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Industry News from Energy Services

  • September 28th, 2018

UK GAS-Day-ahead price rises on cooler weather forecasts

The wholesale British day-ahead gas price rose on Friday morning as expectations of cooler temperatures boosted demand, while further out on the curve prices slipped. ›

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  • September 28th, 2018

Oil prices edge up amid uncertainty over fallout from Iran sanctions

Oil prices inched up on Friday, with investors trying to gauge the potential impact on supply from looming U.S. sanctions on Iran’s crude exports. ›

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  • September 27th, 2018

UK GAS-Prices slide on oversupply

British wholesale gas prices fell on Thursday morning as lower exports to continental Europe, storage injections and demand helped to create oversupply. ›

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  • September 26th, 2018

EUROPE POWER-Weaker emissions, coal weighs on year-ahead contracts

European year-ahead electricity contracts were down on Wednesday, pressured by the fall in carbon emissions, gas and coal prices, while day-ahead delivery prices diverged as a forecast fall in wind output supported the German prompt. ›

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  • September 26th, 2018

UK GAS-Prices down on higher temperatures, strong wind

British wholesale gas prices fell on Wednesday as warmer weather and strong wind reduced demand for gas, leaving the system oversupplied. ›

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  • September 26th, 2018

Brent oil trades near four-year high, but U.S. crude retreats

Brent crude was trading around its highest in nearly four years on Wednesday, while U.S. crude futures fell as Washington tried to assure consumers that the market would be well supplied before sanctions are re-imposed on producer Iran. ›

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  • September 25th, 2018

UK GAS-Prices decline on oversupply, reduced demand

British wholesale gas prices declined on Tuesday morning due to an oversupplied system and reduced demand. ›

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  • September 25th, 2018

Oil hits four-year high as OPEC, Russia resist output rise to offset Iran sanctions

Brent crude oil prices hit a fresh four-year high on Tuesday amid looming U.S. sanctions against Iran and an apparent reluctance by OPEC and Russia to raise output to offset the expected to hit to supply. ›

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  • September 24th, 2018

UK GAS-Prices up as lower temperatures boost demand

British wholesale gas prices rose on Monday as lower temperatures increased demand, leaving the system undersupplied. ›

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  • September 24th, 2018

EUROPE POWER-Wind decline boosts spot, winter demand drives curve to records

European prompt power contracts rose sharply on Monday on declining wind power supply in Germany, while the prospect of lower temperatures and coming winter demand drove monthly and quarterly contracts to records. ›

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