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Industry News from Energy Services

  • April 30th, 2018

UK GAS-Prompt prices rise on cooler weather and lower Norwegian imports

Prompt British wholesale gas prices rose on Monday morning as cooler weather lifted demand and imports from Norway fell as gas was re-routed to the continent. ›

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  • April 30th, 2018

Oil slips on rising U.S. rig count; Iran concerns limit downside

Oil prices dipped on Monday after a rising rig count in the United States pointed to higher production there, but markets held near their highest in over three years and remained set for a second straight month of gains. ›

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  • April 26th, 2018

Oil prices rise on concerns over supply disruptions, but surging US output looms

Oil prices rose on Thursday, lifted by concerns over supply disruptions in Venezuela and the Middle East as well as by strong demand. ›

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  • April 25th, 2018

UK GAS-Prices mostly edge lower as fresh supplies loom, wind power rises

Most British wholesale gas contracts mainly edged lower on Wednesday morning, as fresh supplies of liquefied natural gas (LNG) are expected to arrive this week and forecasts of strong output from the country‚Äôs wind farms have curbed demand. ›

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  • April 25th, 2018

Oil dips away from late-2014 highs as rising U.S. supply clouds bull-run

Oil prices on Wednesday fell back from more than three-year highs reached the previous session, as rising U.S. fuel inventories and production weighed on an otherwise bullish market. ›

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  • April 24th, 2018

UK GAS-Prices rise on cooler weather outlook

British wholesale gas prices rose on Tuesday morning on lower temperature forecasts for the end of this week. ›

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  • April 24th, 2018

Brent oil hits highest since late 2014 as supplies tighten amid strong demand

Brent crude oil rose for a sixth day on Tuesday to hit its highest since November, 2014 at over $75 a barrel, buoyed by expectations that supplies will tighten just as demand reaches record levels. ›

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  • April 23rd, 2018

UK prompt power prices rise on fading solar and cooler weather

UK day-ahead power contracts began the week on a bullish note in Monday’s trading session on the back of forecasts for easing solar output and cooler temperatures lifting demand. ›

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  • April 23rd, 2018

UK GAS-Prices rise on falling temperatures

British wholesale gas prices rose on Monday morning on forecasts of falling temperatures this week. ›

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  • April 23rd, 2018

Oil dips as U.S. drilling tempers otherwise bullish sentiment

Oil prices dipped on Monday as a rising U.S. rig count implied further increases in output, marking one of the few factors tamping back crude in an otherwise bullish environment. ›

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