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Industry News from Energy Services

  • March 29th, 2018

UK GAS-Prices rise as cold weather lifts demand outlook

British prompt gas prices rose on Thursday as colder weather forecast from the weekend lifted demand and left the system undersupplied. ›

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  • March 29th, 2018

Oil prices rise as OPEC seen continuing supply cuts through 2018

Oil prices rose on Thursday as the producer cartel OPEC and other suppliers look set to continue withholding output for the rest of the year and potentially into 2019. ›

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  • March 28th, 2018

UK GAS-Prices flat, market balanced, after earlier turmoil

British prompt gas prices were broadly flat on Wednesday with the market balanced after a month of wild swings on the back of cold snaps compounded by outages leaving storage levels at multi-year lows. ›

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  • March 28th, 2018

Oil prices fall on surprise U.S. inventory rise; China crude volatile

Oil prices fell on Wednesday, with Brent dropping back below $70 per barrel and U.S. West Texas Intermediate dipping below $65, pulled down by a report of increasing U.S. crude inventories that surprised many traders.

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  • March 27th, 2018

UK GAS-Prices up on coming cold weather, low wind power output

British prompt gas prices rose on Tuesday, driven by forecasts for colder than previously seen weather and as weaker wind power output is expected to increase demand for gas. ›

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  • March 27th, 2018

Oil firm on Middle East tension, though rising US output looms

Oil prices were firm on Tuesday, supported by concerns that tensions in the Middle East could lead to supply disruptions, although further rises expected in U.S. crude output loomed over markets. ›

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  • March 26th, 2018

UK day-ahead power prices drop on weaker NBP spot prices

UK day-ahead prices fell significantly Monday, dragged down by weaker NBP gas prices coupled with forecasts for milder temperatures and higher wind output Tuesday. ›

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  • March 26th, 2018

UK GAS-Prices fall as weather forecasts turn warmer

British wholesale gas prices fell on Monday morning, as forecasts of warmer temperatures than previously expected dented demand. ›

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  • March 26th, 2018

Oil prices fall as U.S. trade dispute with China looms

Brent and WTI crude oil futures dipped on Monday as concerns of a looming trade dispute between the United States and China weighed on global markets. ›

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  • March 23rd, 2018

UK GAS-Prices decline on oversupply

British wholesale gas prices fell on Friday as strong imports from Belgium and withdrawals from underground storage sites contributed to oversupply.

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