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Industry News from Energy Services

  • January 31st, 2018

EUROPE POWER-Year-ahead power contracts at multi-week lows

European year-ahead electricity contracts for 2019 delivery hit multi-weeks low on Wednesday, pressured by the sharp fall in fuels and carbon emission prices, while prices at the front end of the curve were lifted by forecasts for cold weather. ›

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  • January 31st, 2018

UK GAS-Expected cold weather sparks price rebound

British wholesale gas prices rose on Wednesday as forecasts of colder weather raised expectations for stronger demand. ›

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  • January 31st, 2018

Oil prices fall for third day as US inventory build-up weighs

Oil prices fell for a third day on Wednesday after data from an industry body showed U.S. crude stocks rose more than expected last week, while a selloff in other commodities, stocks and bonds added to investors’ bearish mood. ›

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  • January 30th, 2018

EUROPE POWER-Day-ahead power prices slip on surging wind volumes

European spot electricity prices for day-ahead delivery fell on Tuesday, pressured by forecasts for surging wind power volumes amid tepid electricity demand. ›

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  • January 30th, 2018

UK GAS-Prices rise on cooler weather forecasts

British wholesale gas prices rose on Tuesday as forecasts for cooler weather after an unseasonably mild spell boosted demand expectations. ›

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  • January 30th, 2018

Oil prices extend declines on stronger dollar, rising U.S. output

Oil prices fell on Tuesday for a second day as rising U.S. output and a strengthening dollar sapped demand for crude, pushing Brent below $69 a barrel for the first time in six days. ›

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  • January 29th, 2018

German, French spot power prices surge as wind output plummets

German and French day-ahead power prices soared Monday on expectations for significantly lower wind output in both countries, with lignite capacity in Germany set to rise following planned maintenance works. ›

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  • January 29th, 2018

UK GAS-Within-day down on mild weather and strong wind

British within-day gas prices fell on Monday as mild temperatures and expectations for high wind output curbed demand, leaving the system oversupplied, said traders. ›

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  • January 29th, 2018

Oil dips as U.S. output rises, still set for strongest January in five years

Oil dipped on Monday as soaring North American production was seen undermining efforts led by OPEC and Russia to tighten supplies, but prices were still on track for their strongest start to the year in five years. ›

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  • January 26th, 2018

EUROPE POWER- Monday prices down on fundamentals, months and quarters rise

Europe’s wholesale electricity market was mixed on Friday with prompt prices for early next week off on bearish fundamentals, while monthly and quarterly positions rose on forecasts of cooler weather and plans for French nuclear outages. ›

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