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Industry News from Energy Services

  • August 31st, 2018

UK GAS-Prices up on ongoing Norwegian field outages

British wholesale gas prices were slightly higher on Friday morning as ongoing outages at Norwegian gas fields and strong exports have prompted withdrawals from storage. ›

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  • August 31st, 2018

Oil stable as Iran sanctions loom, but trade wars weigh

Oil markets held steady on Friday, supported by looming U.S. sanctions against Iran’s oil exports and falling Venezuelan output, but held back by concerns the trade war between the United States and China could intensify. ›

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  • August 30th, 2018

UK GAS-Prices rise, supported by Norway outages

British wholesale gas prices rose on Thursday morning, supported by a tight system caused by unplanned outages at Norwegian gas fields and strong withdrawals from storage ›

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  • August 30th, 2018

Oil prices rise on decline in U.S. fuel inventories, looming Iran sanctions

Oil prices rose on Thursday, extending solid gains from the previous session on a fall in U.S. crude inventories and expected disruptions to supply from Iran and Venezuela. ›

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  • August 29th, 2018

UK GAS-Prices ease amid oversupply

British wholesale gas prices eased on Wednesday amid a slightly oversupplied system and after a period of gains. ›

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  • August 29th, 2018

Oil dips on rising U.S. supply, potential Venezuela production investment

Oil prices fell on Wednesday, pulled down by a reported rise in U.S. crude inventories and hopes that a plunge in Venezuela’s output could be halted. ›

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  • August 28th, 2018

UK GAS-Prices rise on cooler temperatures, lower imports

Prompt British wholesale gas prices rose on Tuesday morning, as expectations of cooler weather boosted demand, while imports from Norway were curbed due to maintenance. ›

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  • August 28th, 2018

Oil prices steady on mixed supply signals

Oil prices were steady on Tuesday, capped by gradually rising output from producer club OPEC and supported by perceived supply risks from places such as Venezuela, Africa and Iran. ›

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  • August 24th, 2018

UK GAS-Prices up on lower flows from Norway

British wholesale gas prices increased on Friday morning as flows from Norway fell, leaving the market undersupplied. ›

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  • August 24th, 2018

Oil prices rise as U.S. sanctions on Iran cloud supply outlook

Oil prices rose on Friday as U.S. sanctions on Iran are expected to cut significant volumes of crude from the market. ›

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