal

British wholesale gas prices rose on Friday morning in reaction to colder weather. ›

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  • November 24th, 2017

French spot power price for Monday jumps on cold snap forecast

European spot electricity prices for early next week delivery diverged on Friday, as forecasts showing the onset of a cold spell supported French prices, while higher expected wind power generation weighed on the German contract. ›

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