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Industry News from Energy Services

  • February 16th, 2018

UK GAS-Prices rise on colder weather forecasts

British wholesale gas prices rose on Friday morning on colder weather forecasts, despite a slightly oversupplied system. ›

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  • February 16th, 2018

U.S. oil hits one-week high as dollar sags; many Asian markets shut

U.S. crude extended gains in subdued trade on Friday as the dollar slipped to a three-year low, with many Asian markets closed for the Lunar New Year holiday. ›

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  • February 14th, 2018

Oil dips on looming oversupply; weak dollar, economic growth provide some support

Oil dipped on Wednesday, squeezed by lingering oversupply including rising U.S. inventories and ample physical flows, though the prospect of Saudi output dropping in March, economic growth hopes and a weaker dollar all combined to cap losses. ›

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  • February 13th, 2018

EUROPE POWER-Spot prices down as French cold spell eases

European spot electricity prices eased on Tuesday, curbed by an expected drop in French demand as temperatures rise after a cold start to February. ›

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  • February 13th, 2018

Oil prices firm as global stock markets rebound, dollar falls

Oil prices rose on Tuesday, lifted by a rebound in global stock markets that followed sharp falls last week, as well as by a weaker dollar which potentially supports more fuel consumption. ›

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  • February 13th, 2018

UK GAS-Prices rise on colder weather outlook for next week

British wholesale gas prices rose on Tuesday morning on expectations of colder temperatures next week. ›

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  • February 12th, 2018

EUROPE POWER-Power prices mixed as demand lifts German spot

European spot electricity prices for day-ahead delivery diverged on Monday as forecasts for increased consumption and lower wind power generation buoyed the German prompt contract while increased supply weighed in France. ›

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  • February 12th, 2018

UK GAS-Prices down on strong wind, forecasts for higher temperatures

British wholesale gas prices declined on Monday due to high power output from wind turbines and expectations for higher temperatures later in the week. ›

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  • February 12th, 2018

Oil prices rise 1 percent as stocks markets steady

Oil prices rose by 1 percent on Monday, recovering some of last week’s steep losses as Asian stock markets found a footing after days of chaotic trading. ›

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  • February 9th, 2018

UK GAS-Prices up on slightly colder short-term weather forecasts

British wholesale gas prices rose on Friday morning as forecasts for this weekend and early next week showed slightly colder temperatures than previously expected. ›

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