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Industry News from Energy Services

  • October 31st, 2018

Oil rises one percent ahead of U.S. sanctions on Iran

Oil prices rose more than 1 percent on Wednesday as markets braced for the imposition of U.S. sanctions on Iran next week and as stock markets clawed back some of their recent losses.

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  • October 31st, 2018

UK GAS-Prices rise on undersupply, lower Norweigan imports

British wholesale rose on Wednesday morning as lower imports from Norway and strong demand from gas-to-power stations contributed to an undersupplied system.

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  • October 30th, 2018

UK GAS-Prices decline amid expectations of strong LNG supply

British wholesale gas prices declined slightly on Tuesday morning amid expectations of strong liquefied natural gas (LNG) supplies and slightly milder temperatures for the rest of this week.

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  • October 30th, 2018

Oil prices slip on rising supply, trade tensions

Oil prices slipped on Tuesday, depressed by concerns that the U.S.-China trade dispute will dent economic growth and by signs of rising global supply despite upcoming sanctions against Iran.

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  • October 29th, 2018

UK GAS-Prices up due to colder-than-normal conditions

British wholesale gas prices rose on Monday due to colder-than-expected temperatures.

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  • October 29th, 2018

Oil falls as investors wary of trade slowdown

Oil prices dipped on Monday amid cautious sentiment as a plunge in financial markets last week and dollar strength early this week underscored concerns that growth may be slowing, especially in Asia’s emerging economies.

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  • October 26th, 2018

UK GAS-Day-ahead price rises on colder weather, curve dips on LNG supplies

British wholesale day-ahead and weekend gas prices rose on Friday morning with the prospect of colder weather lifting demand, but most prices along the curve dipped on the expectation of increased liquefied natural gas (LNG) supplies. ›

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  • October 26th, 2018

Oil prices fall as oversupply looms amid global market woes

Oil prices fell on Friday and were heading for a third weekly loss, as Saudi Arabia warned of oversupply amid a slump in global equities and trade that clouds the outlook for fuel demand. ›

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  • October 25th, 2018

EUROPE POWER-Lower German wind power lifts day-ahead, week-aheads down

European wholesale power prices for the day-ahead were mixed on Thursday with Germany up and France down, while prices for next week were off on weaker than expected demand increases. ›

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  • October 25th, 2018

UK GAS-Prices slide as LNG send-out rates rise

British wholesale gas prices fell on Thursday, pressured by abundant supplies as send-out rates from liquefied natural gas (LNG) terminals rose.

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