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Industry News from Energy Services

  • February 28th, 2019

UK GAS-Prices little changed in well supplied system

British wholesale gas prices were little changed on Thursday in a balanced market with higher demand for gas to generate power matched by increased Dutch imports and LNG supplies. ›

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  • February 28th, 2019

Oil dips as Asia factory output weakens, U.S. crude production hits record

Oil prices fell on Thursday amid weakening factory output in China and Japan and record U.S. crude output, although markets remained relatively well supported by supply cuts led by producer club OPEC. ›

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  • February 27th, 2019

UK GAS-Prices rise on gas-to-power plant demand

British wholesale gas prices rose on Wednesday morning as continued low wind power output boosted demand from gas-to-power plants. ›

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  • February 27th, 2019

Oil advances as OPEC set to continue supply cuts despite U.S. pressure to ease

Oil prices rose on Wednesday after a report of declining U.S. crude inventories and as producer club OPEC seemed to stick to its supply cuts despite pressure from U.S. President Donald Trump. ›

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  • February 26th, 2019

UK GAS-Prices edge higher on strong power demand

British wholesale gas prices edged higher on Tuesday morning on strong demand from power plants, but traders said oversupply and weak demand amid mild temperatures limited gains. ›

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  • February 26th, 2019

Oil eases after Trump urges OPEC to curb efforts to boost prices

Oil inched lower on Tuesday to extend losses of more than 3 percent from the previous session, easing after U.S. President Donald Trump called on OPEC to rein in its efforts to boost prices. ›

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  • February 25th, 2019

UK GAS-Prices fall on strong Norway flows and mild weather

British wholesale gas prices fell on Monday as a 50 percent increase in Norwegian gas flows and mild weather created an oversupply in the system. ›

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  • February 25th, 2019

Oil dips amid record U.S. exports, but trade talk hopes offer some support

Oil prices dipped on Monday, dragged down by plentiful supply as U.S. exports soar and compete with traditional producers from the Middle East in key markets such as Asia. ›

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  • February 22nd, 2019

UK GAS-Prices edge down on mild temperatures

British wholesale gas prices edged down on Friday morning as mild temperatures continued to reduce demand for heating. ›

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  • February 22nd, 2019

Oil prices firm on trade hopes, but record U.S. output drags

Oil prices were firm on Friday, supported by OPEC’s ongoing supply cuts and hopes that Washington and Beijing may soon end their trade dispute. ›

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